Matthews International

Matthews International Corp. engages in the provision of brand solutions, memorialization products, and industrial technologies. It operates through the following segments: Memorialization, Industrial Technologies, and SGK Brand Solutions. The Memorialization segment consists of bronze and granite memorials, and other memorialization products, caskets and cremation and incineration equipment for the cemetery and funeral home industries. The Industrial Technologies segment includes marking and coding equipment and consumables, industrial automation products and order fulfillment systems for identifying, tracking, picking, and conveying consumer, and industrial products. The SGK Brand Solutions segment consists of brand management, pre-media services, printing plates and cylinders, engineered products, imaging services, digital asset management, merchandising display systems, and marketing and design services for the consumer goods and retail industries. The company was founded by John Dixon Matthews in 1850 and is headquartered in Pittsburgh, PA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Matthews International (MATW) reports strong Q1 results and eyes growth opportunities

Matthews International (MATW) delivered a robust performance in Q1 2023, driven by the Industrial Technology segment and strong energy business growth.
While facing challenges in the European market, the company is focused on capitalizing on opportunities for growth and maintaining success in key segments.
With consolidated sales growth expected to continue and reaffirmed EBITDA projections, Matthews International remains optimistic about its performance in 2023.

Matthews International excels in Q2 2023 with strong sales growth

Matthews International delivered a robust performance in Q2 2023, driven by strong sales growth and operational improvements. Despite challenges in the SGK brand solution segment, the company remains optimistic about future prospects and is actively managing its debt levels.

Matthews International reports robust Q3 earnings amidst segment challenges

Matthews International delivered a strong Q3 performance with notable sales and EBITDA growth.
While facing challenges in certain segments, the company demonstrated financial stability and commitment to shareholders.
Opportunities exist for revenue growth, margin enhancement, and strategic realignment to drive future success.
Overall, a positive quarter with areas for improvement to sustain growth and profitability.

Matthews International (MATW) reports robust Q4 performance and growth strategies

Matthews International (MATW) delivered a strong performance in Q4 2023, marked by revenue growth, improved profitability, and enhanced financial stability.
The company's focus on debt reduction, cash flow generation, and strategic acquisitions positions it well for sustainable growth and value creation.
While facing challenges such as segment-specific sales fluctuations and market uncertainties, Matthews International remains resilient and adaptive.
Opportunities for expansion through acquisitions, innovation, and market diversification pave the way for future growth and competitive advantage.

Matthews International reports mixed Q1 results, eyes growth opportunities

Matthews International's Q1 2024 performance showed mixed results with sales growth in key segments but challenges in the Energy segment. The company is focusing on growth opportunities, including energy solutions and cremation business, while addressing financial performance concerns.

Matthews International reports mixed Q2 performance, focuses on debt reduction

Matthews International's Q2 2024 performance showcased strengths in Memorialization and SGK Brand Solutions, with challenges in Industrial Technologies.
The company aims to reduce debt, improve leverage ratio, and launch new products, presenting opportunities for growth and financial stability.
Despite facing some headwinds, Matthews International remains focused on operational improvements and strategic initiatives for future success.

Matthews International addresses challenges, focuses on cost reduction and growth

Matthews International navigated challenges in Q3 2024, focusing on cost reduction, debt reduction, and segment-specific strategies to address performance issues.
Despite headwinds in the Industrial Technologies segment, positive outcomes in Memorialization and SGK segments highlight the company's diversified portfolio strength.
Strategic financial management, confidence in legal matters, and a commitment to shareholder returns through dividends underscore Matthews International's resilience and long-term focus.

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Matthews International Corp. engages in the provision of brand solutions, memorialization products, and industrial technologies. It operates through the following segments: Memorialization, Industrial Technologies, and SGK Brand Solutions. The Memorialization segment consists of bronze and granite, and other memorialization products, caskets, cremation, and incineration equipment. The Industrial Technologies segment includes marking and coding equipment and consumables, industrial automation products, and order fulfillment systems for identifying, tracking, picking, and conveying consumer, and industrial products. The SGK Brand Solutions segment consists of brand management, pre-media services, printing plates and cylinders, engineered products, imaging services, digital asset management, merchandising display systems, and marketing and design services for the consumer goods and retail industries. The company was founded by John Dixon Matthews in 1850 and is headquartered in Pittsburgh, PA.

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In this article series, we provide a weekly summary of dividend changes. A summary table provides relevant data and key statistics of dividend increases.

Dividend Changes: November 14-20, 2020

Matthews International Corp (MATW) CEO Joseph Bartolacci on Q4 2020 Results - Earnings Call Transcript

Shares of Matthews International (NASDAQ:MATW) rose 2.4% in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share increased 9.90% year over year to $1.11, which beat the estimate of $0.85.

