MATW

Over the past six months, Matthews’s stock price fell to $21.11. Shareholders have lost 19.3% of their capital, which is disappointing considering the S&P 500 has climbed by 11.7%. This was partly due to its softer quarterly results and might have investors contemplating their next move. Is now the time to buy Matthews, or should you be careful about including it in your portfolio? Dive into our full research report to see our analyst team’s opinion, it’s free. Despite the more favorable entry price, we don’t have much confidence in Matthews. Here are three reasons we avoid MATW, plus one stock we’d rather own. A company’s long-term performance is an indicator of its overall quality. Any business can experience short-term success, but top-performing ones enjoy sustained growth for years. Matthews struggled to consistently generate demand over the last five years as its sales dropped at a 7.4% annual rate. This was below our standards and is a sign of poor business quality. If you’ve followed StockStory for a while, you know we emphasize free cash flow. Why, you ask? We believe that in the end, cash is king, and you can’t use accounting profits to pay the bills. Over the last two years, Matthews’s demanding reinvestments to stay relevant have drained its resources, putting it in a pinch and limiting its ability to return capital to investors. Its free cash flow margin averaged negative 4.3%, meaning it lit $4.33 of cash on fire for every $100 in revenue. ROIC, or return on invested capital, is a metric showing how much operating profit a company generates relative to the money it has raised (debt and equity). Over the last few years, Matthews’s ROIC has unfortunately decreased. Paired with its already low returns, these declines suggest its profitable growth opportunities are few and far between. We cheer for all companies serving everyday consumers, but in the case of Matthews, we’ll be cheering from the sidelines. After the recent drawdown, the stock trades at 26.5× forward P/E (or $21.11 per share). This valuation multiple is fair, but we don’t have much confidence in the company. There are better investments elsewhere. Let us point you toward our favorite semiconductor picks and shovels play. WHILE YOU’RE HERE: Top 9 Market-Beating Stocks. The best stocks don’t just beat the market once. They do it again. And again. Robust revenue growth, rising free cash flow, returns on capital that leave their competition in the dust. The market has already rewarded these businesses. But our AI platform says the party isn’t over. Find out which 9 stocks made the cut this week — FREE. Get Our Top 9 Market-Beating Stocks for Free HERE. Stocks that have made our list include now familiar names such as Nvidia (+1,460% between June 2020 and June 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+271% between June 2020 and June 2025). Find your next big winner with StockStory today.

KING OF PRUSSIA, Pa., Aug. 13, 2026 (GLOBE NEWSWIRE) -- Nocopi Technologies, Inc. (“Nocopi Technologies” or the “Company”; OTCQB: NNUP) is pleased to report fiscal 2026 second quarter results. 2026 Second Quarter Highlights Net sales increased 167% to approximately $0.96 million in the fiscal 2026 second quarter, in part due to our acquisition of the Polymeric business described below, versus $0.36 million in the fiscal 2025 second quarter. Gross profit increased to $0.36 million in the fiscal 2026 second quarter versus $0.19 million in the prior year second quarter. Net income (loss) was ($0.47) million, or ($0.04) per share for the fiscal 2026 second quarter versus net income of ($0.06) million, or ($.01) per share for the fiscal 2025 second quarter. Net cash provided by operating activities for the six months ended June 30, 2026 was $0.3 million versus $0.46 million for the six months ended June 30, 2025 Cash and cash equivalents at the end of the second quarter of 2026 were $10.69 million with no debt outstanding Revenue and Gross ProfitFor the three months ended June 30, 2026, total revenues were $0.96 million representing 167% growth compared to $0.36 in the same period last year. Product and other sales increased to $0.9 million from $0.22 in Q2 2025, driven by higher ink shipments to authorized printers serving two of the Company's major entertainment and toy products licensees, as well incremental product revenue from the Polymeric acquisition closed during the quarter.The Company’s gross profit increased to approximately $0.36 million or 37% of gross revenues, for the three months ended June 30, 2026 from approximately $0.19 million or 53% of gross revenues in the fiscal 2025 second quarter. The decrease in gross profit margin was largely a shift in revenue mix from an increased amount of product sales relative to higher margin license, royalties and fee revenue. Total Operating Expenses Total operating expenses for the three months ended June 30, 2026 were $0.93 million, as compared $0.36 million for the three months ended June 30, 2025. The increase in second quarter operating expenses was primarily due to one-time charges in legal fees and consulting fees related to the acquisition in the quarter. Net IncomeThe Company reported a net loss of $0.47 million for Q2 2026, compared to a net loss of $0.06 million in the comparable 2025 period. Management Commentary During the quarter, the Company expanded existing operations with the acquisition of the business of the Polymeric Group, which we completed on May 18, 2026. Polymeric Group is a premier specialty ink and coatings manufacturer headquartered in Kansas City, Missouri. With over 30 years of continuous operation, the company has established itself as a trusted partner to a diversified customer base of long-tenured clients across screen printing, digital, and industrial coating segments. "Polymeric Group represents exactly the kind of meaningful acquisition we are continuously looking to execute at Nocopi Technologies. They have a deeply talented leadership team, a strong embedded culture, and loyal customer relationships that we're committed to preserving and building upon,” said Matthew C. Winger, Chairman. “We're highly focused on supporting their growth while maintaining the operational independence and entrepreneurial spirit that has made them successful. As we identify opportunities to expand the sale of products from our existing formula suite to new customers gained from the acquisition, as well as support other organic expansion, we're confident in delivering meaningful bottom-line results in the coming years." Following the closing of the Polymeric acquisition, Company management is working on executing a disciplined operational roadmap anchored on three principles consisting of organic growth in existing markets, cost efficiency through platform leverage, and improved working capital management, as well as selective incremental capital investment on high return on investment opportunities to drive the Company’s ability to generate meaningful free cash flow. Operational Additions to Leadership Team In support of the Company's expanded operational platform, management has added key executives to its leadership during the second quarter. These senior hires bring deep experience in manufacturing operations, supply chain optimization, and the financial integration of acquired businesses, capabilities essential to future execution of Nocopi's acquisition strategy at scale and represent the foundation for scaling the Company’s operations. Appointed earlier this year, Gregory S. Babe, Executive Director of Operations, brings over 40 years of leadership experience in global industrial conglomerates. His career is defined by a demonstrated ability to scale industrial technology companies and execute large-scale organizational integrations during high-growth phases. Earlier in his career, Mr. Babe served as Chief Executive Officer of Bayer