Welcome to our dedicated page for Methode Ele news (Ticker: MEI), a resource for investors and traders seeking the latest updates and insights on Methode Ele stock.
Methode Electronics, Inc. (NYSE: MEI) is described in its public communications as a global supplier of custom-engineered mechatronic solutions for user interface, lighting, power distribution and sensor applications. This news page aggregates coverage related to the company’s operations across its Automotive, Industrial and Interface segments, as well as its activity in transportation, cloud computing infrastructure, construction equipment and consumer appliance end markets.
Investors following MEI news will find regular earnings announcements, where Methode reports segment net sales, income from operations, non‑GAAP measures such as Adjusted EBITDA, Net Debt and Free Cash Flow, and commentary on factors like electric vehicle demand, program roll‑offs and transformation initiatives. Releases often discuss trends in automotive sensor and user interface products, power products for data centers, and lighting products for commercial vehicles and off‑road equipment.
News items also include dividend declarations, with the board of directors announcing quarterly cash dividends and related record and payment dates, as well as information about conference calls and webcasts where management reviews financial and operational highlights. Additional updates cover investor conference participation, leadership changes in areas such as accounting and investor relations, and governance events like the annual meeting of stockholders.
By reviewing the MEI news stream, readers can see how Methode communicates its transformation progress, cost‑reduction efforts, capital allocation decisions and risk considerations. This page can be useful for tracking how developments in automotive, commercial vehicle, electric and hybrid vehicle applications, and data center power products are reflected in the company’s public disclosures over time.
Methode Electronics (NYSE:MEI), a global leader in custom-engineered solutions for user interface, lighting, and power distribution applications, has announced its participation in the upcoming J.P. Morgan Auto Conference. The presentation is scheduled for Tuesday, August 12th at 12:40 p.m. EDT.
Investors and interested parties can access the presentation through a live webcast on the company's website at www.methode.com in the Investors section. The presentation will also be archived on the same page for future reference.
Methode Electronics (NYSE: MEI) reported its fiscal 2025 Q4 and full-year results, marked by significant challenges and transformation efforts. The company posted Q4 net sales of $257.1 million and a net loss of $28.3 million ($0.80 per share). Despite setbacks, MEI achieved record power product sales for data centers, exceeding $80 million for the year.
The company faced headwinds including reduced EV demand from major customers, particularly Stellantis, leading to inventory write-downs. However, MEI generated strong free cash flow of $26.3 million and reduced total debt to $317.6 million. For fiscal 2026, Methode expects net sales of $900-1,000 million and projects EBITDA to double, ranging from $70-80 million.
The Board approved a quarterly dividend of $0.07 per share, payable August 1, 2025.
Methode Electronics (NYSE: MEI), a global supplier of custom-engineered solutions for user interface, lighting system and power distribution applications, will release its fourth quarter and full year fiscal 2025 results on July 9, 2025, after market close.
The company will host a conference call and webcast on July 10, 2025, at 10:00 a.m. CDT. President and CEO Jon DeGaynor and CFO Laura Kowalchik will lead the discussion of financial and operational highlights. The call will be accessible via phone and webcast, with replay options available through July 24, 2025.
Methode Electronics (NYSE: MEI) has announced its board of directors has approved a quarterly dividend payment. The company, which specializes in custom-engineered solutions for user interface, lighting, and power distribution applications, will distribute $0.14 per share to common stockholders. The dividend will be paid on May 2, 2025, to shareholders of record as of the close of business on April 18, 2025.
Methode Electronics (NYSE: MEI) announced that its Grakon business unit, a global leader in advanced lighting systems, has been named a top-performing supplier by PACCAR, the manufacturer of Kenworth and Peterbilt trucks.
The recognition comes through PACCAR's Supplier Performance Management (SPM) Program, which evaluates suppliers based on product development, operations, aftermarket support, and alignment with PACCAR's business objectives. The program is designed to promote collaboration and continuous improvement across the supply chain.
Grakon has been instrumental in multiple PACCAR launches, providing interior and exterior lighting solutions for Kenworth, Peterbilt, and DAF vehicles. CEO Jon DeGaynor emphasized the company's commitment to innovation, quality, on-time delivery, and product reliability as key factors in maintaining their successful partnership with PACCAR.
Methode Electronics (NYSE: MEI) reported its fiscal 2025 third quarter results with net sales of $239.9 million, down from $259.5 million in the same quarter of fiscal 2024. The company posted a net loss of $14.4 million ($0.41 per diluted share), compared to $11.6 million loss in the previous year.
Key highlights include:
- Electric and hybrid vehicle applications represented 24% of net sales
- Strong performance in power product sales for data centers
- Positive free cash flow of $19.6 million
- Successfully launched 20 new programs this fiscal year, with 33 more expected in the next five quarters
The decrease in sales was primarily due to lower volume in the Automotive segment, partially offset by higher volume in the Industrial segment. Despite challenges, the company reaffirmed its guidance for profitable organic sales growth in fiscal 2026.
Methode Electronics (NYSE: MEI) has appointed Brad Corrodi as Chief Strategy Officer (CSO), effective March 10, 2025. Corrodi brings over 30 years of experience in strategic, investment, and operating roles to the global supplier of custom-engineered solutions for user interface, lighting, and power distribution applications.
Based at the company's Chicago headquarters, Corrodi will focus on driving organic growth opportunities and exploring future M&A activities. A key aspect of his role will be identifying opportunities to expand Methode's power solutions enterprise into new and growing markets, supporting the company's broader transformation efforts to regain industry leadership.
Methode Electronics (NYSE: MEI), a global supplier of custom-engineered solutions for user interface, lighting system and power distribution applications, has scheduled its third quarter fiscal 2025 results release for March 5, 2025, after market close. The earnings period covers through February 1, 2025.
The company will host a conference call and webcast on March 6, 2025, at 10:00 a.m. CST, featuring President and CEO Jon DeGaynor and CFO Laura Kowalchik. Investors can join via phone (888-506-0062 domestic, 973-528-0011 international) or through the company's website. A replay will be available until March 20, 2025, using passcode 52027.
Methode Electronics (NYSE: MEI) has appointed Karen Keegans as its new Chief Human Resources Officer (CHRO), effective February 3, 2025. Keegans, who brings over 30 years of leadership experience including CHRO roles at Fortune 500 companies like Rockwell Automation, Pentair, and Praxair, will succeed Andrea Barry, who has served as CHRO since 2017.
Based at the company's Chicago headquarters, Keegans will focus on aligning culture and talent with business objectives, building organizational capabilities, and shifting the culture to be more globally aligned and performance-focused. These changes are part of Methode's broader strategy to regain industry leadership position.
Methode Electronics (NYSE: MEI), a global supplier of custom-engineered solutions specializing in user interface, lighting, and power distribution applications, has announced a quarterly dividend declaration. The dividend of $0.14 per share will be paid on January 31, 2025, to stockholders of record as of the close of business on January 17, 2025.