| Matthews International Announces Acquisition of the Dodge Company |
PITTSBURGH, May 12, 2025 (GLOBE NEWSWIRE) -- Matthews Memorialization, a division of Matthews International Corporation (NASDAQ GSM: MATW) (“Matthews”), today announced it has acquired The Dodge Company (“Dodge”) for $57 Million. Dodge is a leading supplier of embalming chemicals and supplies in North America and sells a variety of other related products to Funeral Homes. Matthews Memorialization is a leading supplier to Funeral Homes and Cemeteries in North America, selling a broad range of products including caskets, bronze and granite memorials, and cremation equipment. The acquisition advances Matthews' strategy of providing a comprehensive product offering to its death care industry customers. |
globenewswire.com |
2025-05-12 20:15:00 |
Czytaj oryginał (ang.) |
| Matthews International: SGK Sale Will Fund Buyback |
Matthews International plans a substantial buyback, leveraging $400 million in cash consideration from the SGK sale. Legal victory against Tesla means that they can put full commercial backing behind their dry battery electrode solutions again, with quoting activity clearly up YoY. Warehouse automation software wasn't doing that great, and the sales in the energy solutions were also down amid the injunction threat now passed, hitting segment scale. |
seekingalpha.com |
2025-05-02 10:21:21 |
Czytaj oryginał (ang.) |
| Matthews International Announces Closing of SGK Brand Solutions Sale |
PITTSBURGH, May 01, 2025 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) (“Matthews” or the “Company”) today announced the successful closing of the sale of its SGK Brand Solutions business (“SGK”) to a newly formed entity created by affiliates of SGS & Co (“SGS”). The transaction combines SGK and SGS into a new company that is expected to be a leading global provider of brand solutions. |
globenewswire.com |
2025-05-01 20:15:00 |
Czytaj oryginał (ang.) |
| Matthews International (MATW) Lags Q2 Earnings and Revenue Estimates |
Matthews International (MATW) came out with quarterly earnings of $0.34 per share, missing the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.69 per share a year ago. |
zacks.com |
2025-04-30 23:30:37 |
Czytaj oryginał (ang.) |
| Matthews International Reports Results for Fiscal 2025 Second Quarter |
Fiscal 2025 Second Quarter Financial Highlights: Consolidated sales of $427.6 million for the FY 2025 2 nd Quarter Significant increase in customer quotes for energy storage solutions Cost reduction programs remain on track SGK transaction expected to close in early May 2025; Company provides updated projections Webcast: Thursday, May 1, 2025, 9:00 a.m., (201) 689-8471 PITTSBURGH, April 30, 2025 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) today announced financial results for its second quarter of fiscal 2025. |
globenewswire.com |
2025-04-30 20:15:00 |
Czytaj oryginał (ang.) |
| Matthews International Declares Quarterly Dividend |
PITTSBURGH, April 30, 2025 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) announced that its Board of Directors declared, at its regularly scheduled meeting today, a dividend of $0.25 per share on the Company's common stock. |
globenewswire.com |
2025-04-30 18:00:00 |
Czytaj oryginał (ang.) |
| Matthews International Corporation Announces Clearance of Remaining Foreign Anti-Trust Regulatory Requirements |
PITTSBURGH, April 15, 2025 (GLOBE NEWSWIRE) -- Matthews International Incorporation ("Matthews" and/or the "Company") previously reported, in February 2025, the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 in connection with the proposed sale of its interest in SGK Brand Solutions (“SGK”) to a newly formed entity created by affiliates of SGS & Co (“SGS”), which will combine SGK and SGS. Today, the Company has announced the clearance of all remaining foreign anti-trust and competition authority regulatory requirements. As a result, the parties anticipate closing before the end of the current fiscal quarter, subject to the satisfaction of other customary closing conditions. |
globenewswire.com |
2025-04-15 13:15:00 |
Czytaj oryginał (ang.) |
| Matthews International Announces Second Quarter Fiscal 2025 Earnings Release and Conference Call |
