Highest-materiality recent filing
Matthews Q2 fiscal 2026: adjusted EBITDA guidance reaffirmed; $300M note redemption
Redeemed $300M of 8.625% Senior Secured Second Lien Notes due 2027, lowering interest expense.
Arbitrator confirms Matthews' right to sell DBE technology; denies Tesla's broad injunction
Arbitrator's Feb 13, 2026 interim decision denies Tesla's requests for broad injunctive relief against Matthews.
Matthews International elects new Chairman, approves governance amendments at annual meeting
Board re-elects Gebhardt, Richards, Schawk, Wlodarczyk as directors for 2027 term.
Revolving credit commitments reduced from $750M to $700M; additional increases capped at $250M.
Matthews Q1 GAAP EPS $1.39 vs loss of $0.11; debt reduced $174M, $300M notes redeemed
GAAP EPS $1.39 vs loss of $0.11 a year ago; adjusted EBITDA guidance reaffirmed at least $180M.
Matthews International reaches agreement with Barington Capital; Barington withdraws nominees
Barington withdraws its director nominees for 2026 annual meeting under agreement with Matthews.
Matthews calls all $300M of 8.625% senior secured notes due 2027 at 104.313% on Jan 22
Notice of redemption for all $300M aggregate principal of 8.625% Senior Secured Second Lien Notes due 2027.
Matthews closes $232M sale of Automation Solutions; pro forma swings to $82.7M net income
Cash consideration of $225.4M used entirely to repay debt, reducing long-term debt to $478.2M.
Matthews completes sale of Warehouse Automation business for $232.1M total consideration
Sale to Duravant LLC closed Dec 31, 2025; cash proceeds of $225.4M plus liability assumption.
Matthews Q4 sales $318.8M, FY sales $1.5B; guides FY26 adj EBITDA ≥$180M
Q4 consolidated sales $318.8M; fiscal 2025 sales $1.50B. Memorialization up YoY; Industrial Tech down on Tesla litigation.
Matthews International sells Warehouse Automation business to Duravant for $230M
Total consideration of $230M ($223.3M cash plus assumption of certain liabilities).
Matthews International CFO Steven Nicola retiring; Daniel Stopar named successor
CFO Steven F. Nicola to retire Dec 31, 2025; served since 2003, joined company in 1992.
Matthews Q3 GAAP EPS $0.49 vs $0.06; revenue down 18.3%; debt reduced $120M
GAAP EPS $0.49 ($15.4M net income) vs $0.06 prior year; adjusted EPS $0.28 vs $0.56.
Matthews closes sale of SGK Brand Solutions; receives $250M cash, 40% equity in new JV
Upfront consideration of $350M: $250M cash at closing, $50M preferred equity, $50M trade receivables retained; plus 40% common equity in new entity.
Matthews Q2 FY2025 net loss of $8.9M; sales down 9.3% YoY; SGK closing May 2025
Consolidated sales $427.6M (-9.3% YoY); net loss $8.9M vs net income $9.0M last year.
HSR waiting period expired Feb 2025; all foreign anti-trust/competition clearances now obtained.
Matthews International ATM equity offering up to 1.25M shares via Truist Securities
Equity Distribution Agreement with Truist Securities allows sale of up to 1,250,000 Class A common shares.
Matthews Q1 adj. EPS $0.14 vs $0.37 YoY; positive arbitration ruling on DBE tech
Sales $401.8M (-10.7% YoY), net loss $3.5M ($0.11 loss per share), adj. net income $4.3M.
Matthews wins arbitration against Tesla, can sell Dry Battery Electrode tech to other customers
Arbitrator affirmed Matthews' right to sell its Dry Battery Electrode (DBE) technology to customers other than Tesla, citing extensive pre-Tesla background.
Director Gregory S. Babe will not stand for re-election in 2026; no disagreement with company.
Matthews sells SGK in $900M enterprise value JV; receives $350M upfront, 40% stake
Matthews sells SGK Brand Solutions to JV with SGS & Co, receiving $250M cash, $50M preferred equity, $50M retained receivables, and 40% common equity.
Barington nominated three candidates for the 2025 Annual Meeting; prior consulting agreement expired after Barington refused extension.
Matthews International reports Q4 net loss of $68.2M; retains J.P. Morgan for strategic alternatives
Q4 sales $446.7M (-7% YoY); full-year sales $1.80B; net loss $68.2M vs profit $17.7M last year.
Matthews International issues $300M 8.625% notes due 2027, redeems existing 2025 notes
Issued $300M aggregate principal of 8.625% Senior Secured Second Lien Notes due October 1, 2027.
Matthews International prices $300M of 8.625% senior secured notes due 2027 to redeem 2025 notes
Issued $300M aggregate principal amount of 8.625% senior secured second lien notes due Oct 1, 2027.
Offering of senior secured second lien notes due 2027; proceeds plus credit facility borrowings will redeem all 5.25% senior notes due Dec. 1, 2025.
Matthews Q3 EPS $0.06 vs $0.28 YoY; sales down 9.3%; guides FY adj EBITDA $205-210M
GAAP EPS $0.06 (down from $0.28); non-GAAP adjusted EPS $0.56 (down from $0.74).
Matthews Q2 FY2024 sales $471.2M, GAAP EPS $0.29, adj EPS $0.69; FY2024 EBITDA guidance ~$220M
Net sales $471.2M, down 1.7% YoY; net income $9.0M, flat vs. $9.1M a year ago.
Gary R. Kohl, Group President, SGK Brand Solutions was appointed Chief Executive Officer of the Joint Venture and resigned as an executive officer of Matthews.
current Board Chair Alvaro Garcia-Tunon will retire from the Board at the 2026 Annual Meeting.
on February 17, 2025 the Board unanimously selected Thomas Gebhardt, age 64, to fill the vacancy in the class of directors to be elected at the 2026 annual meeting of shareholders created by Mr. Babe’s resignation.
On February 13, 2025, Gregory S. Babe resigned from the Board, effective immediately.
On January 24, 2025, Gregory S. Babe informed Matthews International Corporation (the “Company”) that he will not stand for re-election to the Company’s Board of Directors at the Company’s 2026 Annual Meeting of Shareholders.
On April 23, 2024, Matthews International Corporation ("Matthews" or the "Company") appointed Francis Wlodarczyk to the Matthews Board of Directors (the "Board").
Max materiality 0.95 · Median 0.60 · Most common event earnings