Corporation, where he oversaw all North American activities of the worldwide Bayer Group, and as Chief Technology Officer of Matthews International (NASDAQ: MATW). Additionally, the Company recently appointed Beth Vasy, Vice President of Growth, who brings extensive strategic and operational expertise in the specialty ink and advanced materials sectors. Prior to joining Nocopi, Ms. Vasy served as Vice President of Operations at Liquid X Printed Metals, a functional ink and printed electronics pioneer. Ms. Vasy holds an MBA from the Tepper School of Business at Carnegie Mellon University. Together, these executives strengthen Nocopi's execution capability at a critical juncture. We believe Mr. Babe's proven track record scaling operations with discipline and Ms. Vasy's deep commercial expertise in specialty materials position the Company to accelerate integration activities, capture immediate market opportunities, and opportunistically pursue an expanded pipeline of acquisition targets as part of the Company’s growth strategy. Strong Balance Sheet Provides Execution Flexibility As of June 30, 2026, the Company had over $10.6 million in cash and equivalents with no debt outstanding, providing substantial flexibility for both operational growth and additional strategic acquisition opportunities. The Company's balance sheet remained robust, with working capital of $12.7 million and total stockholders' equity of $14.4 million. "Our financial position provides strategic flexibility," said Kevin C. Westenburg, President. "We remain very focused on optimizing our operations to maximize cash flow for our shareholders. It is our objective to achieve platform integration opportunities, high levels of customer service and product quality, as well as overall platform cost efficiencies, with the next 12- and 24-months as our targeted execution timeframe.” Strategic M&A Approach Beyond Polymeric, management continues to actively evaluate additional acquisition opportunities as the second pillar of a multi-faceted growth approach. The core of the acquisition strategy revolves around identifying niche and durable, market-leadership businesses in specialty materials. Management is targeting high quality, established companies that have earned defensible competitive positions, loyal customer relationships, and exceptional teams within their vertical markets. "We have a disciplined expansion playbook focused on acquiring durable market leaders in niche specialty materials. Our initial acquisition broadened our capabilities and expanded our footprint in a manner highly complementary to our existing operations. As we pursue additional pipeline opportunities, we remain steadfast in acquiring scalable, high-margin businesses that accelerate the Company’s free cash flow generation and drive compounding long-term shareholder value,” added Winger. About Nocopi Technologies (www.nocopi.com)Nocopi Technologies, headquartered in King of Prussia, PA, develops and markets specialty inks and licenses these technologies. Nocopi Technologies’ ink technologies are backed by proprietary and patented technology and are marketed for use across a variety of end markets. Safe Harbor for Forward-Looking Statements The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may address, among other things, the Company’s prospects, plans, business strategy and expected financial and operational results, including with respect to the preliminary financial information and the acquisition described above. In some cases, you can identify these statements by forward-looking words such as “anticipate,” “estimate,” “plan,” “project,” “continuing,” “ongoing,” “expect,” “believe,” “intend,” “may,” “might,” “should,” “will,” “could,” “predicts,” “potential” or “continue,” the negative of these terms and other comparable terminology. These statements are based on certain assumptions that the Company has made in light of its experience in its industry as well as its perceptions of historical trends, current conditions, expected future developments and other factors that the Company believes are appropriate in these circumstances. These forward-looking statements reflect the Company’s current expectations and beliefs regarding future developments and their potential effect on the Company. You should not rely on forward-looking statements because the Company’s actual results may differ materially from those indicated by forward-looking statements as a result of a number of important factors. These factors include, but are not limited to: the Company’s ability to successfully integrate the acquisition and to achieve the benefits it expects to realize as a result of the acquisition; the potential adverse impact on the Company’s financial condition and results of operations if it does not realize those expected benefits; liabilities of the acquisition that are not known to the Company; the extent to which the Company is successful in gaining new long-term relationships with customers or retaining significant existing customers and the level of service failures that could lead customers to use competitors’ services; the Company’s ability to improve its current credit rating with its vendors and the impact on its raw materials and other costs and competitive position of doing so; the impact of losing the Company’s intellectual property protections or the loss in value of its intellectual property; changes in customer demand; the occurrence of hostilities, political instability or catastrophic events; developments and changes in laws and regulations, including increased regulation of the Company’s industry through legislative action and revised rules and standards; security breaches, cybersecurity attacks and other significant disruptions in the Company’s information technology systems; general economic and business conditions; the impact of competition and technological change; the Company’s ability to comply with the rules and regulations of the Securities and Exchange Commission (the “SEC”); and those other risks and uncertainties discussed in the reports the Company has filed with the SEC, including the Company’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Forward-looking statements speak only as of the date they are made. Although the Company believes the expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee future results, levels of activity, performance or achievements. Moreover, neither the Company nor any other person assumes responsibility for the accuracy or completeness of any of these forward-looking statements. The Company undertakes no obligation to update any of these forward-looking statements after the date of this report to conform them to actual results or revised expectations, except as required by law. Investor & Media [email protected]