PITTSBURGH, April 11, 2025 (GLOBE NEWSWIRE) -- Matthews International Corporation (Nasdaq GSM: MATW) today announced plans to release its second quarter fiscal year 2025 earnings results after the market closes on Wednesday, April 30, 2025. |
globenewswire.com |
2025-04-11 20:15:00 |
Czytaj oryginał (ang.) |
| Matthews International Shareholders Elect All Three of Matthews' Director Nominees at 2025 Annual Meeting |
PITTSBURGH, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) (“Matthews” or the “Company”), celebrating its 175th year of continuous operation, today announced that, based on preliminary vote results provided by its proxy solicitor following the Company's 2025 Annual Meeting of Shareholders, Matthews' shareholders have voted to elect all three of the Company's director nominees – Terry L. Dunlap, Alvaro Garcia-Tunon and J. Michael Nauman – to the Company's Board of Directors. |
globenewswire.com |
2025-02-20 11:36:00 |
Czytaj oryginał (ang.) |
| Leading Proxy Advisory Firm ISS Reaffirms its Unanimous Recommendation for the Election of ALL of Barington Capital's Nominees Ana Amicarella, Chan Galbato and James Mitarotonda to the Matthews Board |
ISS Finds "the Board Should Have Already Taken Steps to Install These Provisions, Rather Than Ignoring Them Until the Final Stage of a Proxy Contest" ISS Notes that "Without Further Board Change at This Meeting, Pending Decisions About Board Composition and Other Important Matters Will Remain Subject to the Influence of Directors Who Enabled the Disappointing Circumstances Culminating in This Proxy Contest" Recommends Shareholders Vote "WITHHOLD" on Matthews' Nominees Terry L. Dunlap, Alvaro Garcia-Tunon and J. |
prnewswire.com |
2025-02-19 16:19:00 |
Czytaj oryginał (ang.) |
| Matthews International Has the Right Strategy, the Right Board and the Right Management Team to Continue to Drive Long-Term, Sustainable Shareholder Value |
Failure to Elect All Three of Matthews' Director Nominees Will Lead to Short-Term Oversight by Individuals Who Have No Knowledge of Matthews' Businesses |
globenewswire.com |
2025-02-18 18:00:00 |
Czytaj oryginał (ang.) |
| Barington Capital Strongly Urges Matthews International Shareholders to Protect Their Investment by Electing Ana Amicarella, Chan Galbato and James Mitarotonda to the Matthews Board |
A Vote "FOR" Barington's Nominees is a Vote in Favor of the Relevant Skills, Board Experience, Independent Perspectives and Fierce Commitment to Shareholders Required to Help Drive Good Governance and Long-Term Value Creation at Matthews Warns Shareholders NOT to Be Misled by Matthews' Blatant Last-Minute Attempts to Placate Shareholders Days Before the 2025 Annual Meeting of Shareholders Reaffirms that the Incumbent Board Has Overseen 18 Years of Underperformance, Unacceptable Capital Allocation and Operating Execution, and Poor Corporate Governance Strongly Encourages Shareholders to Follow the Recommendations of Leading Independent Proxy Advisory Firms ISS, Glass Lewis, and Egan-Jones and Voting "FOR" ALL of Barington's Nominees NEW YORK , Feb. 18, 2025 /PRNewswire/ -- Barington Capital Group, L.P. ("Barington Capital"), a fundamental, value-oriented activist investor that, together with the other participants in its solicitation (collectively "Barington" or "we"), beneficially owns approximately 2.2% of the outstanding shares of common stock of Matthews International Corporation (NASDAQ: MATW) ("Matthews" or the "Company"), urges all Matthews shareholders to protect their investment and help drive value creation at the Company by voting "FOR" the election of Barington's nominees – Ana Amicarella, Chan Galbato and James Mitarotonda – to the Matthews Board of Directors (the "Board") ahead of Matthews' 2025 Annual Meeting of Shareholders (the "Annual Meeting") scheduled to be held this Thursday, February 20, 2025. |
prnewswire.com |
2025-02-18 09:00:00 |
Czytaj oryginał (ang.) |
| Barington Capital Calls on Matthews International Shareholders to Elect Ana Amicarella, Chan Galbato and James Mitarotonda to the Matthews Board to Help Restore Good Governance and Drive Value Creation |
