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. The presentation will be webc ...

Company Overview - Methode Electronics, Inc. is a leading global supplier of custom-engineered solutions with a focus on user interface, lighting, and power distribution applications [2] - The company operates sales, engineering, and manufacturing locations across North America, Europe, the Middle East, and Asia [2] Product and Market Segments - Methode designs, engineers, and produces mechatronic products for OEMs, utilizing a broad range of technologies [2] - The company's solutions are utilized in various end markets, including transportation (automotive, commercial vehicle, e-bike, aerospace, bus, and rail), cloud computing infrastructure, construction equipment, and consumer appliances [3] - The business is managed on a segment basis, with key segments being Automotive, Industrial, and Interface [3] Upcoming Events - Methode Electronics will present at the Sidoti Small Cap Virtual Conference on September 18th at 1:45 p.m. EDT, with a simultaneous webcast available on the company's website [1]

Core Insights - Methode Electronics, Inc. (MEI) reported a first-quarter fiscal 2026 EPS of -$0.29, which was better than the estimated EPS of -$0.40, indicating a smaller loss than expected [2][6] - The company achieved revenue of $240.5 million, exceeding the estimated revenue of approximately $229.9 million, suggesting stronger sales performance [3][6] - Despite revenue growth, MEI has a negative P/E ratio of approximately -4.20, reflecting ongoing financial challenges [3][6] Financial Metrics - The company's price-to-sales ratio is about 0.25, indicating that the market values its sales at a quarter of its current market price [4] - The enterprise value to sales ratio is approximately 0.48, reflecting the company's valuation relative to its sales [4] - MEI's debt-to-equity ratio is approximately 0.50, indicating a moderate level of debt compared to equity [5] - The current ratio is about 2.40, showing that the company has more than twice the current assets compared to its current liabilities, suggesting good short-term financial health [5]