Interested in Matthews International Corporation? Here are five stocks we like better. Matthews International reported a sharp deterioration in earnings: fiscal Q3 net loss was $23.7 million, or $0.75 per share, versus $15.4 million in net income a year earlier. The company cut fiscal 2026 adjusted EBITDA guidance to $158 million–$162 million due to engineering delays, tariffs, geopolitical pressures and slower Propelis synergies. Industrial Technologies weakened significantly as delayed engineering orders and battery-market overcapacity drove the segment to a $5.4 million adjusted EBITDA loss. Matthews is pursuing cost reductions of about $10 million annually in its European engineering operations and evaluating strategic alternatives. Debt reduction continued despite operating pressure: gross debt fell by $144 million from fiscal year-end to $567 million, aided by divestiture proceeds and $25 million in Propelis preferred-equity returns. Management expects to market Propelis for sale within the next 12 months after reaching its targeted $130 million annualized EBITDA run rate. MarketBeat ‘Stock of the Week’: Driven Brands has road to recovery Matthews International (NASDAQ:MATW) reported a fiscal 2026 third-quarter net loss of $23.7 million, or $0.75 per share, compared with net income of $15.4 million, or $0.49 per share, in the prior-year quarter, as delays in engineering orders, higher input costs and slower-than-expected synergy capture at Propelis weighed on results. Chief Executive Officer Joe Bartolacci described the period as a difficult quarter, saying all four risks the company had previously identified—engineering order timing, tariffs, Propelis synergies and geopolitical economic effects—affected results negatively. The company reduced its fiscal 2026 adjusted EBITDA guidance to a range of $158 million to $162 million, including its estimated 40% share of Propelis adjusted EBITDA. → Meta’s Earnings Drop Shows Wall Street Wants More Than Ad Growth Consolidated sales declined to $246 million from $349 million a year earlier, largely reflecting divestitures of the SGK business, European packaging and tooling operations, and warehouse automation operations. Those divestitures reduced current-quarter sales by about $85 million, according to Chief Financial Officer Daniel Stopar. Consolidated adjusted EBITDA was $35 million, down from $44.6 million a year earlier. On an adjusted basis, Matthews reported net income of $1.9 million, or $0.06 per share, compared with $9.2 million, or $0.28 per share, in the prior-year period. → 4 Oil and Gas ETF Plays as Prices Stay Sky-High Industrial Technologies sales fell to $38 million from $87.9 million a year ago, primarily because of the December 2025 divestiture of tooling and warehouse automation businesses. Segment adjusted EBITDA was a loss of $5.4 million, compared with a $9 million profit a year earlier, reflecting lower engineering sales and the warehouse automation divestiture. Bartolacci said the company’s energy-storage operations continued to face delays caused by battery-production overcapacity across the industry. He also said the company won one anticipated coating-and-converting order at OLBRICH, but the customer modified the project scope shortly after the early-June award, limiting revenue recognition this fiscal year. Matthews was also notified in June that it had lost two expected orders, while other prospective orders are now expected in September. → Sandisk Just Delivered a Blowout Quarter—Here's Why the Stock Is Falling In response, the company has initiated actions intended to reduce the annual cost base of its European engineering operations by $10 million. Bartolacci said the impact will not be immediate because of German labor regulations and union negotiation rights. Matthews is also evaluating strategic alternatives for the business through the fourth quarter. Stopar said engineering operations accounted for $14 million of Industrial Technologies revenue in the quarter, while product identification contributed approximately $24 million. Product identification sales increased about 5% year over year. Matthews is commissioning a mass-production machine for its dry battery electrode, or DBE, technology, with customer testing scheduled to begin in October. Bartolacci said interest from automotive original equipment manufacturers and battery suppliers has grown, and the company has received what he characterized as soft commitments from several customers to move forward in 2027 if mass-production scalability is demonstrated. The company is also qualifying DBE electrode products for potential ultracapacitor partners, though Bartolacci said the work remains at an early stage and Matthews is not setting a timeline for a partnership announcement. He said the liability phase of its arbitration with Tesla has been completed, with the outcome affirming what he called the limited scope of Tesla’s claims. Remaining phases include Tesla’s damages claim and Matthews’ counterclaims. Memorialization sales increased 2.1% to $208.1 million in the third quarter from $203.7 million a year earlier. The Dodge acquisition contributed approximately $4.4 million in sales. Adjusted EBITDA declined modestly to $42.2 million from $42.8 million, as higher labor, material and other input costs and lower volumes offset price realization, cost savings and Dodge’s contribution. Bartolacci said the segment faced lower casket and cemetery memorial volumes because estimated U.S. casketed death rates remained weak. He cited published data showing the overall U.S. death rate fell about 4.6% last year to its lowest recorded level on a per-capita basis. Input costs also continued to rise. Bartolacci said copper prices had increased from $4.50 per pound to $6.60 per pound, steel prices were up 21% year over year, and fuel costs exceeded the company’s prior expectations. While Matthews has raised prices and expects to take further actions later in the calendar year, he said fixed contracts and the pace of commodity increases have limited the company’s ability to fully recover costs. The company continues to target approximately $175 million in full-year adjusted EBITDA for Memorialization, which would represent a record for the segment. Management expects seasonally stronger cemetery and bronze demand in the fourth quarter to help mitigate input-cost pressures. Matthews said delays in realizing expected Propelis synergies created an estimated $5 million shortfall versus its full-year forecast. The delay resulted from an SAP implementation project that has taken longer than expected, though management said the expected total synergies remain unchanged. The company still expects Propelis to exit calendar 2026 at an annualized EBITDA run rate of approximately $130 million. Matthews expects to begin marketing the investment for sale within the next 12 months once that target is reached, with the eventual sale expected to generate cash for debt reduction. In product identification, Bartolacci said commercial placements of the company’s Axion printhead product are continuing and beta customers are converting to paying customers. Matthews also announced a strategic partnership with Linx Printing Technologies to broaden access to each company’s product portfolios in key markets, including consumer packaged goods customers in the United Kingdom and France. Cash used in operating activities during the first nine months of fiscal 2026 was $69.5 million, compared with $33.9 million a year earlier. Outstanding debt stood at $567 million at June 30, while net debt was $530 million. Gross debt declined by $144 million since the end of fiscal 2025, supported by divestiture proceeds and a $28 million redemption of a portion of Matthews’ preferred ownership in Propelis. The company also received $25 million in preferred-equity returns from Propelis during the quarter, which it used primarily to reduce debt. Matthews declared a quarterly dividend of $0.255 per share, payable Aug. 24 to shareholders of record on Aug. 10. Bartolacci reiterated that he intends to retire once a successor is hired. He said the board has begun the search process and that he will remain engaged in his role until a replacement is identified. Matthews International Corporation (NASDAQ:MATW) is a diversified industrial company headquartered in Pittsburgh, Pennsylvania. The company operates through two primary business segments—Brand Solutions and Memorialization—offering a broad range of products and services designed to meet the needs of industrial manufacturers, brand marketers and the funeral industry worldwide. In its Brand Solutions segment, Matthews International provides engraving and digital printing systems, automated finishing equipment, thermal management products and electronics assembly solutions. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "Matthews International Q3 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for August 2026.

Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Performance was negatively impacted by a 'perfect storm' of four identified risks: engineering order timing, federal tariff discussions, Propelis synergy delays, and geopolitical challenges. The engineering segment faced significant headwinds due to industry-wide battery production overcapacity, leading to project delays that are expected to persist through the fiscal year-end. Memorialization results were pressured by a record 4.6% decline in the U.S. death rate, the largest annual drop as a share of the population, which management characterized as an industry-wide phenomenon. Margin compression in Memorialization was driven by escalating input costs, specifically copper rising from $4.50 to $6.60 per pound and a 21% year-over-year increase in steel prices. Management initiated a $10 million annual cost reduction program in European engineering operations, though immediate impact is limited by German labor regulations and ongoing strategic alternative evaluations. The company is pivoting toward a partnership-heavy model to commercialize high-value technologies, exemplified by a new strategic partnership with Linx Printing Technologies for product identification. The long-term thesis for Dry Battery Electrode (DBE) technology was reinforced by the conclusion of the Tesla arbitration liability phase, which affirmed the limited scope of misappropriation claims. Full-year adjusted EBITDA guidance was reduced to a range of $158 million to $162 million, reflecting the cumulative impact of engineering delays and sustained Memorialization headwinds. Management expects a significant ramp in DBE revenue by the second half of 2027, driven by automotive OEMs concluding they must own battery manufacturing to remain competitive. The marketing process for the sale of Propelis is expected to commence within the next 12 months, contingent on the business reaching a $130 million annualized EBITDA run rate. Fiscal 2027 planning includes an additional $5 million in corporate cost reductions following the expiration of transition services agreements related to recent divestitures. Guidance for the fourth quarter assumes seasonal strength in cemetery products will partially mitigate ongoing volatility in commodity prices and labor costs. The company is evaluating strategic alternatives for its OLBRICH coating and converting business, a process expected to continue through the fourth quarter. A $5 million shortfall in full-year forecasts was attributed to delays in the SAP implementation at Propelis, though total synergy targets remain unchanged. The company redeemed $300 million of senior secured notes during the period, contributing to a net debt reduction of $144 million when combined with divestiture proceeds and a $28 million preferred equity redemption from Propelis. CEO Joseph Bartolacci announced his intention to retire once a successor is identified, with the Board having already commenced the search process. One stock. Nvidia-level potential. 30M+ investors trust Moby to find it first. Get the pick. Tap here. Management has received 'soft commitments' from several battery and auto customers for mass production scale testing starting in October. Success in these upcoming mass production tests is expected to lead to firm orders for 2027 deployment. Management believes they are 'largely past' the litigation hang-up following favorable rulings on trade secret claims. One significant non-DBE order was lost recently because the customer feared potential entanglement in Tesla-related legal disputes despite the project's unrelated nature. The company typically follows industry leader Batesville's September price increases to adjust for rising commodity costs. Management is cautious about aggressive pricing to avoid a 'mix shift' where consumers move from premium to lower-priced caskets. Scaling is currently limited by silicon chip supply from third-party fabs, but capacity is expected to ramp up. The partnership with Linx provides a bilateral benefit, giving Matthews access to Linx products in North America while expanding Axian's reach in Europe.

