Methode Electronics INC 8-K filings

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. announced its fiscal first quarter 2026 financial results, highlighting a significant increase in operating income and strong free cash flow despite lower net sales, while affirming its full-year guidance.

Methode Electronics, Inc. announced its Compensation Committee awarded time-based and performance-based restricted stock units to executive officers for the fiscal 2026 long-term incentive program.

Methode Electronics, Inc. announced significant losses for its fourth quarter and full fiscal year 2025, driven by reduced EV demand and inventory adjustments, while highlighting record data center product sales and a strategic pivot towards this growth area with an optimistic fiscal 2026 EBITDA forecast.

Methode Electronics announced its Q3 fiscal 2025 results, highlighting strong power product sales for data centers and progress in its transformation journey, while reaffirming its fiscal 2026 guidance.

Methode Electronics announces the departure of Chief Administrative Officer and CHRO Andrea Barry, effective January 31, 2025, and the appointment of Karen Keegans as the new CHRO, effective February 3, 2025.

Methode Electronics announced positive pre-tax income and increased program awards, leading to raised adjusted pre-tax income guidance for fiscal year 2025.

Methode Electronics has appointed Lars Ullrich as Senior Vice President, Global Automotive Business, effective December 2, 2024, to oversee all strategic, launch, and commercial activities for the company's automotive division.

Methode Electronics has reached a settlement agreement with its former CEO, Avinash Avula, resolving disputes following his departure.

Methode Electronics held its annual meeting on September 11, 2024, where stockholders elected ten directors, ratified Ernst & Young LLP as the independent auditor, and approved executive compensation in an advisory vote.

Methode Electronics announced its fiscal 2025 first quarter results, with an adjusted pre-tax loss that was better than expected and a significant increase in net cash from operating activities.

Methode Electronics has appointed Laura Kowalchik as its new Chief Financial Officer, effective October 1, 2024, replacing interim CFO David Rawden.

Methode Electronics' executives, Kevin M. Martin and Andrea J. Barry, chose to receive their annual performance-based bonuses in restricted stock units rather than cash.

Methode Electronics reported a net loss for fiscal year 2024, but saw positive free cash flow in the fourth quarter and announced a new CEO and strategic initiatives for future growth.

Methode Electronics has appointed Jon DeGaynor as its new President and CEO, effective July 15, 2024, and will release its fourth quarter fiscal 2024 results on July 11, 2024.

Methode Electronics has announced the immediate resignation of its CEO, Avi Avula, and the appointment of Kevin Nystrom as interim CEO while a permanent replacement is sought.

Methode Electronics' CFO, Ronald L.G. Tsoumas, will retire on July 12, 2024, with David Rawden of AlixPartners slated to become interim CFO.

Methode Electronics amended its credit agreement to increase leverage ratio limits and reported a net loss for the third quarter of fiscal year 2024, leading to the suspension of forward-looking guidance.