Recap: Matthews International Q4 Earnings

PITTSBURGH, Oct. 30, 2020 (GLOBE NEWSWIRE) -- M a tt he w s I n t e r na t i o nal C o r po r a ti on (Nasdaq GSM: MATW) today announced plans to release its fourth quarter and fiscal year 2020 earnings results after the market closes on Thursday, November 19, 2020.

Matthews International Announces Fourth Quarter and Fiscal Year 2020 Earnings Release and Conference Call

Let's see if Matthews International Corporation (MATW) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.

Is Matthews International (MATW) Stock a Suitable Value Pick?

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PITTSBURGH, Sept.  14, 2020  (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) today announced the appointment of Lillian Etzkorn to the Company’s Board of Directors effective October 1, 2020. Ms. Etzkorn currently serves as Senior Vice President and Chief Financial Officer for Shiloh Industries, Inc., an environmentally focused global supplier of lightweighting, noise and vibration solutions to the automotive, commercial and other industrial markets. Ms. Etzkorn previously served as Chief Financial Officer for CPI Card Group, and in multiple senior leadership roles in treasury and investor relations for Dana Inc. (2011-2017) and Ford Motor Company (1990-2009). With Ford, Ms. Etzkorn served in various financial roles for 19 years, including controller for Ford’s truck, SUV and commercial vehicle product lines.

Matthews International Corporation Announces New Director

Matthews International Corporation: Breaking Down The Moving Parts

Matthews International's (MATW) CEO Joe Bartolacci on Q3 2020 Results - Earnings Call Transcript

Matthews International (MATW) delivered earnings and revenue surprises of 26.98% and -0.70%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Matthews International (MATW) Q3 Earnings Top Estimates

Matthews International Reports Results for Fiscal 2020 Third Quarter

Matthews International (MATW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Matthews International (MATW) Q3 Earnings Expected to Decline

Matthews International (MATW) saw a big move last session, as its shares jumped more than 5% on the day, amid huge volumes.

Matthews International (MATW) Looks Good: Stock Adds 5% in Session

PITTSBURGH, July  10, 2020  (GLOBE NEWSWIRE) --  M a tt he w s I n t e r na t i o nal  C o r po r a ti on  (Nasdaq GSM: MATW) today announced plans to release its third quarter fiscal 2020 earnings results after the market closes on Thursday, July 30, 2020.

Matthews International Announces Third Quarter Fiscal Year 2020 Earnings Release and Conference Call

PITTSBURGH, Pa., June  29, 2020  (GLOBE NEWSWIRE) --  Matthews International Corporation  (NASDAQ GSM: MATW) today announced the sale, on June 26, 2020, of its noncontrolling ownership interest in a pet cremation services business.  The Company sold its ownership interest for a sales price of $57.2 million, consisting of $42.2 million cash and $15.0 million preferred stock.  Matthews International intends to apply the cash proceeds from the sale to debt repayment.

Matthews International Announces Sale of Investment

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Matthews International Corp (MATW) CEO Joseph Bartolacci on Q2 2020 Results - Earnings Call Transcript

PITTSBURGH, March  30, 2020  (GLOBE NEWSWIRE) --  Matthews International Corporation  (NASDAQ GSM: MATW) today announced that, on March 27, 2020, the Company renewed its domestic revolving credit facility and term loan.  The Company also announced the renewal, on March 27, 2020, of its accounts receivable securitization facility.

MATTHEWS INTERNATIONAL ANNOUNCES RENEWAL OF CREDIT FACILITIES

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Matthews International Corporation (MATW) CEO Joseph Bartolacci on Q1 2020 Results - Earnings Call Transcript

PITTSBURGH, Jan.  23, 2020  (GLOBE NEWSWIRE) --  Matthews International Corporation  (NASDAQ GSM: MATW) announced that its Board of Directors declared, at its regularly scheduled meeting today, a dividend of $0.21 per share on the Company’s common stock.

Matthews International  Declares Quarterly Dividend

PITTSBURGH, Jan.  02, 2020  (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) announced today that Matthews International Board of Directors member Katherine (Wendy) Dietze has been named one of WomenInc.'s 2019 Most Influential Corporate Directors. This annual list features board members of publicly held companies making impacts in their industry and paving the way for future female directors and executives.

WomenInc. Magazine Names Matthews Board Member to 2019 Most Influential Corporate Directors List

Matthews International Corporation (MATW) CEO Joseph Bartolacci on Q4 2019 Results - Earnings Call Transcript

PITTSBURGH, Nov.  01, 2019  (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) announced that David Schawk, group president, SGK Brand Solutions will retire today, November 1, 2019, from his role providing strategic oversight of the SGK Group, and as an officer of Matthews International. He will continue to serve as a member of the Matthews Board of Directors.

David Schawk Retires as Group President, SGK Brand Solutions

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News for Matthews International Stock (MATW)