earnings
confidence high
sentiment positive
materiality 0.80
Matthews Q1 GAAP EPS $1.39 vs loss of $0.11; debt reduced $174M, $300M notes redeemed
MATTHEWS INTERNATIONAL CORP
2026-Q1 EPS reported
$1.39
revenue$284,763,000
- GAAP EPS $1.39 vs loss of $0.11 a year ago; adjusted EBITDA guidance reaffirmed at least $180M.
- Consolidated debt reduced by $174M; redeemed $300M of 8.625% Senior Secured Second Lien Notes due 2027.
- Closed sale of warehouse automation business for $225.4M cash with gain; also exited European packaging.
- Memorialization segment sales up on Dodge Co. acquisition, pricing, and volume; Industrial Technologies sales declined.
- Propelis (SGK JV) reported solid results; cost synergy target ~$60M; strategic alternatives review ongoing.