MATTHEWS INTERNATIONAL (MATW) Company Report

Analyst Earnings Quarterly Reports

Earnings summaries and quarterly performance for MATTHEWS INTERNATIONAL.

Analyst Coverage

Research analysts who have asked questions during MATTHEWS INTERNATIONAL earnings calls.

Colin Rusch

Oppenheimer & Co. Inc.

8 questions for MATW

Also covers: AEVA, ALB, AMPX +24 more

Justin Bergner

Gabelli Funds

8 questions for MATW

Also covers: AP, FSTR, GATX +1 more

Liam Burke

B. Riley Financial

6 questions for MATW

Also covers: ALTG, BWMN, CCEC +22 more

Dan Moore

B. Riley Securities

4 questions for MATW

Also covers: CHB, CVCO, CVLG +19 more

Daniel Moore

CJS Securities, Inc.

2 questions for MATW

Also covers: BOWL, CHB, CVCO +18 more

Peter Lukas

CJS Securities

2 questions for MATW

Also covers: ACVA, BWXT, CENT +5 more

Ethan Kalis

Bank of America

1 question for MATW

Stephen Percoco

Lark Research

1 question for MATW

Latest news

Recent press releases and 8-K filings for MATW.

Matthews International Reaches Agreement with Barington Capital

MATW

Board Change

Legal Proceedings

Proxy Vote Outcomes

Matthews International Corporation (MATW) reached an agreement with Barington Capital and its affiliates on January 15, 2026, resolving a potential proxy contest.
Under the agreement, Barington Capital will withdraw its proposed director nominations for the 2026 annual meeting of shareholders.
The Barington Parties have committed to vote their beneficially owned shares in accordance with the Board's recommendations on all proposals, with certain exceptions, from the agreement date through the Company's 2028 annual meeting of shareholders.
The agreement also includes standstill provisions and other restrictions on the Barington Parties, and MATW will make a one-time lump sum payment to reimburse Barington Equity for certain fees and expenses.

1 day ago

8-K

Matthews International Reaches Agreement with Barington Capital

MATW

Board Change

Proxy Vote Outcomes

Matthews International Corporation has reached an agreement with Barington Capital, resulting in Barington's withdrawal of its previously submitted director nominations.
The agreement follows engagement between the parties on topics including Matthews' ongoing strategic review and corporate governance enhancements.
Matthews' President and CEO, Joseph C. Bartolacci, noted that the company has taken decisive steps over the past 12 months to simplify its business mix, strengthen its balance sheet, and enhance its board composition and corporate governance.
Barington's Chairman, President and CEO, James A. Mitarotonda, stated that Matthews' continuing strategic review, value creation plan, and corporate governance changes are critical for achieving greater near- and long-term value for all shareholders.

1 day ago

Press Release

Matthews International Announces Redemption of Senior Secured Second Lien Notes

MATW

Debt Issuance

Matthews International Corporation issued a notice of redemption for all of its outstanding $300,000,000 aggregate principal amount of 8.625% Senior Secured Second Lien Notes due 2027.
The redemption date for these Notes is January 22, 2026.
The redemption price is 104.313% of the principal amount, plus accrued and unpaid interest.

4 days ago

8-K

Matthews International announces redemption of 8.625% Senior Secured Second Lien Notes

MATW

Matthews International Corporation announced a notice of redemption for all of its outstanding 8.625% Senior Secured Second Lien Notes due 2027.
The aggregate principal amount of the Notes is $300,000,000.
The redemption date is January 22, 2026, with a redemption price of 104.313% of the principal amount, plus accrued and unpaid interest.

4 days ago

Press Release

MATW Closes Sales of European Packaging and Tooling Businesses

MATW

M&A

Debt Issuance

Matthews International Corporation (MATW) closed the sales of its European roto-gravure packaging and tooling businesses on January 7, 2026.
The total consideration for these sales was $41 million, comprising $22 million in cash, $12 million in assumed debt and pension liabilities, and $7 million in seller financing.
$18 million of the cash proceeds were received at closing, with the remaining $4 million due within six months.
The company announced that all cash proceeds will be immediately applied to debt reduction upon receipt.
The divested businesses had annual sales approximating $100 million and approximately break-even Adjusted EBITDA for each of the past two fiscal years.

