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MATW — Matthews International News Story

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Consumer DefensivesBalancedMid CapNeutral

Matthews Q4 sales beat estimates, driven by Memorialization segment growth

Overview

Matthews Q4 sales beat analyst expectations, driven by Memorialization segment growth

Adjusted EPS for Q4 beats consensus, reflecting strong operational performance

Company plans to reduce net leverage ratio below 3.0x with warehouse automation sale

Outlook

Matthews targets fiscal 2026 adjusted EBITDA of at least $180 mln

Company expects continued growth in Memorialization segment for fiscal 2026

Matthews plans cost reduction actions amid challenges in engineering business

Result Drivers

MEMORIALIZATION GROWTH - Higher sales driven by The Dodge Company acquisition and increased bronze memorial sales

WAREHOUSE AUTOMATION RECOVERY - Sales increased due to market recovery

Key Details

MetricBeat/MissActualConsensus Estimate
Q4 SalesBeat$318.84 mln$290.79 mln (2 Analysts)
Q4 Adjusted EPSBeat$0.50$0.20 (2 Analysts)
Q4 EPS-$0.88
Q4 Net Income-$27.47 mln
Q4 Adjusted EBITDABeat$51.52 mln$42.20 mln (2 Analysts)
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell" The average consensus recommendation for the personal products peer group is "buy" Wall Street's median 12-month price target for Matthews International Corp is $37.00, about 32.9% above its November 19 closing price of $24.84 The stock recently traded at 24 times the next 12-month earnings vs. a P/E of 29 three months ago Press Release: ID:nPn159JlRa For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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