Matthews International (MATW) came out with quarterly earnings of $0.06 per share, missing the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.28 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -85.37%. A quarter ago, it was expected that this global provider of industrial technologies, memorialization products and brand solutions would post earnings of $0.17 per share when it actually produced earnings of $0.37, delivering a surprise of +117.65%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Matthews International, which belongs to the Zacks Funeral Services industry, posted revenues of $246.02 million for the quarter ended June 2026, missing the Zacks Consensus Estimate by 7%. This compares to year-ago revenues of $349.38 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Matthews International shares have added about 5.2% since the beginning of the year versus the S&P 500's gain of 12.8%. While Matthews International has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Matthews International was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.50 on $271.45 million in revenues for the coming quarter and $1.09 on $1.08 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Funeral Services is currently in the top 21% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the broader Zacks Consumer Staples sector, Smucker (SJM), is yet to report results for the quarter ended July 2026. The results are expected to be released on August 26. This food maker is expected to post quarterly earnings of $2.18 per share in its upcoming report, which represents a year-over-year change of +14.7%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Smucker's revenues are expected to be $2.09 billion, down 1.1% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Matthews International Corporation (MATW) : Free Stock Analysis Report The J. M. Smucker Company (SJM) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Fiscal 2026 Third Quarter and Year-to-Date Financial Highlights: Memorialization reports higher sales for Q3 and the nine months ended June 30, 2026 compared to last year Product Identification sales grew 5% in Q3 compared to last year $25 million cash received in Q3 for the redemption of preferred equity interest in Propelis Debt was reduced by $12 million during Q3 and $144 million during fiscal 2026 Restructuring actions announced in the Engineering business that will deliver $10 million annualized savings The Company issues revised earnings outlook for fiscal 2026 Webcast: Friday, August 7, 2026, 9:00 a.m., 785-838-9251 PITTSBURGH, Aug. 6, 2026 /PRNewswire/ -- Matthews International Corporation (NASDAQ GSM: MATW) today announced financial results for its third quarter of fiscal 2026. In discussing the results for the Company's fiscal 2026 third quarter, Joseph C. Bartolacci, President and Chief Executive Officer, stated: "The fiscal 2026 third quarter was a challenging quarter for us across all business segments. We continue to experience delays in the energy storage solutions business which are expected to extend through the balance of the fiscal year. Despite winning a significant new coating & converting order this quarter, the project has not contributed significantly to our financial results as of yet. In response to these challenges, we have taken difficult but necessary action to reduce the cost base of this business by $10 million annually. Additionally, our flagship Memorialization businesses continue to experience headwinds in terms of lower volumes combined with input costs escalating beyond inflationary price increases. Lastly, while the anticipated synergy benefits at The Propelis Group ("Propelis") are now beginning to scale, our expectations of the timing to realize those synergies has not been achieved, resulting in an estimated $5 million shortfall to our full year forecast. Due to these combination of factors, we are reducing our previous earnings guidance for adjusted EBITDA to be in the range of $158 million to $162 million (which includes our estimated 40% share of Propelis adjusted EBITDA) for fiscal 2026." "Despite the near-term challenges for the remainder of this fiscal year, we remain focused on driving shareholder value, including properly aligning our cost structure with the future state of our operations. Our GAAP earnings continue to be impacted by the costs associated with these efforts, however our corporate and other non-operating costs have yielded savings compared to last year, positively impacting our margins. We continue to execute on further cost reductions to scale our structure as post-divestiture support obligations are expected to expire over the balance of the calendar year." "Sales for the Memorialization segment for the fiscal 2026 third quarter were higher than a year ago primarily reflecting the recent acquisition of The Dodge Company. This acquisition continues to be nicely accretive to earnings as we leverage the benefits of our Memorialization commercial platform and have already realized the majority of targeted cost synergies. Sales volumes of caskets and cemetery memorials continued to be a headwind in the quarter due to lower estimated U.S. casketed deaths, which was compounded by escalating input costs. Inflationary price realization only partially offset the impact of these factors on our profitability for the quarter." "The Industrial Technologies segment reported a decline in sales for the fiscal 2026 third quarter. The decrease mainly resulted from the divestiture of the warehouse automation business during the fiscal first quarter of 2026 and challenges in our engineering business, including the impacts of the ongoing Tesla dispute. During the third quarter, we initiated a restructuring program in our European engineering operations that will yield $10 million annual cost savings. We expect the total cost to achieve related to this restructuring to be approximately $10 million, of which approximately $5 million impacted third quarter results. Despite these difficult actions, we continue to focus on the long-term potential of dry electrode battery manufacturing as evidenced by launching MEODEO™, a next-generation, full-scale mass production demonstration line for dry-electrode battery manufacturing at our development center in Vreden, Germany. This facility offers our customers expanded testing capabilities from laboratory scale up to industrial gigafactory production. Our Product Identification business continues to receive significant customer interest in the MPERIA® Axian Inkjet (XIJ) systems and we are pleased to announce a strategic partnership with Linx Printing Technologies designed to broaden customer access to each company's product portfolio in key markets, opening the opportunity for our products to reach consumer packaged goods customers in the UK and France. "Results for Propelis have shown considerable margin improvement from the first calendar quarter to the second. The joint venture remains on track to deliver a significant portion of the estimated $60 million of identified synergy opportunities over the coming quarters. Additionally, Propelis redeemed a portion of their shareholders' interests in the third quarter, which provided $25 million of cash to Matthews that was used primarily to bring down our debt balance." "Over the last two years, the Board, with the support of J.P. Morgan, identified several alternatives for evaluation and consideration toward improving shareholder value and better alignment with the underlying value of the organization. The divestitures of SGK in 2025, and the warehouse automation and European packaging businesses in the first quarter of 2026 are all outcomes of this effort to simplify Matthews' business structure and enhance shareholder value. The Company's strategic alternatives review remains ongoing with a heavy focus on developing strategic partnerships for our Industrial Technologies businesses." Divestiture of the SGK Business The fiscal 2025 consolidated financial information presented in this release reflects the financial results of the SGK business through the closing date. As a result of the integration process of Propelis and transition to its stand-alone reporting systems, our 40% portion of the financial results