METHODE ELECTRONICS INC

METHODE ELECTRONICS INC is a global supplier of custom engineered solutions. The company designs, engineers, and produces mechatronic products for Original Equipment Manufacturers (OEMs). These products utilize technologies for user interface, light-emitting diode (LED) lighting systems, power distribution, and sensor applications. Methode's solutions are used in transportation (automotive, commercial vehicle, e-bike, aerospace, bus, and rail), cloud computing infrastructure, construction equipment, and consumer appliance end markets. The company has sales, engineering, and manufacturing locations across North America, Europe, the Middle East, and Asia. The company's fiscal year ends on the Saturday closest to April 30. The fiscal year ended May 3, 2025, was a 53-week fiscal year. Fiscal 2024 ended on April 27, 2024, and fiscal 2023 ended on April 29, 2023, both representing 52 weeks of results. METHODE ELECTRONICS INC manages and reports its financial results through three operating segments: Automotive, Industrial, and Interface. A fourth segment, Medical, was reported through fiscal 2024. The Automotive segment provides electronic and electro-mechanical devices and related products to automobile OEMs, either directly or through tiered suppliers. Products include integrated overhead and center consoles, hidden and ergonomic switches, transmission lead-frames, insert molded components, LED-based lighting, and sensors that use magneto-elastic and other sensing technologies to monitor component or system operation. The Industrial segment produces exterior and interior lighting solutions, industrial safety radio remote controls, braided flexible cables, current-carrying laminated busbars and devices, custom power-product assemblies like PowerRail®, high-current high-voltage flexible power cabling systems, and powder-coated busbars. These are used in markets such as aerospace, commercial vehicles, data centers, industrial equipment, military, power conversion, telecommunications, and transportation.