RADNOR, Pa., Sept. 11, 2024 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed in the United States District Court for the Northern District of Illinois against Methode Electronics, Inc. (“Methode”) (NYSE:MEI) on behalf of investors who purchased or otherwise acquired Methode common stock between June 23, 2022 and March 6, 2024, inclusive (the “Class Period”) The lead plaintiff deadline is October 25, ...

LOS ANGELES, Sept. 11, 2024 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Methode Electronics, Inc. ("Methode" or "the Company") (NYSE: MEI)  violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between June 23, 2022 and March 6, 2024, inclusive (the "Class Period"), ar ...

CHICAGO, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, LED lighting, and power distribution applications, will present at the Sidoti Small Cap Conference on Wednesday, September 18th at 2:30 p.m. EDT. A simultaneous webcast can be accessed on the company’s website, www.methode.com, by selecting the Investors page. The webcast will also be archived on the same Investors page. About Methode Electronics, In ...

NEW YORK, Sept. 10, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Methode Electronics, Inc. (NYSE: MEI). Shareholders who purchased shares of MEI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/methode-electronics-inc-loss-submission-form/?id=101223&from=3 CLASS PERIOD ...

NEW YORK, Sept. 9, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Methode Electronics, Inc. (NYSE: MEI).Shareholders who purchased shares of MEI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/methode-electronics-inc-loss-submission-form/?id=100732&from=4CLASS PERIOD: June 23 ...

SAN DIEGO, Sept. 08, 2024 (GLOBE NEWSWIRE) -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers of Methode Electronics, Inc. (NYSE: MEI) common stock between June 23, 2022 and March 6, 2024, inclusive (the “Class Period”), have until October 25, 2024 to seek appointment as lead plaintiff of the Methode Electronics class action lawsuit. Captioned Salem v. Methode Electronics, Inc., No. 24-cv-07696 (N.D. Ill.), the Methode Electronics class action lawsuit charges Methode Electronics a ...

NEW YORK, Sept. 06, 2024 (GLOBE NEWSWIRE) -- Lowey Dannenberg P.C., a preeminent law firm in obtaining redress for consumers and investors, announces the filing of a class action lawsuit against Methode Electronics, Inc. (“Methode Electronics” or the “Company”) (NYSE: MEI) for violations of the federal securities laws on behalf of investors who purchased or acquired Methode Electronics common stock between June 23, 2022 and March 6, 2024, inclusive (the “Class Period”). On August 26, 2024, a complaint was f ...

RADNOR, Pa., Sept. 05, 2024 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed in the United States District Court for the Northern District of Illinois against Methode Electronics, Inc. (“Methode”) (NYSE:MEI) on behalf of investors who purchased or otherwise acquired Methode common stock between June 23, 2022 and March 6, 2024, inclusive (the “Class Period”) The lead plaintiff deadline is October 25, ...

财务数据和关键指标变化 - 第一季度销售额为2.585亿美元,同比下降11%,环比下降7% [24] - 第一季度调整后营业亏损为470万美元,同比下降1000万美元,环比改善510万美元 [25] - 第一季度调整后EBITDA为980万美元,同比下降950万美元,环比改善450万美元 [26] - 第一季度调整后税前亏损为910万美元,同比下降1160万美元,环比改善470万美元 [27] - 第一季度调整后每股亏损为-0.31美元,同比下降0.37美元,环比下降0.08美元 [28] 各条业务线数据和关键指标变化 - 电动车业务销售占比从上一季度的14%增加到18% [15][16] - 电动车业务销售占比预计将超过20% [16] 各个市场数据和关键指标变化 - 汽车、商用车、建筑和农业等关键终端市场存在下行压力 [16] - 电动车市场,特别是北美市场,短期前景有所下降 [16] 公司战略和发展方向及行业竞争 - 公司正在开始转型,以定位公司实现长期价值创造 [10] - 公司未来两年将推出超过50个新项目,这将考验公司的执行能力 [11] - 公司正在采取多方面措施来改善运营效率和成本结构 [9][11][41][52] - 公司正在建设新的管理团队,包括任命新的CFO和CPO [12][41] 管理层对经营环境和未来前景的评论 - 公司维持2025财年销售额与上年持平、2026财年销售额和利润有所增长的指引 [12][31] - 管理层对市场环境保持谨慎态度,将密切关注市场变化 [16] 其他重要信息 - 公司第一季度新获得77百万美元年度销售额的订单 [18] - 公司正在积极管控资产负债表和现金流,第一季度营运资金减少9百万美元,经营活动现金流改善1650万美元 [17][29][30] - 公司债务契约条款得到遵守 [17] 问答环节重要的提问和回答 问题1 **Luke Junk 提问** 询问第一季度汽车业务毛利率改善的原因和可持续性 [34] **Jon DeGaynor 回答** 主要得益于运营改善、价格上涨、供应商成本下降等多方面因素 [35][36] 问题2 **John Franzreb 提问** 询问公司是否考虑进一步提价以改善盈利 [49][50] **Jon DeGaynor 回答** 公司正在全面审视各个项目的财务表现,并与客户进行透明沟通,寻求合理的价格调整 [50][51] 问题3 **Gary Prestopino 提问** 询问公司库存大幅增加的原因 [55][56][57] **Jon DeGaynor 回答** 主要是由于新项目推迟导致的提前备货,公司正在采取措施优化库存和供应链 [56][57][62]

Methode Electronics, Inc. Earnings Presentation First Quarter Fiscal 2025 September 5, 2024 2 Forward-Looking Statements This presentation forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that reflect, when made, our current views with respect to current events and financial performance. Such forward-looking statements are subject to many risks, uncertainties and factors relating to our operations and business environment, which may cause our actual resul ...