of Propelis is reported on a one-quarter lag. Consequently, for the three months ended June 30, 2026, the Company's portion of earnings (losses) for its equity-method investment in Propelis includes the months from January 2026 through March 2026. For the nine months ended June 30, 2026, the Company's portion of earnings (losses) for its equity-method investment in Propelis includes the months from July 2025 through March 2026. The Company's consolidated adjusted EBITDA for the fiscal third quarter of 2026 includes approximately a $10.0 million adjusted EBITDA contribution from Propelis. Based on preliminary estimates of adjusted EBITDA provided by Propelis for the quarter ended June 30, 2026, our 40% portion of their adjusted EBITDA would be $12.7 million. The Company's consolidated adjusted EBITDA for the fiscal nine months ended June 30, 2026 includes a $32.4 million adjusted EBITDA contribution from Propelis. Based on preliminary financial estimates of adjusted EBITDA provided by Propelis for the period October 1, 2025 through June 30, 2026, our 40% portion of their adjusted EBITDA would be $32.2 million. Please note that these projections are unaudited and subject to review and, as a result, may change. Webcast The Company will host a conference call and webcast on Friday, August 7, 2026 at 9:00 a.m. Eastern Time to review its financial and operating results and discuss its corporate strategies and outlook. A question-and-answer session will follow. The conference call can be accessed by dialing (785)-838-9251, Conference ID: Matthews. The audio webcast can be monitored at www.matw.com. As soon as available after the call, a transcript of the call will be posted on the Investor Relations section of the Company's website at www.matw.com. About Matthews International Corporation Matthews International Corporation operates through two core global businesses – Industrial Technologies and Memorialization. Both are focused on driving operational efficiency and long-term growth through continuous innovation and strategic expansion. The Industrial Technologies segment evolved from our original marking business, which today is a leading global innovator committed to empowering visionaries to transform industries through the application of precision technologies and intelligent processes. The Memorialization segment is a leading provider of memorialization products, including memorials, caskets and cremation and incineration equipment, primarily to cemetery and funeral home customers that help families move from grief to remembrance. In addition, the Company also has a significant investment in Propelis, a brand solutions business formed through the merger of SGK and SGS & Co. Propelis delivers integrated solutions including brand creative, packaging, print solutions, branded environments, and content production. Matthews International has over 4,300 employees in 15 countries on four continents that are committed to delivering the highest quality products and services. Forward-looking Information Any forward-looking statements contained in this release are included pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements regarding the expectations, hopes, beliefs, intentions or strategies of the Company regarding the future, and may be identified by the use of words such as "expects," "believes," "intends," "projects," "anticipates," "estimates," "plans," "seeks," "forecasts," "predicts," "objective," "targets," "potential," "outlook," "may," "will," "could" or the negative of these terms, other comparable terminology and variations thereof. Such forward-looking statements involve known and unknown risks and uncertainties that may cause the Company's actual results in future periods to be materially different from management's expectations, and no assurance can be given that such expectations will prove correct. Factors that could cause the Company's results to differ materially from the results discussed in such forward-looking statements principally include risks to our ability to achieve the anticipated benefits of the joint venture transaction with Peninsula Parent LLC, d.b.a. Propelis Group ("Propelis"), changes in domestic or international economic conditions, changes in foreign currency exchange rates, changes in interest rates, changes in the cost of materials used in the manufacture of the Company's products, including changes in costs due to adjustments to tariffs or supply chain disruptions, any impairment of goodwill or intangible assets, environmental liability and limitations on the Company's operations due to environmental laws and regulations, disruptions to certain services, such as telecommunications, network server maintenance, cloud computing or transaction processing services, provided to the Company by third-parties, changes in mortality and cremation rates, changes in product demand or pricing as a result of consolidation in the industries in which the Company operates, or other factors such as labor shortages or labor cost increases, changes in product demand or pricing as a result of domestic or international competitive pressures, ability to achieve cost-reduction objectives, unknown risks in connection with the Company's acquisitions, divestitures, and business combinations, cybersecurity concerns and costs arising with management of cybersecurity threats, effectiveness of the Company's internal controls, compliance with domestic and foreign laws and regulations, technological factors beyond the Company's control, impact of pandemics or similar outbreaks, or other disruptions to our industries, customers, or supply chains, the impact of global conflicts, such as the current war between Russia and Ukraine and hostilities in the Middle East, and conflicts and related sanctions or trade restrictions involving Venezuela, the Company's plans and expectations with respect to its exploration, and contemplated execution, of various strategies with respect to its portfolio of businesses, the Company's plans and expectations with respect to its Board of Directors, and other factors described in the Company's Annual Report on Form 10-K and other periodic filings with the U.S. Securities and Exchange Commission. Reconciliations of Non-GAAP Financial Measures Included in this report are measures of financial performance that are not defined by GAAP, including, without limitation, adjusted EBITDA, adjusted net income and EPS, constant currency sales, constant currency adjusted EBITDA, net debt and net debt leverage ratio. The Company defines net debt leverage ratio as outstanding debt (net of cash) relative to adjusted EBITDA. The Company uses non-GAAP financial measures to assist in comparing its performance on a consistent basis for purposes of business decision-making by removing the impact of certain items that management believes do not directly reflect the Company's core operations including acquisition and divestiture costs, ERP system integration costs, strategic initiative and other charges (which includes non-recurring charges related to certain commercial and operational initiatives and exit activities), stock-based compensation and the non-service portion of pension and postretirement expense. Constant currency sales and constant currency adjusted EBITDA remove the impact of changes due to foreign exchange translation rates. To calculate sales and adjusted EBITDA on a constant currency basis, amounts for periods in the current fiscal year are translated into U.S. dollars using exchange rates applicable to the comparable periods of the prior fiscal year. Management believes that presenting non-GAAP financial measures is useful to investors because it (i) provides investors with meaningful supplemental information regarding financial performance by excluding certain items that management believes do not directly reflect the Company's core operations, (ii) permits investors to view performance using the same tools that management uses to budget, forecast, make operating and strategic decisions, and evaluate historical performance, and (iii) otherwise provides supplemental information that may be useful to investors in evaluating the Company's results. The Company's calculations of its non-GAAP financial measures, however, may not be comparable to similarly titled measures reported by other companies. The Company believes that the presentation of these non-GAAP financial measures, when considered together with the corresponding GAAP financial measures and the reconciliations to those measures, provided herein, provide investors with an additional understanding of the factors and trends affecting the Company's business that could not be obtained absent these disclosures. View original content to download multimedia:https://www.prnewswire.com/news-releases/matthews-international-reports-results-for-fiscal-2026-third-quarter-302845417.html

