METHODE ELECTRONICS INC
For the period ended Jan 31, 2026. Filed Mar 5, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jan 31, 2026 · Filed Mar 5, 2026
MEI$12.13+12.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 1. Financial Statements
CONDENSED CONSOLIDATEDS TATEMENTS OF OPERATIONS (Unaudited)
(in millions, except per share data)
| Three Months Ended | Nine Months Ended | |||
|---|---|---|---|---|
| January 31, 2026 | February 1, 2025 | January 31, 2026 | February 1, 2025 | |
| (13 Weeks) | (13 Weeks) | (39 Weeks) | (40 Weeks) | |
| Net sales | $233.7 | $239.9 | $721.1 | $791.0 |
| Cost of products sold | 194.9 | 198.6 | 591.1 | 647.2 |
| Gross profit | 38.8 | 41.3 | 130.0 | 143.8 |
| Selling and administrative expenses | 39.1 | 37.7 | 114.7 | 126.5 |
| Amortization of intangibles | 5.8 | 5.8 | 17.4 | 17.6 |
| Income (loss) from operations | (6.1) | (2.2) | (2.1) | (0.3) |
| Interest expense, net | 5.4 | 5.5 | 17.0 | 16.5 |
| Other expense, net | 1.6 | 0.5 | 4.3 | 2.9 |
| Pre-tax income (loss) | (13.1) | (8.2) | (23.4) | (19.7) |
| Income tax expense (benefit) | 2.8 | 6.2 | 12.7 | 14.6 |
| Net income (loss) | $(15.9) | $(14.4) | $(36.1) | $(34.3) |
| Income (loss) per share: | ||||
| Basic | $(0.45) | $(0.41) | $(1.02) | $(0.97) |
| Diluted | $(0.45) | $(0.41) | $(1.02) | $(0.97) |
| Cash dividends per share | $0.05 | $0.14 | $0.17 | $0.42 |
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