Methode Electronics (MEI) Tops Q3 EPS by 13c, Reaffirms Guidance

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Methode Electronics, Inc. Reports Fiscal 2020 Third-Quarter Results and Increased Organic Sales Growth

March 5, 2020 7:01 AM EST

CHICAGO, March 05, 2020 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a global developer of custom-engineered and application-specific products and solutions, announced financial results for the third quarter of Fiscal 2020 ended February 1, 2020.

For the third quarter ended February 1, 2020, the Company's accounting period included 14 weeks compared to 13 weeks for the third quarter ended January 26, 2019. For the nine months ended February 1, 2020, the Company's accounting period included 40 weeks compared to 39 weeks for the nine months ended January 26, 2019. The following discussions of comparative results among periods should be reviewed in this... More