Jan 7, 2026, 9:25 PM

8-K

Matthews International Closes Sale of European Packaging and Tooling Businesses

MATW

M&A

Debt Issuance

Matthews International Corporation has closed the sale of its European roto-gravure packaging and tooling businesses.
The total consideration for the sale is $41 million, which includes $22 million in cash, $12 million in assumed debt and pension liabilities, and $7 million in seller financing.
$18 million of the cash proceeds were received at closing, with the remaining $4 million due within six months.
These divested businesses generated approximately $100 million in sales annually for the past two fiscal years, with an Adjusted EBITDA that was approximately break-even.
All cash proceeds from the sale will be immediately applied to debt reduction.

Jan 7, 2026, 9:15 PM

Press Release

Matthews International Completes Sale of Warehouse Automation Business

MATW

M&A

Matthews International Corporation completed the sale of its Warehouse Automation business to Duravant, LLC on December 31, 2025.
The company received $232.1 million in total consideration, which included $225.4 million in cash and the assumption of certain liabilities.
The divested Warehouse Automation business generated $72 million in sales during fiscal 2025.
The proceeds from the transaction, net of taxes and transaction costs, will be used to significantly reduce outstanding debt.

Dec 31, 2025, 5:55 PM

8-K

Matthews International Closes Sale of Warehouse Automation Business

MATW

M&A

Debt Issuance

Matthews International Corporation (MATW) successfully closed the sale of its Warehouse Automation business to Duravant, LLC.
The company received $232.1 million in total consideration, which included $225.4 million in cash.
The divested Warehouse Automation business generated $72 million in sales in fiscal 2025.
Proceeds from the transaction will be used to significantly reduce outstanding debt, supporting the company's long-term net leverage ratio goal of 2.5x.

Dec 31, 2025, 3:28 PM

Press Release

Matthews International Updates on Strategic Divestitures, Debt Reduction, and Upcoming Proxy Contest

MATW

M&A

Dividends

Proxy Vote Outcomes

Matthews International completed the sale of its SGK Brand Solutions business in May 2025, realizing $350 million in upfront consideration and a 40% stake in Propelis, and announced the sale of its Warehouse Solutions business in November 2025 for $230 million.
These divestitures are expected to generate significant cash proceeds to reduce debt towards a 2.5x net leverage ratio goal. The company also reduced total debt by $65.6 million during the fiscal year, returned over $12 million through share repurchases, and $32 million in dividends, increasing the quarterly dividend to $0.255 per share.
The company confirmed receipt of another notice of director nominations from Barington Capital L.P. for the 2026 Annual Meeting, less than a year after Barington's unsuccessful proxy contest at the 2025 annual meeting.
Matthews' shareholder proposals for the 2026 Annual Meeting will include board declassification and the adoption of majority voting.

Dec 7, 2025, 11:02 PM

Press Release

Matthews International Reports Q4 2025 Results, Announces Major Divestiture and 2026 Guidance

MATW

Earnings

M&A

Guidance Update

Matthews International reported a net loss of $27.5 million, or $0.88 per share, for the fiscal 2025 fourth quarter, with consolidated sales of $319 million, primarily reflecting the divestiture of the SGK business.
The company announced an agreement to sell its warehouse automation unit for $230 million, with $160 million expected to be applied to debt reduction, aiming to significantly strengthen its balance sheet. Net debt at September 30, 2025, was $678 million, with a net leverage ratio of 3.6.
For fiscal 2026, Matthews International expects adjusted EBITDA guidance to be at least $180 million, inclusive of its 40% interest in Propelus.
The company also announced the retirement of Chief Financial Officer Steve Nicola, with Dan Stopar becoming the incoming CFO beginning December 1. Additionally, the quarterly dividend was increased to $0.2505 per share.