{"schema_version":"secwatch.filing_event.v1","accession":"0000065270-25-000015","form_type":"8-K","ticker":"MEI","cik":"0000065270","company_name":"METHODE ELECTRONICS INC","filed_at":"2025-12-03T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.906329+00:00","generated_at":"2026-05-16T15:32:48.952047+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.72,"calibrated_materiality_score":0.72,"confidence":"high","headline":"Methode Electronics Q2 net loss $9.9M ($0.28 EPS); sales down 15.6%; reaffirms FY guidance","bullets":["Net sales $246.9M, down 15.6% YoY (14 vs 13 weeks); sequential sales up 2.6%.","Net loss $9.9M ($0.28 loss) vs $1.6M loss ($0.05) prior-year Q2; adj. net loss $6.7M ($0.19).","Auto segment sales $110.5M (-24.1%) on legacy roll-off and lower EV demand; Industrial op. income up to $29.3M.","Adjusted EBITDA $17.6M (7.1% margin) vs $26.7M; reaffirms FY26 guidance: sales $900M-$1B, adj EBITDA $70-$80M.","Debt $332.5M (+$14.9M vs FY25 end); net debt $214M flat; Q2 free cash flow negative $11.6M, H1 positive $6.4M."],"urls":{"canonical":"https://secwatch.observer/filing/0000065270-25-000015","json":"https://secwatch.observer/filing/0000065270-25-000015.json","markdown":"https://secwatch.observer/filing/0000065270-25-000015.md","text":"https://secwatch.observer/filing/0000065270-25-000015.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/65270/000006527025000015/0000065270-25-000015-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/65270/000006527025000015/mei-20251203.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T15:32:48.952047+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}