secwatch.observer — SEC 8-K summary
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Issuer:     METHODE ELECTRONICS INC (MEI)
CIK:        0000065270
Form:       8-K
Filed at:   2025-09-09T23:59:59+00:00
Accession:  0000950170-25-113819
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Methode Electronics Q1 FY2026 net loss $10.3M; Industrial sales up 10.8%
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- Net sales $240.5M, down 7% YoY; net loss $10.3M ($0.29 diluted EPS) vs $18.3M loss a year ago.
- Income from operations improved to $1.1M from -$7.5M; adjusted net loss $7.8M ($0.22 per share).
- Automotive segment sales fell 21.3% to $106.1M; Industrial segment sales rose 10.8% to $123.5M.
- Free cash flow $18.0M, third consecutive quarter positive; net debt reduced to $202.3M from $214.0M.
- FY2026 guidance reaffirmed: sales $900M-$1,000M, EBITDA $70M-$80M; expects stronger H2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/65270/000095017025113819/0000950170-25-113819-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/65270/000095017025113819/mei-20250909.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-113819

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