Methode reported a 2.6% decline in net sales to $233.7 million and a net loss of $15.9 million. Results were weighed down by industry-wide Automotive disruptions and operational challenges in Mexico, though partially offset by strong Industrial segment performance and favorable foreign exchange. The company narrowed its full-year sales guidance and lowered its adjusted EBITDA outlook.

Methode Electronics, Inc. reported a decrease in net sales by 15.6% year-over-year to $246.9 million, resulting in a net loss of $9.9 million. Despite the decline, the company reaffirmed its fiscal 2026 guidance for net sales and adjusted EBITDA, highlighting progress in its transformation journey and expected positive free cash flow for the year.

Methode Electronics, Inc. delivered a solid first quarter for fiscal 2026, with a significant improvement in operating income despite a decrease in net sales. The company achieved strong free cash flow for the third consecutive quarter and reduced its net debt, demonstrating progress in its transformation journey and cost reduction initiatives.

Methode Electronics reported a decrease in net sales and a net loss for the fourth quarter of fiscal 2025. The loss was primarily driven by inventory adjustments and lower sales volume in the Automotive segment, partially offset by growth in the Industrial segment due to strong data center power product sales. The company generated positive free cash flow and reduced total and net debt.

Methode Electronics posted Q3 2025 revenue of $239.9 million, down from $259.5 million in Q3 2024, mainly due to lower automotive segment sales. The company recorded a net loss of $14.4 million, impacted by a tax valuation allowance. However, free cash flow improved to $19.6 million, and operating loss narrowed due to cost control measures.

Methode Electronics reported fiscal 2025 second quarter results, featuring net sales of $292.6 million and a net loss of $1.6 million, or $0.05 per diluted share. Adjusted net income was $5.2 million, or $0.14 per diluted share. The company raised its adjusted pre-tax income guidance for fiscal 2025.

Methode Electronics reported net sales of $258.5 million for the first quarter of fiscal 2025. The adjusted pre-tax loss was better than expected, and net cash provided by operating activities increased by $16.5 million compared to the prior year. The company affirmed its fiscal 2025 and 2026 guidance.

Methode Electronics reported Q4 2024 financial results with net sales of $277.3 million and a net loss of $57.3 million, or $1.63 per diluted share. The results were impacted by a goodwill impairment in the North American Automotive reporting unit and operational inefficiencies. However, the company achieved positive free cash flow of $15.8 million and reduced net debt to $169.4 million.

Methode Electronics reported a net sales of $259.5 million for the third quarter of fiscal 2024, a decrease compared to the same quarter of fiscal 2023. The company experienced a net loss of $11.6 million, or $0.33 per diluted share. The company has suspended its forward-looking guidance.

Methode Electronics reported a net sales of $288.0 million for the second quarter of fiscal year 2024. The company experienced a net loss of $55.3 million, or $1.55 per diluted share, but adjusted net income was $2.4 million, or $0.06 per diluted share. The results were impacted by auto program roll offs, a difficult comparison in Asia, softness in the e-bike market, and the UAW strike.

Methode Electronics reported net sales of $289.7 million for Q1 2024, an increase from $282.4 million in the same quarter of fiscal 2023. However, net income decreased to $0.9 million, or $0.02 per diluted share, compared to $21.5 million, or $0.58 per diluted share, in the same quarter of the previous year. The company experienced operational inefficiencies in its North American Auto operations, which negatively impacted earnings.

Methode Electronics reported a 4.3% increase in net sales to $301.2 million for Q4 2023. Net income was $8.1 million, or $0.22 per diluted share. The company secured program awards exceeding $250 million, with over 80% in EV applications.

Methode Electronics reported a decrease in net sales by 3.9% compared to the same quarter last year, with net sales of $280.1 million. Net income was $19.9 million, or $0.54 per diluted share. The company also announced a cash offer to acquire Nordic Lights Group Corporation.

Methode Electronics reported record sales of $315.9 million for the second quarter of fiscal 2023, with net income of $27.6 million, or $0.75 per diluted share. The company's performance was driven by strong sales in the Industrial segment and electric and hybrid vehicle applications.

Methode Electronics reported net sales of $282.4 million and net income of $21.5 million for the first quarter of fiscal 2023. The company confirmed its fiscal 2023 sales and earnings guidance.

Methode Electronics reported a decrease in net sales and net income for the fourth quarter of fiscal year 2022, while achieving strong free cash flow and securing significant program awards. Net sales were $288.7 million, and net income was $16.2 million, or $0.43 per diluted share. The company also announced a 3-year organic sales compounded annual growth rate target of 6%.

Methode Electronics reported net sales of $291.6 million and net income of $29.4 million, or $0.78 per diluted share, for the third quarter of fiscal 2022. The company also repurchased 460,161 shares of its common stock for $21.3 million and was awarded new programs with expected annual sales of over $100 million.

Methode Electronics reported a decrease in net sales by 1.8% to $295.5 million, with net income decreasing to $27.5 million, or $0.72 per diluted share. The company experienced lower sales in the Automotive segment due to semiconductor shortages, but saw strong performance in the Industrial segment. Methode also executed $34.8 million in share buybacks during the quarter.

Methode Electronics reported a strong first quarter with net sales up 51% and income from operations up 147%. The company reaffirmed its full-year guidance, but noted potential challenges from ongoing supply chain disruptions.

Methode Electronics reported a net sales increase to $301.0 million for Q4 2021, up from $210.6 million in the same quarter of fiscal 2020. Net income increased slightly to $31.1 million, or $0.81 per diluted share, compared to $30.1 million, or $0.79 per diluted share, in the same quarter of the previous year. The company experienced higher sales in electric and hybrid vehicle products, but faced increased material and logistic costs due to supply chain shortages.

Methode Electronics reported net sales of $295.3 million and net income of $31.9 million, or $0.83 per diluted share, for the fiscal third quarter ended January 30, 2021. The company experienced growth in electric and hybrid vehicle applications and generated strong free cash flow, leading to significant debt reduction.

Methode Electronics reported a record quarter with net sales of $300.8 million and income from operations of $45.0 million. Net income was $38.6 million, or $1.01 per diluted share. The increase in net sales was largely due to higher sales in the Automotive segment and favorable foreign currency translation.

Methode Electronics reported a decrease in net sales to $190.9 million compared to $270.2 million in the same quarter of fiscal 2020, primarily due to lower sales volume in the Automotive and Industrial segments as a result of the COVID-19 pandemic. Net income was $20.7 million, or $0.54 per diluted share, compared to $28.3 million, or $0.75 per diluted share, in the same quarter of fiscal 2020.

Methode Electronics reported a decrease in net sales due to lower volume in the Automotive and Industrial segments as a result of the COVID-19 pandemic. However, GAAP net income and free cash flow increased. The company implemented measures to manage costs, preserve liquidity, and enhance employee safety in response to the pandemic.

Methode Electronics reported a strong third quarter with a 15.8% increase in net sales, driven by higher sales in the Automotive segment. GAAP net income also increased significantly due to improved gross profit in the Automotive segment.