earnings
confidence high
sentiment negative
materiality 0.75
Matthews Q2 FY2025 net loss of $8.9M; sales down 9.3% YoY; SGK closing May 2025
MATTHEWS INTERNATIONAL CORP
2025-Q2 EPS
reported -$0.40
vs consensus $0.22
▼ miss
(-282.4%)
- Consolidated sales $427.6M (-9.3% YoY); net loss $8.9M vs net income $9.0M last year.
- Adjusted EBITDA $51.4M (-9.5% YoY); adjusted EPS $0.34 vs $0.69.
- Energy storage customer quotes exceeded $100M since early Feb 2025; cost reduction programs on track.
- SGK transaction expected early May 2025: $350M upfront ($250M cash, $50M preferred equity); proceeds for debt reduction and stock repurchases.
- Updated pro forma adjusted EBITDA projection at least $190M for FY2025 (original $205M adjusted for SGK sale).