Sends Letter to Matthews' Shareholders Highlighting the Company's Poor Governance, Deeply Troubling Board Culture and Desperate, Last-Ditch Effort to Placate Shareholders Ahead of 2025 Annual Meeting Believes Matthews' Proposed Governance Improvements and Sale of SGK Brand Solutions Division Are a Direct Response to Barington's Positive Influence and that Shareholders Remain at Risk Without Barington's Nominees on the Board Urges Matthews Shareholders to Vote "FOR" the Election of ALL of Barington Capital's Highly Qualified Nomin ees Whose Proven Board Effectiveness, Relevant Skills and Backgrounds, and Fierce Commitment to Shareholders Will Benefit ALL Matthews Shareholders NEW YORK , Feb. 17, 2025 /PRNewswire/ -- Barington Capital Group, L.P. ("Barington Capital"), a fundamental, value-oriented activist investor that, together with the other participants in its solicitation (collectively "Barington" or "we"), beneficially owns approximately 2.2% of the outstanding shares of common stock of Matthews International Corporation (NASDAQ: MATW) ("Matthews" or the "Company"), today sent a letter to the Company's shareholders urging them to elect Barington's highly qualified director nominees – Ana B. |
prnewswire.com |
2025-02-17 13:13:00 |
Czytaj oryginał (ang.) |
| U.S. District Court Judge Once Again Denies Tesla's Request to Block Matthews International from Selling Its Innovative Dry Battery Electrode Solutions to Others |
PITTSBURGH, Feb. 17, 2025 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) (“Matthews” or the “Company”) today announced that a U.S. District Court Judge has issued an order denying Tesla's renewed request to block Matthews' right to sell its innovative DBE solutions to existing and potential global customers. The Company issued the following statement: |
globenewswire.com |
2025-02-17 10:30:00 |
Czytaj oryginał (ang.) |
| Barington Capital Responds to Matthews International's Desperate Effort to Manipulate Board Election |
Urges Shareholders Not to be Fooled by the Company's 11th Hour Governance Changes: Clearly A Direct Reaction to Barington's Nomination Encourages Shareholders to Follow the Recommendations of Leading Independent Proxy Advisory Firms ISS, Glass Lewis, and Egan-Jones by Voting the GOLD Proxy Card "FOR" the Election of ALL of Barington's Nominees NEW YORK , Feb. 14, 2025 /PRNewswire/ -- Barington Capital Group, L.P. ("Barington Capital"), a fundamental, value-oriented activist investor that, together with the other participants in its solicitation (collectively "Barington" or "we"), beneficially owns approximately 2.2% of the outstanding shares of Matthews International Corporation (NASDAQ: MATW) ("Matthews" or the "Company"), today issued a statement in response to Matthews' recently announced corporate governance changes. |
prnewswire.com |
2025-02-14 20:09:00 |
Czytaj oryginał (ang.) |
| Matthews International Announces Significant Governance Enhancements |
Announces Transition of Board Chair and Future Appointment of Independent Director with Significant Battery and EV Technology Experience; New Director to be Appointed in the Near-Term |
globenewswire.com |
2025-02-14 16:56:00 |
Czytaj oryginał (ang.) |
| Matthews International Highlights Support from Investment Community Following Fiscal 2025 First Quarter Earnings Announcement |
GAMCO Asset Management, Top 5 and Long-Term Shareholder, Endorses Matthews' Director Nominees Urges Shareholders to Vote “FOR” All Three of Matthews' Director Nominees on the WHITE Proxy Card and “WITHHOLD” on Barington's Director Nominees PITTSBURGH, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Matthews International Corporation (Nasdaq GSM: MATW) (“Matthews” or the “Company”) today commented on the significant support it has received from its sell-side analysts following its recent fiscal 2025 first quarter earnings announcement. On February 6, 2025, Matthews announced financial results for its first quarter of fiscal 2025, highlighting that Memorialization and SGK Brand Solutions continued their solid performance, and that the Industrial Technologies segment was challenged by the impact of the Tesla litigation. |
globenewswire.com |
2025-02-12 16:00:00 |
Czytaj oryginał (ang.) |
| Barington Capital Sends Letter to Matthews International Shareholders Urging Them to Vote GOLD "FOR" the Election of ALL of Barington's Nominees to the Matthews Board |
