earnings
confidence high
sentiment positive
materiality 0.75
Methode Electronics Q4 net sales $298.1M (+15.9% YoY); turns positive EBITDA; guides FY27 sales $1.025-1.075B
METHODE ELECTRONICS INC
- Q4 net sales $298.1M (+15.9% YoY) incl. $22.5M customer recoveries; net income $0.4M ($0.01 EPS) vs net loss $28.3M
- Full year net sales $1,019.2M (-2.8% YoY); net loss $35.7M ($1.01 loss per share) improved from $62.6M loss
- Adjusted EBITDA Q4 $26.9M (9.0% of sales) vs loss $7.1M; full year $68.2M (6.7% of sales) up 60.5%
- Automotive sales up 28.3% to $144.9M on customer recoveries; Industrial up 14.2% to $151.4M; Interface down 84.5%
- FY2027 guidance: sales $1.025B-$1.075B; Adjusted EBITDA $72M-$82M; capex $25M-$30M; free cash flow stable