PITTSBURGH, July 29, 2026 /PRNewswire/ -- Matthews International Corporation (NASDAQ GSM: MATW) announced that its Board of Directors declared, at its regularly scheduled meeting today, a dividend of $0.255 per share on the Company's common stock. The dividend is payable August 24, 2026 to stockholders of record August 10, 2026. About Matthews International CorporationMatthews International Corporation operates through two core global businesses – Industrial Technologies and Memorialization. Both are focused on driving operational efficiency and long-term growth through continuous innovation and strategic expansion. The Industrial Technologies segment evolved from our original marking business, which today is a leading global innovator committed to empowering visionaries to transform industries through the application of precision technologies and intelligent processes. The Memorialization segment is a leading provider of memorialization products, including memorials, caskets and cremation and incineration equipment, primarily to cemetery and funeral home customers that help families move from grief to remembrance. In addition, the Company also has a significant investment in Propelis, a brand solutions business formed through the merger of SGK and SGS & Co. Propelis delivers integrated solutions including brand creative, packaging, print solutions, branded environments, and content production. Matthews International has over 4,300 employees in 15 countries on four continents that are committed to delivering the highest quality products and services. Forward-looking InformationAny forward-looking statements contained in this release are included pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements regarding the expectations, hopes, beliefs, intentions or strategies of the Company regarding the future, and may be identified by the use of words such as "expects," "believes," "intends," "projects," "anticipates," "estimates," "plans," "seeks," "forecasts," "predicts," "objective," "targets," "potential," "outlook," "may," "will," "could" or the negative of these terms, other comparable terminology and variations thereof. Such forward-looking statements involve known and unknown risks and uncertainties that may cause the Company's actual results in future periods to be materially different from management's expectations, and no assurance can be given that such expectations will prove correct. Factors that could cause the Company's results to differ materially from the results discussed in such forward-looking statements principally include risks to our ability to achieve the anticipated benefits of the joint venture transaction with Peninsula Parent LLC, d.b.a. Propelis Group ("Propelis"), changes in domestic or international economic conditions, changes in foreign currency exchange rates, changes in interest rates, changes in the cost of materials used in the manufacture of the Company's products, including changes in costs due to adjustments to tariffs or supply chain disruptions, any impairment of goodwill or intangible assets, environmental liability and limitations on the Company's operations due to environmental laws and regulations, disruptions to certain services, such as telecommunications, network server maintenance, cloud computing or transaction processing services, provided to the Company by third-parties, changes in mortality and cremation rates, changes in product demand or pricing as a result of consolidation in the industries in which the Company operates, or other factors such as labor shortages or labor cost increases, changes in product demand or pricing as a result of domestic or international competitive pressures, ability to achieve cost-reduction objectives, unknown risks in connection with the Company's acquisitions, divestitures, and business combinations, cybersecurity concerns and costs arising with management of cybersecurity threats, effectiveness of the Company's internal controls, compliance with domestic and foreign laws and regulations, technological factors beyond the Company's control, impact of pandemics or similar outbreaks, or other disruptions to our industries, customers, or supply chains, the impact of global conflicts, such as the current war between Russia and Ukraine and hostilities in the Middle East, and conflicts and related sanctions or trade restrictions involving Venezuela, the Company's plans and expectations with respect to its exploration, and contemplated execution, of various strategies with respect to its portfolio of businesses, the Company's plans and expectations with respect to its Board of Directors, and other factors described in the Company's Annual Report on Form 10-K and other periodic filings with the U.S. Securities and Exchange Commission. Matthews International CorporationCorporate OfficeTwo NorthShore CenterPittsburgh, PA 15212-5851Phone: (412) 442-8200 View original content to download multimedia:https://www.prnewswire.com/news-releases/matthews-international-declares-quarterly-dividend-302838162.html

PITTSBURGH, July 17, 2026 /PRNewswire/ -- Matthews International Corporation (NasdaqGSM: MATW) today announced plans to release its third quarter fiscal year 2026 earnings results after the market closes on Thursday, August 6, 2026 The Company will host a conference call and webcast to review the financial and operating results for the period and discuss its outlook. Participating in the call will be Joseph C. Bartolacci, President and CEO and Daniel E. Stopar, Chief Financial Officer and Treasurer. A question-and-answer session will follow. Third Quarter 2026 Conference Call Friday, August 7, 20269:00 a.m. Eastern TimePhone: 785-838-9251Conference ID: MatthewsWebcast and accompanying slide presentation: WebcastRegister and add to your calendar: Register As soon as available after the call, a transcript of the call will be posted in the Investor Relations section of the Company's website: Investor Relations. About Matthews International Corporation Matthews International Corporation operates through two core global businesses – Industrial Technologies and Memorialization. Both are focused on driving operational efficiency and long-term growth through continuous innovation and strategic expansion. The Industrial Technologies segment evolved from our original marking business, which today is a leading global innovator committed to empowering visionaries to transform industries through the application of precision technologies and intelligent processes. The Memorialization segment is a leading provider of memorialization products, including memorials, caskets and cremation and incineration equipment, primarily to cemetery and funeral home customers that help families move from grief to remembrance. In addition, the Company also has a significant investment in Propelis, a brand solutions business formed through the merger of SGK and SGS & Co. Propelis delivers integrated solutions including brand creative, packaging, print solutions, branded environments, and content production. Matthews International has over 4,300 employees in 15 countries on four continents that are committed to delivering the highest quality products and services. Matthews International CorporationCorporate OfficeTwo NorthShore CenterPittsburgh, PA 15212-5851Phone: (412) 442-8200 Contact: Daniel E. StoparChief Financial Officer and Treasurer View original content to download multimedia:https://www.prnewswire.com/news-releases/matthews-international-announces-third-quarter-fiscal-2026-earnings-release-and-conference-call-302827388.html

The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Matthews (NASDAQ:MATW) and the rest of the consumer discretionary - specialized consumer services stocks fared in Q1. The Consumer Discretionary sector, by definition, is made up of companies selling non-essential goods and services. When economic conditions deteriorate or tastes shift, consumers can easily cut back or eliminate these purchases. For long-term investors with five-year holding periods, this creates a structural challenge: the sector is inherently hit-driven, with low switching costs and fickle customers. As a result, only a handful of companies can reliably grow demand and compound earnings over long periods, which is why our bar is high and High Quality ratings are rare. Some consumer discretionary companies don’t fall neatly into a category because their products or services are unique. Although their offerings may be niche, these companies have often found more efficient or technology-enabled ways of doing or selling something that has existed for a while. Technology can be a double-edged sword, though, as it may lower the barriers to entry for new competitors and allow them to serve customers better. The 10 consumer discretionary - specialized consumer services stocks we track reported a mixed Q1. As a group, revenues beat analysts’ consensus estimates by 1.5% while next quarter’s revenue guidance was 0.5% above. In light of this news, share prices of the companies have held steady as they are up 2% on average since the latest earnings results. Originally a death care company, Matthews International (NASDAQ:MATW) is a diversified company offering ceremonial services, brand solutions and industrial technologies. Matthews reported revenues of $258.6 million, down 39.5% year on year. This print exceeded analysts’ expectations by 2%. Overall, it was a strong quarter for the company with a beat of analysts’ EPS and EBITDA estimates. Matthews delivered the slowest revenue growth among its peers. Investor expectations, however, were likely higher than Wall Street’s published projections, leaving some wishing for even better results (analysts’ consensus estimates are those published by big banks and advisory firms, not the investors who make buy and sell decisions). The stock is down 8.9% since reporting and currently trades at $25.99. Is now the time to buy Matthews? Access our full analysis of the earnings results here, it’s free. Founded in 1955 by brothers Henry W. Bloch and Richard A. Bloch, H&R Block (NYSE:HRB) is a tax preparation company offering professional tax assistance and financial solutions to individuals and small businesses. H&R Block reported revenues of $2.40 billion, up 5.3% year on year, outperforming analysts’ expectations by 2.5%. The business had a strong quarter with full-year EPS and revenue guidance slightly topping analysts’ expectations. H&R Block achieved the highest full-year guidance raise in the group. The market seems happy with the results as the stock is up 39.5% since reporting. It currently trades at $40.90. Is now the time to buy H&R Block? Access our full analysis of the earnings results here, it’s free. Known by many for its old cable television commercials, WeightWatchers (NASDAQ:WW) is a wellness company offering a range of products and services promoting weight loss and healthy habits. WeightWatchers reported revenues of $168.3 million, down 9.8% year on year, exceeding analysts’ expectations by 6.1%. Still, it was a slower quarter as it posted a significant miss of analysts’ EBITDA and EPS estimates. WeightWatchers delivered the biggest analyst estimate beat but had the weakest full-year guidance update in the group. Interestingly, the stock is up 24% since the results and currently trades at $14.64. Read our full analysis of WeightWatchers’s results here. Established in 1991, Carriage Services (NYSE:CSV) is a provider of funeral and cemetery services in the United States. Carriage Services reported revenues of $106.1 million, flat year on year. This print lagged analysts’ expectations by 4.7%. It was a slower quarter as it also produced a significant miss of analysts’ EPS and EBITDA estimates. Carriage Services had the weakest performance against analyst estimates of the whole group. The stock is down 15.5% since reporting and currently trades at $39.37. Read our full, actionable report on Carriage Services here, it’s free. Founded in 1976, 1-800-FLOWERS (NASDAQ:FLWS) is an online retailer of flowers, gifts, and gourmet foods, serving customers globally. 1-800-FLOWERS reported revenues of $293 million, down 11.6% year on year. This result met analysts’ expectations. Taking a step back, it was a slower quarter as it produced a significant miss of analysts’ EPS estimates. The stock is down 2.5% since reporting and currently trades at $3.83. Read our full, actionable report on 1-800-FLOWERS here, it’s free. Over the past year, investors have been forced to repeatedly answer the same question: what is the market’s biggest risk? The answer has changed several times, and each shift has reshaped market leadership. Late in 2025 and early 2026, artificial intelligence became the market’s primary uncertainty. Investors questioned whether AI would erode software pricing power and weaken competitive moats as AI made it easier to replicate once-differentiated products. By the spring, technology took a back seat to geopolitics. The U.S. conflict with Iran briefly became the market’s dominant narrative, raising concerns about oil prices, inflation, and global growth. But as energy markets remained orderly and fears of a prolonged supply disruption faded, investors quickly turned their focus back to fundamentals. Want to invest in winners with rock-solid fundamentals? Check out our Hidden Gem Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.

The recent earnings posted by Matthews International Corporation (NASDAQ:MATW) were solid, but the stock didn't move as much as we expected. We believe that shareholders have noticed some concerning factors beyond the statutory profit numbers. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. To properly understand Matthews International's profit results, we need to consider the US$125m gain attributed to unusual items. We can't deny that higher profits generally leave us optimistic, but we'd prefer it if the profit were to be sustainable. When we crunched the numbers on thousands of publicly listed companies, we found that a boost from unusual items in a given year is often not repeated the next year. Which is hardly surprising, given the name. We can see that Matthews International's positive unusual items were quite significant relative to its profit in the year to March 2026. All else being equal, this would likely have the effect of making the statutory profit a poor guide to underlying earnings power. That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates. As previously mentioned, Matthews International's large boost from unusual items won't be there indefinitely, so its statutory earnings are probably a poor guide to its underlying profitability. As a result, we think it may well be the case that Matthews International's underlying earnings power is lower than its statutory profit. On the bright side, the company showed enough improvement to book a profit this year, after losing money last year. At the end of the day, it's essential to consider more than just the factors above, if you want to understand the company properly. In light of this, if you'd like to do more analysis on the company, it's vital to be informed of the risks involved. To that end, you should learn about the 3 warning signs we've spotted with Matthews International (including 2 which are a bit concerning). This note has only looked at a single factor that sheds light on the nature of Matthews International's profit. But there is always more to discover if you are capable of focussing your mind on minutiae. For example, many people consider a high return on equity as an indication of favorable business economics, while others like to 'follow the money' and search out stocks that insiders are buying. So you may wish to see this free collection of companies boasting high return on equity, or this list of stocks with high insider ownership. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.