Methode Electronics INC

Methode Electronics reports improved fiscal 2026 profitability and positive free cash flow, signaling progress in its ongoing business transformation.

Methode Electronics, Inc. announced a net loss of $15.9 million for its fiscal third quarter 2026, alongside narrowed sales guidance and lowered adjusted EBITDA expectations for the full year.

Methode Electronics, Inc. has amended change in control agreements for key executives, reducing COBRA benefits, and terminated its Deferred Compensation Plan.

Methode Electronics reported a 15.6% year-over-year decline in second-quarter net sales to $246.9 million, alongside an increased net loss, but reaffirmed its full fiscal year 2026 guidance.

Methode Electronics, Inc. stockholders approved the election of seven directors, ratified Ernst & Young LLP as auditor, and endorsed executive compensation at their annual meeting on September 17, 2025.

Methode Electronics, Inc. announced the appointment of Stacie Schulz as its new Chief Accounting Officer, effective September 11, 2025.

Methode Electronics, Inc. reported a net loss of $15.9 million for the third quarter and $36.1 million for the nine months ended January 31, 2026, driven by lower sales in its Automotive and Interface segments, despite growth in Industrial.

Methode Electronics reported a net loss of $9.9 million for Q2 2026, with net sales decreasing 15.6% year-over-year, primarily driven by lower Automotive segment volumes.

Methode Electronics, Inc. reported a net loss of $10.3 million for the first quarter, with overall sales down 7.0% and a debt covenant breach requiring a waiver.

Methode Electronics' Q3 fiscal 2025 net sales decreased by 7.6% year-over-year, primarily due to lower sales in the Automotive segment, amidst ongoing economic and geopolitical challenges.

Methode Electronics reported a net loss of $1.6 million for the quarter ended November 2, 2024, amidst ongoing challenges and material weaknesses in internal controls.

Methode Electronics experienced a net loss of $18.3 million in the first quarter of fiscal year 2025, primarily due to decreased sales and increased expenses.

Methode Electronics reports a net loss of $35.7 million for fiscal 2026 as it navigates program roll-offs and restructuring.

Methode Electronics reported a net loss for fiscal year 2025, driven by declining automotive sales and increased expenses, prompting a significant amendment to its credit facility to relax financial covenants and reduce borrowing capacity.

Methode Electronics, Inc. reports a net loss of $123.3 million for fiscal year 2024, impacted by automotive sector challenges and a goodwill impairment, while also highlighting growth in the industrial segment.

Jonathan B Degaynor, CEO and President and a Director of Methode Electronics Inc, reported a transaction in 7,986 shares of common stock on July 15, 2026.

Director Mary A. Lindsey acquired 181.31 shares of phantom stock in Methode Electronics, Inc. via a dividend reinvestment plan.

Director Mary A. Lindsey filed an amendment to correct an administrative error regarding phantom stock acquisitions in the Methode Electronics deferred compensation plan.

General Counsel Kerry A. Vyverberg reported the withholding of 1,801 shares of Methode Electronics common stock to cover tax obligations.

Director Mark D. Schwabero filed an amendment to correct an administrative error regarding phantom stock acquisitions.

Director Therese M. Bobek acquired 161.68 phantom stock units in Methode Electronics via a dividend reinvestment plan.

Methode Electronics, Inc. has issued its proxy statement detailing the upcoming 2026 Annual Meeting of Stockholders, scheduled for September 16, 2026, which will be a virtual meeting.

Methode Electronics, Inc. details its 2026 long-term incentive program for executive officers, featuring a mix of time-based and performance-based restricted stock units.

Methode Electronics, Inc. has filed a Definitive Additional Materials proxy statement with the SEC.

Methode Electronics, Inc. has scheduled its 2025 Annual Meeting of Stockholders to vote on director elections, auditor ratification, and executive compensation, while revealing a reduced board size and details of new executive leadership compensation following a period of significant change.

Methode Electronics, Inc. has filed a definitive proxy statement with the SEC.

Methode Electronics will hold its annual stockholders meeting on September 11, 2024, to vote on director elections, auditor ratification, and executive compensation.

Ameriprise Financial, Inc. and its subsidiary Columbia Management Investment Advisers, LLC have reported a beneficial ownership stake of 5.6% in Methode Electronics, Inc.

The Vanguard Group has amended its Schedule 13G for Methode Electronics Inc., reporting 0% beneficial ownership due to an internal corporate realignment.

FMR LLC and Abigail P. Johnson have filed an amended Schedule 13G, disclosing a reduced beneficial ownership of 4.4% in Methode Electronics Inc.'s common stock.

FMR LLC and Abigail P. Johnson have reported a combined beneficial ownership of 8.7% of Methode Electronics Inc.'s common stock, held in the ordinary course of business.

BlackRock, Inc. has filed an Amendment No. 7 to Schedule 13G, disclosing a 7.2% beneficial ownership stake in Methode Electronics Inc. as of March 31, 2025.