Matthews International Corporation (MATW) Earnings Call Transcripts

Matthews International Corporation's Latest Earnings Call - Q2 FY2026

In the second quarter of fiscal 2026, Matthews International Corporation (MATW:US) reported total revenues of $259 million, a significant decline from $428 million a year ago, primarily due to divestitures. The company recorded a net loss of $21.8 million, or $0.69 per share, compared to a loss of $8.9 million, or $0.29 per share, in the prior year. Management reaffirmed full-year adjusted EBITDA guidance of at least $180 million, indicating confidence in the Memorialization segment's performance despite challenges in Industrial Technologies.

Reported metrics

Guidance from management

Management reaffirmed full-year adjusted EBITDA guidance of at least $180 million, indicating confidence in the Memorialization segment and the potential for Industrial Technologies to convert its pipeline in the second half of the fiscal year.

What management said

All right. Yes. I mean, obviously, we are always in the market, and there's always a few things that are floating around. I wouldn't say there's a lot of inbounds, but there are opportunities out there. We'll pick timing based on when it's right for us as well as when others are ready to sell. There still are small opportunities like that. As I said in my portion of the call, I mean these are highly accretive over a ...

Yes, Justin, that's exactly right. Their slowest quarter is typically the fourth calendar quarter. And so that would be the quarter that we would have reported in this fiscal quarter for Matthews.

What analysts pressed on

Analysts expressed concerns regarding the significant revenue decline in the Industrial Technologies segment and the impact of ongoing tariff discussions on future profitability. There were also questions about the execution risks associated with Propelis and the timing of expected synergies.

Main topics on the call

• Debt Reduction and Balance Sheet Improvement — Matthews completed the early redemption of $300 million in senior secured notes, reducing total long-term debt to $579 million from $822 million a year ago. CFO Daniel Stopar stated, "Our balance sheet is significantly i...
• Memorialization Segment Performance — The Memorialization segment reported sales of $215 million, up almost 5% year-over-year, and adjusted EBITDA of $49 million, an 8% increase. Management noted that the Dodge acquisition contributed approximately $10 milli...
• Challenges in Industrial Technologies — The Industrial Technologies segment faced significant revenue declines, reporting $43 million compared to $81 million a year ago, primarily due to divestitures. Adjusted EBITDA for this segment was a loss of $3.3 million...
• Propelis Joint Venture Progress — Management highlighted that Propelis is expected to achieve an EBITDA run rate of around $130 million by 2027, with synergies from SAP migration anticipated to unlock over $25 million. The company expects a partial redem...

Read the full Matthews International Corporation transcript (Q2 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 27 Matthews International Corporation earnings call transcripts on record, spanning January 31, 2020 to August 7, 2026. Based on this history, Matthews International Corporation reports quarterly. The most recent call on file is dated August 7, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

MATW

Exchange

NasdaqGS

Country

US

Sector

Consumer Discretionary

Industry

Diversified Consumer Services

Calls on record

27

First call

January 31, 2020

Most recent

August 7, 2026

Reporting cadence

quarterly