Methode Electronics Eyes 2026 Growth

Methode Electronics(NYSE:MEI) reported fiscal 3Q2025 results on March 5, 2025, with sales of $239.9 million (down 8% year-over-year), an adjusted pretax loss of $7.3 million, and a return to $19.6 million in free cash flow (non-GAAP) despite significant auto program roll-offs. Management reaffirmed expectations of profitable organic sales growth in fiscal 2026, outlined improvements in operational execution, and described strategic shifts toward data centers and industrial markets. For reference, the company's fiscal year ends on April 30, 2025.Adjusted operating loss improved by $1.6 million year-over-year despite a $19.6 million decline in sales, highlighting material cost reductions and productivity gains. Gross profit increased by $4 million year-over-year due to lower scrap and freight, while free cash flow (non-GAAP) reached $19.6 million amid persistent auto sector weakness and program roll-offs.This operational transformation enables the company to convert incremental sales into profit more efficiently, increasing future margin potential as new programs scale.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool