Methode Electronics, Inc. Reports Fiscal 2020 Fourth Quarter and Record Full Year Financial Results
(WorldNews Belgium)

Record Fiscal 2020 Net Sales of $1,023.9 Million Record Fiscal 2020 Diluted Income per Share of $3.26 Record Fiscal 2020 Free Cash Flow CHICAGO, June 30, 2020 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a global developer of custom engineered and application specific products and solutions, today announced financial results for the fourth quarter and full year of Fiscal 2020 ended May 2, 2020. The COVID-19 Pandemic? The COVID-19 global pandemic negatively impacted our automotive and commercial vehicle? ?businesses as ?many of our customers suspended their manufacturing operations. As a result, our net ?sales and ?production levels declined significantly in the fiscal fourth...