---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-011986"
form_type: "8-K"
ticker: "MEI"
cik: "0000065270"
company_name: "METHODE ELECTRONICS INC"
filed_at: "2022-06-23T23:59:59+00:00"
generated_at: "2026-06-24T23:46:06.199884+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Methode Q4 EPS $0.43 vs $0.81 YoY; FY2022 sales record $1,164M; FY23 guidance $2.70-3.10

## Summary
- Q4 net sales $288.7M (-4.1% YoY); net income $16.2M ($0.43 diluted) vs $31.1M ($0.81).
- Full-year net sales record $1,163.6M (+7.0% reported); net income $102.2M ($2.70) vs $122.3M ($3.19).
- EBITDA Q4 $30.8M vs $50.8M; full-year $174.6M vs $191.6M; free cash flow Q4 $33.6M.
- FY2023 guidance: sales $1,160-1,210M, diluted EPS $2.70-3.10, unchanged from preliminary.
- Board authorized additional $100M share buyback (total $200M); 3-year organic sales CAGR target 6%.

## SEC filing metadata
- accession: 0000950170-22-011986
- form_type: 8-K
- ticker: MEI
- cik: 0000065270
- company_name: METHODE ELECTRONICS INC
- filed_at: 2022-06-23T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/65270/000095017022011986/0000950170-22-011986-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/65270/000095017022011986/mei-20220623.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-011986
- JSON: https://secwatch.observer/filing/0000950170-22-011986.json
- Plain text: https://secwatch.observer/filing/0000950170-22-011986.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.