Matthews International Corporation Class A Stock News

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,...

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”):

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 an...

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 bea...

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 E...

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 Greeti...

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 Corp...

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.