Highlights Unanimous Support of Barington's Director Nominees by Leading Proxy Advisory Firms ISS, Glass Lewis and Egan-Jones Believes Matthews' Poor Fiscal 2025 First Quarter Earnings Results Further Demonstrates Management's Pattern of False Hope and Empty Promises Barington's Nominees Bring the Skills, Experience and Fresh Perspectives Required to Help Drive Meaningful Change and Long-Term Value Creation at Matthews NEW YORK , Feb. 12, 2025 /PRNewswire/ -- Barington Capital Group, L.P. ("Barington Capital"), a fundamental, value-oriented activist investor that, together with the other participants in its solicitation (collectively "Barington" or "we"), beneficially owns approximately 2.1% of the outstanding shares of common stock of Matthews International Corporation (NASDAQ: MATW) ("Matthews" or the "Company"), today sent a letter to the Company's shareholders highlighting unanimous support for the election of its director nominees – Ana B. |
prnewswire.com |
2025-02-12 10:00:00 |
Czytaj oryginał (ang.) |
| Leading Proxy Advisory Firm Glass Lewis Joins ISS and Egan-Jones in Recommending Matthews International Shareholders Vote the GOLD Proxy Card "FOR" ALL of Barington Capital's Nominees: Ana Amicarella, Chan Galbato and James Mitarotonda |
Glass Lewis Finds Matthews Has "Persistently Deteriorated and Consistently Underperformed During Substantially All Measurement Periods, Including During the Fullness of Mr. Bartolacci's Tenure as CEO" Asserts Barington "Has Offered Investors a Reasonable, Credible and Incremental Slate of Candidates" and a "More Promising Roadmap" for the Company Recommends Shareholders Vote "WITHHOLD" on Matthews' Nominees Terry L. |
prnewswire.com |
2025-02-10 09:00:00 |
Czytaj oryginał (ang.) |
| Matthews International Issues Statement Following ISS Report |
PITTSBURGH, Feb. 07, 2025 (GLOBE NEWSWIRE) -- Matthews International Corporation (Nasdaq GSM: MATW) (“Matthews” or the “Company”) issued the following statement regarding a February 6, 2025 report by Institutional Shareholder Services ("ISS"): |
globenewswire.com |
2025-02-07 20:30:00 |
Czytaj oryginał (ang.) |
| Matthews International Corporation (MATW) Q1 2025 Earnings Call Transcript |
Matthews International Corporation (NASDAQ:MATW ) Q1 2025 Earnings Conference Call February 7, 2025 9:00 AM ET Company Participants Steve Nicola - CFO Joe Bartolacci - President and CEO Conference Call Participants Liam Burke - B. Riley Daniel Moore - CJS Securities Justin Bergner - Gabelli Colin Rusch - Oppenheimer Steve Percoco - Lark Research Ethan Kalis - Bank of America Operator Greetings, and welcome to the Matthews International First Quarter Fiscal 2025 Financial Results Conference Call. |
seekingalpha.com |
2025-02-07 20:03:21 |
Czytaj oryginał (ang.) |
| Leading Proxy Advisory Firm ISS Recommends Matthews International Shareholders Vote Barington Capital's GOLD Proxy Card "FOR" ALL of Barington Capital's Nominees: Ana Amicarella, Chan Galbato and James Mitarotonda |
ISS Finds Incumbent Board has "Failed to Exercise Effective Oversight of Management" and "Continues to Suffer from Major Deficiencies with Independence that Necessitate Further Change" ISS Recommends Shareholders Vote "WITHHOLD" on Matthews' Nominees Terry L. Dunlap, Alvaro Garcia-Tunon and J. |
prnewswire.com |
2025-02-07 09:00:00 |
Czytaj oryginał (ang.) |
| Matthews International (MATW) Q1 Earnings and Revenues Miss Estimates |
Matthews International (MATW) came out with quarterly earnings of $0.14 per share, missing the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.37 per share a year ago. |
zacks.com |
2025-02-06 22:41:16 |
Czytaj oryginał (ang.) |
| Matthews International Reports Results for Fiscal 2025 First Quarter |
Fiscal 2025 First Quarter Financial Highlights: Company maintains outlook for fiscal 2025 (subject to the completion of the SGK Brand Solutions (SGK) transaction) Positive arbitration ruling affirms Company's right to sell its DBE solutions Cost reduction program on track Regulatory filings for SGK transaction initiated; continue to expect transaction to be completed by mid-2025 with proceeds applied substantially to debt reduction Webcast: Friday, February 7, 2025, 9:00 a.m., (201) 689-8471 PITTSBURGH, Feb. 06, 2025 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) today announced financial results for its first quarter of fiscal 2025. |
globenewswire.com |
2025-02-06 20:30:00 |
Czytaj oryginał (ang.) |
| Matthews International Announces Positive Ruling in Arbitration with Tesla |
