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 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

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Earnings data Q2 2023

Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

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.

Matthews International reports mixed Q4 results, focuses on cost control

Matthews International's Q4 2024 performance saw a decline in sales but met EBITDA expectations.
The company demonstrated strengths in debt reduction and dividend growth.
Challenges were evident in the Industrial Technologies and Energy Solutions segments.
Opportunities lie in cost control, innovation, and continued debt reduction efforts.

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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, SGK Brand Solutions, and Corporate and Non-Operating. 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 focuses on 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 Corporate and Non-Operating segment refers to cash and cash equivalents, investments, deferred income taxes, and corporate headquarters' assets. The company was founded by John Dixon Matthews in 1850 and is headquartered in Pittsburgh, PA.

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

Coronavirus has reshaped many aspects of one of the saddest moments in life, from the modalities of handling infected dead bodies to meeting the spiritual and emotional needs of those left behind.

Funeral Stocks in Focus as Coronavirus Tolls Death Knell

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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Matthews International Corporation (MATW) CEO Joseph Bartolacci on Q3 2019 Results - Earnings Call Transcript

Matthews International Corp (MATW) CEO Joseph Bartolacci on Q2 2019 Results - Earnings Call Transcript

Matthews International (MATW) delivered earnings and revenue surprises of -4.26% and -2.38%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?

Matthews International (MATW) Misses Q2 Earnings and Revenue Estimates

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.

News for Matthews International Stock (MATW)