Methode targets $950M–$1B sales with 50% data center run rate growth while advancing transformation (NYSE:MEI)

Management View - Methode Electronics, Inc. (MEI) reported sales of $234 million and a net income of $7.3 million for Q3 2026, showcasing resilience in a challenging environment [2] - The company is on a multiyear transformation journey aimed at enhancing its operational capabilities and market position [2] Sales Target - Methode is targeting sales between $950 million and $1 billion, indicating a strong growth trajectory [2] - The company anticipates a 50% growth in data center run rate, reflecting its commitment to expanding its presence in this sector [2]