Arbitrator affirms Matthews' right to continue selling its proprietary Dry Battery Electrode technology to other customers Arbitrator affirms Matthews' right to continue selling its proprietary Dry Battery Electrode technology to other customers |
globenewswire.com |
2025-02-06 09:00:00 |
Czytaj oryginał (ang.) |
| GAMCO Supports Matthews International's Nominees at 2025 Annual Meeting |
GREENWICH, Conn.--(BUSINESS WIRE)--GAMCO Asset Management Inc. (“GAMCO”), an affiliate of GAMCO Investors, Inc. (OTCQX: GAMI), along with certain other affiliates, collectively owns approximately 4.39% of the outstanding common stock of Matthews International Corporation (NasdaqGS: MATW) (“Matthews” or the “Company”) on behalf of its clients. GAMCO understands that Barington Companies Equity Partners, L.P. (“Barington”) has notified Matthews of its intent to nominate three candidates for electi. |
businesswire.com |
2025-01-31 19:52:00 |
Czytaj oryginał (ang.) |
| Facts Don't Lie: Barington Capital Sends Letter to Matthews International Shareholders Debunking the Company's False Narratives and Reinforcing its Case for Change |
Highlights Matthews' Longstanding Culture of Deceit Most Recently Evidenced by its Meandering and Misguided 68-page Presentation Believes Matthews' Status Quo is Untenable and the Election of Ana Amicarella, Chan Galbato and James Mitarotonda is Required to Drive Much-Needed Change and Long-Term Value Creation Urges Shareholders to Vote the GOLD Proxy Card "FOR" the Election of ALL of Barington Capital's Nominees NEW YORK , Jan. 30, 2025 /PRNewswire/ -- Barington Capital Group, L.P. ("Barington Capital"), a fundamental, value-oriented activist investor that, together with the other participants in its solicitation (collectively "Barington" or "we"), beneficially owns approximately 1.9% of the outstanding shares of common stock of Matthews International Corporation (NASDAQ: MATW) ("Matthews" or the "Company"), today sent a letter to the Company's shareholders highlighting the excuses, half-truths and lofty promises Matthews recently published in a meandering and blatantly misguided 68-page investor presentation. |
prnewswire.com |
2025-01-30 10:00:00 |
Czytaj oryginał (ang.) |
| Matthews International Declares Quarterly Dividend |
PITTSBURGH, Jan. 29, 2025 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) announced that its Board of Directors declared, at its regularly scheduled meeting today, a dividend of $0.25 per share on the Company's common stock. |
globenewswire.com |
2025-01-29 18:15:00 |
Czytaj oryginał (ang.) |
| Barington Capital Group Files Preliminary Proxy Statement For Nomination of Ana Amicarella, Chan Galbato and James Mitarotonda for Election to the Matthews International Board of Directors |
Nominations Follow Years of Stock Price Underperformance, Unacceptable Capital Allocation, Poor Execution, and Excessive Spending at Matthews Believes Director Candidates Have the Skills, Experience, and Commitment to Shareholders Required to Enhance Long-Term Value Calls for a New, Credible CEO and a Refreshed, Declassified Board Committed to Holding Management Accountable NEW YORK , Dec. 19, 2024 /PRNewswire/ -- Barington Capital Group, L.P. ("Barington Capital") and certain of its affiliates (collectively "Barington" or "we"), a fundamental, value-oriented activist investor that beneficially owns approximately 2% of the outstanding common stock of Matthews International Corporation (NASDAQ: MATW) ("Matthews" or the "Company"), today announced that it has filed a preliminary proxy statement with the U.S. Securities and Exchange Commission in connection with its nomination of Ana B. |
prnewswire.com |
2024-12-19 10:00:00 |
Czytaj oryginał (ang.) |
| Are Investors Undervaluing Matthews International (MATW) Right Now? |
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. |
zacks.com |
2024-12-13 12:41:30 |
Czytaj oryginał (ang.) |
| Matthews International Responds to Barington Capital and Affirms Board and Management's Focus on Driving Long-Term Value Creation |
PITTSBURGH, Dec. 10, 2024 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) (“Matthews” or the “Company”) today issued the following statement in response to the recent statement and nomination notice the Company has received from Barington Capital Group (“Barington”): |
globenewswire.com |
2024-12-10 14:52:00 |
Czytaj oryginał (ang.) |
