NasdaqGS - Nasdaq Real Time Price • USD Matthews International Corporation (MATW) Follow Compare 31.02 -0.31 (-0.99%) At close: January 17 at 4:00:01 PM EST 30.77 -0.25 (-0.81%) After hours: January 17 at 6:56:27 PM EST All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Specialized Consumer Services Stocks Q3 Teardown: Mister Car Wash (NYSE:MCW) Vs The Rest As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the specialized consumer services industry, including Mister Car Wash (NYSE:MCW) and its peers. Matthews International Corporation (NASDAQ:MATW) Shares Could Be 48% Below Their Intrinsic Value Estimate Key Insights Using the 2 Stage Free Cash Flow to Equity, Matthews International fair value estimate is US$58.91... Matthews International Announces First Quarter Fiscal 2025 Earnings Release and Conference Call PITTSBURGH, Jan. 10, 2025 (GLOBE NEWSWIRE) -- Matthews International Corporation (Nasdaq GSM: MATW) today announced plans to release its first quarter fiscal year 2025 earnings results after the market closes on Thursday, February 6, 2025. 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 Steven F. Nicola, Chief Financial Officer. A Barington Capital Group Files Definitive Proxy Statement for Matthews International's 2025 Annual Meeting Barington Capital Group, L.P. ("Barington Capital"), a fundamental, value-oriented activist investor that, together with certain affiliates (collectively "Barington" or "we") beneficially owns approximately 1.9% of the outstanding common stock of Matthews International Corporation (NASDAQ: MATW) ("Matthews" or the "Company"), today announced that it has filed a definitive proxy statement in connection with its nomination of Ana B. Amicarella, Chan W. Galbato and James Mitarotonda for election to Matthews International Files Definitive Proxy Statement and Sends Letter to Shareholders Urges shareholders to vote “FOR” Matthews’ three director nominees on the WHITE proxy cardPITTSBURGH, Jan. 10, 2025 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) (“Matthews” or the “Company”) today announced that it has filed definitive proxy materials with the Securities and Exchange Commission (“SEC”) in connection with its upcoming Annual Meeting of Shareholders scheduled to be held on February 20, 2025. In conjunction with the definitive proxy filing, Matthews is Should Value Investors Buy Matthews International (MATW) Stock? Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. Is Matthews International (MATW) Outperforming Other Consumer Staples Stocks This Year? Here is how Matthews International (MATW) and Premier Foods PLC. (PRRFY) have performed compared to their sector so far this year. Matthews to sell interest in SGK Brand Solutions to SGS-created entity Matthews (MATW) International and affiliates of SGS & Co have entered into a definitive agreement under which Matthews will sell its interest in SGK Brand Solutions to a newly formed entity created by affiliates of SGS, which will combine SGK and SGS. Under the terms of the agreement, Matthews will realize $350 million of total upfront consideration, which will include $250 million in cash at closing, $50 million of preferred equity in the new entity and the retention of approximately $50 millio Matthews International (MATW) Surges 14.5%: Is This an Indication of Further Gains? Matthews International (MATW) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term. Barington Capital Group Statement on Matthews International's Sale of SGK Brand Solutions Barington Capital Group, L.P. ("Barington Capital") and certain of its affiliates (collectively "Barington" or "we"), a fundamental, value-oriented activist investor that beneficially owns approximately 1.9% of the outstanding common stock of Matthews International Corporation (NASDAQ: MATW) ("Matthews" or the "Company"), today issued the following statement in response to Matthews' planned sale of SGK Brand Solutions ("SGK"): Why Matthews (MATW) Stock Is Up Today Shares of diversified solutions provider Matthews International (NASDAQ:MATW) jumped 14.4% in the morning session after the company announced the sale of its stake in SGK Brand Solutions (a branding and content business) to a newly formed entity created by affiliates of SGS. The deal is projected to generate up to $350 million for Matthews, improving its cash reserves and equipping the company with more capital to fuel new growth initiatives. Matthews International to Sell SGK Brand Solutions Matthews to sell SGK to a newly formed entity created by affiliates of SGS & Co Matthews to realize upfront consideration of $350 million and receive 40% interest in new entity Initial enterprise value of new entity ~$900 million, representing adjusted EBITDA multiple of 9x Cash proceeds to be used for immediate debt repayment New entity projected to realize over $50 million of annual cost synergies PITTSBURGH, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MAT Q3 Earnings Roundup: Pool (NASDAQ:POOL) And The Rest Of The Specialized Consumer Services Segment Looking back on specialized consumer services stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including Pool (NASDAQ:POOL) and its peers. Specialized Consumer Services Stocks Q3 Results: Benchmarking H&R Block (NYSE:HRB) As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at specialized consumer services stocks, starting with H&R Block (NYSE:HRB). Barington nominates Mitarotonda and two others as directors at Matthews NEW YORK (Reuters) -Activist investor Barington Capital Management nominated its founder, James Mitarotonda, and two other executives with public board experience as director candidates at casket maker Matthews International. In addition to Mitarotonda, Barington nominated Ana Amicarella, who currently serves on the boards of Forward Air and Warrior Met Coal, and investment industry veteran Chan Galbato, who runs Cerberus Operations and Advisory Company and served on the board of grocer Albertsons until recently, Barington said. Barington Capital Group Files Preliminary Proxy Statement For Nomination of Ana Amicarella, Chan Galbato and James Mitarotonda for Election to the Matthews International Board of Directors Barington Capital Group, L.P. ("Barington Capital") and certain of its affiliates (collectively "Barington" or "we"), a fundamental, value-oriented activist investor that beneficially owns approximately 2% of the outstanding common stock of Matthews International Corporation (NASDAQ: MATW) ("Matthews" or the "Company"), today announced that it has filed a preliminary proxy statement with the U.S. Securities and Exchange Commission in connection with its nomination of Ana B. Amicarella, Chan W. G Are Investors Undervaluing Matthews International (MATW) Right Now? Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. Spotting Winners: ADT (NYSE:ADT) And Specialized Consumer Services Stocks In Q3 As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the specialized consumer services industry, including ADT (NYSE:ADT) and its peers. Barington Calls for Matthews International CEO Replacement, Shares Rise Post Announcement Barington advised raising cost-reduction targets from $50 million to at least $80 million. Matthews International Shares Up as Activist Investor Barington Capital Calls for Changes Matthews International (MATW) shares were up 3% in recent trading Tuesday as the company acknowledge Performance Overview Trailing total returns as of 1/17/2025, which may include dividends or other distributions. Benchmark is S&P 500 Return MATW S&P 500 YTD +12.03% +1.52% 1-Year -5.13% +25.82% 3-Year -8.89% +28.61%