---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-008402"
form_type: "8-K"
ticker: "MEI"
cik: "0000065270"
company_name: "METHODE ELECTRONICS INC"
filed_at: "2022-03-03T23:59:59+00:00"
generated_at: "2026-06-27T02:10:53.384821+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Methode Electronics Q3 EPS $0.78, sales $291.6M; raises FY sales guidance, EV sales record 19%

## Summary
- Net sales $291.6M (-1.3% YoY); net income $29.4M ($0.78 diluted EPS) vs $31.9M ($0.83) prior year.
- Record EV/hybrid sales at 19% of sales; new program awards >$100M annual sales, ~70% EV.
- $21.3M share buybacks in quarter (460K shares); $71.2M total under $100M authorization.
- FY2022 guidance: sales raised to $1,160-$1,170M; EPS narrowed to $3.05-$3.15.
- Automotive segment sales down 7.2% on Europe semiconductor shortages; Industrial up 20.3%.

## SEC filing metadata
- accession: 0001564590-22-008402
- form_type: 8-K
- ticker: MEI
- cik: 0000065270
- company_name: METHODE ELECTRONICS INC
- filed_at: 2022-03-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/65270/000156459022008402/0001564590-22-008402-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/65270/000156459022008402/mei-8k_20220303.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-008402
- JSON: https://secwatch.observer/filing/0001564590-22-008402.json
- Plain text: https://secwatch.observer/filing/0001564590-22-008402.txt

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