| BARINGTON CAPITAL GROUP SENDS LETTER TO CHAIRMAN OF THE BOARD OF MATTHEWS INTERNATIONAL HIGHLIGHTING URGENT NEED FOR NEW LEADERSHIP |
Calls for Prompt Replacement of CEO Joseph C. Bartolacci Following 18 Years of Unacceptable Capital Allocation, Dismal Share Price Performance, Poor Execution and Excessive Spending Believes Company Must Also Reduce Indebtedness, Explore Options to Divest Underperforming Businesses and Improve Corporate Governance to Unlock Trapped Value Nominates Three Directors with Strong Boardroom Skills and Experience as Well as Proven Track Records of Creating Long-Term Value for Shareholders NEW YORK , Dec. 10, 2024 /PRNewswire/ -- Barington Capital Group, L.P. |
prnewswire.com |
2024-12-10 10:00:00 |
Czytaj oryginał (ang.) |
| The Zacks Analyst Blog Matthews International, ZIM Integrated Shipping, Quanta Services and Orange County Bancorp |
Matthews International, ZIM Integrated Shipping, Quanta Services and Orange County Bancorpare included in this Analyst Blog. |
zacks.com |
2024-11-29 05:16:08 |
Czytaj oryginał (ang.) |
| 14 Upcoming Dividend Increases, Including A King |
Happy Thanksgiving! Enjoy the holiday season and dividend raises. Fourteen companies increased dividends this week, with Lancaster Colony extending its 62-year streak by 5.6%. The average dividend increase is 5.5%, and McDonald's will become a dividend king next year with a 49-year streak. My strategy involves buying, holding, and adding to companies that consistently increase dividends and beat benchmarks, using data from U.S. Dividend Champions and NASDAQ. |
seekingalpha.com |
2024-11-28 13:01:50 |
Czytaj oryginał (ang.) |
| 4 Stocks to Keep an Eye On Following Recently Declared Dividend Hikes |
MATW, ZIM, PWR and OBT recently announced dividend hikes. |
zacks.com |
2024-11-27 17:01:09 |
Czytaj oryginał (ang.) |
| Should Value Investors Buy Matthews International (MATW) Stock? |
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. |
zacks.com |
2024-11-27 12:40:33 |
Czytaj oryginał (ang.) |
| Matthews International: Signs Of Deleveraging And Margin Improvement |
Matthews International Corporation reported strong earnings, with cost control and deleveraging progress, despite issues in the EV market and marketing limitations for battery technology. The launch of new products like the laser product and Acxiom, along with cost reductions, are expected to drive future growth and profitability in 2025. Memorialization business showed margin improvement and EBITDA growth, benefiting from inventory costing dynamics and cost-cutting measures, despite sales declines. |
seekingalpha.com |
2024-11-22 17:02:47 |
Czytaj oryginał (ang.) |
| Matthews International Q4 Earnings Beat Estimates, Revenues Down Y/Y |
MATW's fourth-quarter performance is impacted by ongoing customer delays in its energy business, but its cost reduction program is showing strong progress. |
zacks.com |
2024-11-22 14:31:14 |
Czytaj oryginał (ang.) |
| Matthews International Corporation (MATW) Q4 2024 Earnings Call Transcript |
Matthews International Corporation (NASDAQ:MATW ) Q4 2024 Earnings Conference Call November 22, 2024 9:00 AM ET Company Participants Bill Wilson - Senior Director-Corporate Development Joe Bartolacci - President and CEO Steve Nicola - CFO Conference Call Participants Daniel Moore - CJS Securities Liam Burke - B. Riley Securities Justin Bergner - Gabelli Colin Rusch - Oppenheimer Operator Greetings, and welcome to the Matthews International Fourth Quarter and Year-End Fiscal 2024 Financial Results. |
seekingalpha.com |
2024-11-22 13:26:33 |
Czytaj oryginał (ang.) |
| Matthews International Reports Results for Fourth Quarter and Fiscal Year Ended September 30, 2024 |
Financial Highlights : 4 th Quarter consolidated sales of $446.7 million; $1.80 billion for fiscal 2024 Outstanding debt reduced by $53.8 million during the quarter Cost reduction actions progressing well Company sets adjusted EBITDA guidance for fiscal 2025 Webcast: Friday, November 22, 2024, 9:00 a.m., (201) 689-8471 PITTSBURGH, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) today announced financial results for the quarter and fiscal year ended September 30, 2024. |
globenewswire.com |
2024-11-21 18:15:00 |
Czytaj oryginał (ang.) |
| Matthews International Increases Quarterly Dividend |
