{"schema_version":"secwatch.filing_event.v1","accession":"0001564590-21-059036","form_type":"8-K","ticker":"MEI","cik":"0000065270","company_name":"METHODE ELECTRONICS INC","filed_at":"2021-12-02T23:59:59+00:00","discovered_at":"2026-05-14T18:04:15.271737+00:00","generated_at":"2026-06-28T04:16:54.210888+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Methode Electronics Q2 net income down 29%; lowers FY2022 guidance on supply chain woes","bullets":["Net sales $295.5M (-1.8% YoY); net income $27.5M ($0.72 EPS) vs $38.6M ($1.01 EPS).","Record EV/hybrid sales (16% of net sales); Industrial segment sales up 18.9% to $80.7M.","Automotive segment sales fell 9.1% to $196M on semiconductor shortages; op margin 12.0% vs 18.0%.","FY2022 guidance cut: net sales $1,140-1,160M (prev. $1,175-1,235M); EPS $3.00-3.20 (prev. $3.35-3.75).","Repurchased 807,516 shares for $34.8M in Q2; $49.9M used under $100M buyback authorization."],"urls":{"canonical":"https://secwatch.observer/filing/0001564590-21-059036","json":"https://secwatch.observer/filing/0001564590-21-059036.json","markdown":"https://secwatch.observer/filing/0001564590-21-059036.md","text":"https://secwatch.observer/filing/0001564590-21-059036.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/65270/000156459021059036/0001564590-21-059036-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/65270/000156459021059036/mei-8k_20211202.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T04:16:54.210888+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"}