Methode Electronics, Inc. logo MEI - Methode Electronics, Inc.

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Methode Electronics Appoints Industry Veteran Arnie Jensen to the Executive Leadership Team Overseeing Global Operations

Methode Electronics Appoints Industry Veteran Arnie Jensen to the Executive Leadership Team Overseeing Global Operations

SOUTHFIELD, Mich., April 29, 2026 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI) today announced that manufacturing industry veteran Arnie Jensen has joined the executive leadership team as Vice President of Global Operations. In this role, he will leverage his extensive manufacturing, operations and business leadership experience to help enhance Methode's global operations execution and excellence as it continues its transformation into a leading global supplier of innovative electronics solutions to customers across industries.

Apr 29, 2026 04:30 AM globenewswire.com
Methode Electronics' Board Approves Dividend

Methode Electronics' Board Approves Dividend

SOUTHFIELD, Mich., March 18, 2026 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, lighting, and power distribution applications, announced today that its board of directors has declared a quarterly dividend of $0.05 per share to be paid on May 1, 2026, to common stockholders of record at the close of business on April 17, 2026.

Mar 18, 2026 12:11 PM globenewswire.com
Methode Electronics, Inc. Reports Fiscal 2026 Third Quarter Financial Results

Methode Electronics, Inc. Reports Fiscal 2026 Third Quarter Financial Results

Net sales of $233.7 million, down 2.6% year-over-year Net loss of $15.9 million or 6.8% of net sales; adjusted EBITDA margin of 3.1% Narrowed FY26 sales guidance, lowered adjusted EBITDA guidance to $58 to $62 million Finalized agreement for the sale of Harwood Heights, IL facility Subsequent to quarter-end, closed on the sale of dataMate business, purchase price of $16 million SOUTHFIELD, Mich., March 05, 2026 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, lighting, and power distribution applications, today announced financial results for the third quarter of fiscal 2026 ended January 31, 2026.

Mar 05, 2026 11:30 AM globenewswire.com
Methode Electronics Announces Sale of dataMate Business

Methode Electronics Announces Sale of dataMate Business

SOUTHFIELD, Mich., March 05, 2026 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI) today announced the sale of its dataMate copper transceiver business to Bel Fuse Inc.® (NASDAQ: BELFA, BELFB), a leading global manufacturer of products that power, protect, and connect electronic circuits. The divestiture will enable Methode to sharpen the focus on key growth strategies, particularly in the area of power solutions, with a focus on data center business and power delivery and distribution products, anticipating the increasingly demanding requirements of very dense AI computing architectures.

Mar 05, 2026 11:20 AM globenewswire.com
Methode Electronics Announces Third Quarter Fiscal 2026 Results Conference Call

Methode Electronics Announces Third Quarter Fiscal 2026 Results Conference Call

SOUTHFIELD, Mich., Feb. 27, 2026 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, lighting, and power distribution applications, announced it will conduct a conference call and webcast on Friday, March 6, 2026, at 11:00 a.m. EST to review its third quarter fiscal 2026 results. President and Chief Executive Officer, Jon DeGaynor, and Chief Financial Officer, Laura Kowalchik will lead the call.

Feb 27, 2026 11:11 AM globenewswire.com

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