PITTSBURGH, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) announced that its Board of Directors declared, at its regularly scheduled meeting today, a dividend of $0.25 per share on the Company's common stock, representing an increase to the Company's quarterly dividend rate. |
globenewswire.com |
2024-11-20 18:15:00 |
Czytaj oryginał (ang.) |
| Matthews International Announces Fourth Quarter and Fiscal Year 2024 Earnings Release and Conference Call |
PITTSBURGH, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Matthews International Corporation (Nasdaq GSM: MATW) today announced plans to release its fourth quarter and fiscal year 2024 earnings results after the market closes on Thursday, November 21, 2024. |
globenewswire.com |
2024-11-08 18:15:00 |
Czytaj oryginał (ang.) |
| Matthews International: Lawsuit Risks Loom, But Inflection Point Could Be Near |
Matthews International faces challenges due to an outstanding Tesla lawsuit casting a pall, but historically low stock levels present a potential buying opportunity as operating metrics may improve. The company's memorialization business shows promise with expected Q4 improvements, lapping declining death rates and tough comparisons. Industrial technology struggles with stalled EV battery equipment orders, but new product launches and backlog liquidation could drive consolidation in results. |
seekingalpha.com |
2024-10-06 19:30:00 |
Czytaj oryginał (ang.) |
| Matthews International Announces Proposed Private Offering of Senior Notes |
PITTSBURGH, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) (the “Company”) today announced a proposed private offering of senior secured second lien notes due 2027 (the “Notes”). At or prior to the closing of the offering of the Notes, the Company intends to amend its senior credit facility to, among other things, permit the Notes to be secured by a second priority lien on substantially all of our and certain of our domestic subsidiaries' assets, and the Company and certain of its domestic subsidiaries intend to enter into a second amended and restated pledge and security agreement pursuant to which the Company and such subsidiaries will grant to the secured parties under the senior credit facility a first priority lien on substantially all of the Company's and such subsidiaries' assets. |
globenewswire.com |
2024-09-23 12:15:00 |
Czytaj oryginał (ang.) |
| Matthews International Corporation (MATW) Q3 2024 Earnings Call Transcript |
Matthews International Corporation (NASDAQ:MATW ) Q3 2024 Earnings Conference Call August 2, 2024 9:00 AM ET Company Participants Bill Wilson - Senior Director-Corporate Development Joe Bartolacci - President and CEO Steve Nicola - CFO Conference Call Participants Daniel Moore - CJS Securities Justin Bergner - Gabelli Operator Greetings, and welcome to Matthews International Third Quarter Fiscal 2024 Financial Results Conference Call. At this time all participants are in a listen-only mode. |
seekingalpha.com |
2024-08-02 21:27:10 |
Czytaj oryginał (ang.) |
| Matthews International (MATW) Lags Q3 Earnings and Revenue Estimates |
Matthews International (MATW) came out with quarterly earnings of $0.56 per share, missing the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.74 per share a year ago. |
zacks.com |
2024-08-01 23:00:43 |
Czytaj oryginał (ang.) |
| Matthews International Reports Results for Fiscal 2024 Third Quarter |
Fiscal 2024 Third Quarter Financial Highlights: Outstanding debt reduced by $12.6 million during the quarter 3 rd Quarter GAAP EPS of $0.06; non-GAAP adjusted EPS of $0.56 SGK Brand Solutions segment reports sales growth for the quarter Energy storage sales impacted by customer delays Company announces cost reduction initiatives Webcast: Friday, August 2, 2024, 9:00 a.m., (201) 689-8471 PITTSBURGH, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) today announced financial results for its third quarter of fiscal 2024. |
globenewswire.com |
2024-08-01 20:15:00 |
Czytaj oryginał (ang.) |
| Matthews International Declares Quarterly Dividend |
PITTSBURGH, July 24, 2024 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) announced that its Board of Directors declared, at its regularly scheduled meeting today, a dividend of $0.24 per share on the Company's common stock. |
globenewswire.com |
2024-07-24 20:15:00 |
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