Matthews International Increases Quarterly Dividend Represents Company’s 32nd consecutive dividend increase PITTSBURGH, Nov. 19, 2025 (GLOBE NEWSWIRE) -- (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, representing an increase to the Company’s quarterly dividend rate. Joseph C. Bartolacci, President and Chief Executive Officer, stated, “We are pleased to announce the 32nd consecutive increase to the Company’s dividend. Our long-term growth strategies and cash gene...
Matthews International Announces Board Chair Transition J. Michael Nauman will succeed Alvaro Garcia-Tunon as Chairman following upcoming annual shareholder meeting Nauman brings over 35 years of specialty products and technical expertise PITTSBURGH, Nov. 19, 2025 (GLOBE NEWSWIRE) -- (NASDAQ GSM: MATW) (“Matthews” or the “Company”) today announced that its Board of Directors has unanimously elected J. Michael Nauman to serve as the next Chairman of the Board, effective following the 2026 Annual Meeting of Shareholders. Mr. Nauman will succeed Alvaro Garcia-Tunon, who has served as Chai...
Matthews International Announces Sale of Warehouse Automation Business for $230 million Cash proceeds to be used to reduce debt and strengthen balance sheetFurther positions Company to deliver enhanced shareholder valueStrategic alternatives review remains ongoing PITTSBURGH, Nov. 13, 2025 (GLOBE NEWSWIRE) -- (NASDAQ GSM: MATW) (“Matthews” or the “Company”) today announced that the Company signed a definitive agreement for the sale of its Warehouse Automation business to Duravant LLC (“Duravant”), a global leader in engineered equipment and automation solutions. The Warehouse Automation...
Matthews International Announces Fourth Quarter and Fiscal Year 2025 Earnings Release and Conference Call PITTSBURGH, Nov. 07, 2025 (GLOBE NEWSWIRE) -- (Nasdaq GSM: MATW) today announced plans to release its fourth quarter and fiscal year 2025 earnings results after the market closes on Thursday, November 20, 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 question-and-an...
Carriage Services Announces Strong Third Quarter Results and Confirms the Midpoint of the 2025 Outlook Conference call on Thursday, November 6, 2025 at 8:00 a.m. Central Time HOUSTON, Nov. 05, 2025 (GLOBE NEWSWIRE) -- Carriage Services, Inc. (NYSE: CSV) today announced its financial results for the third quarter ended September 30, 2025. Company Highlights: Total revenue grew 2.0% over the prior year quarter, driven by increased operating revenue of 5.2% primarily as a result of 21.4% growth in cemetery preneed sales;Cemetery operating revenue increased 12.6% over the prior year quar...
Carriage Services Announces 2025 Third Quarter Earnings Release and Conference Call Schedule HOUSTON, Oct. 22, 2025 (GLOBE NEWSWIRE) -- Carriage Services, Inc. (NYSE: CSV) today announced plans to release 2025 third quarter results on Wednesday, November 5, 2025, after the market closes. In conjunction with the release, Carriage Services has scheduled a conference call, which will be broadcast live via webcast on Thursday, November 6, 2025, at 8:00 a.m. Central Time. What:Carriage Services Third Quarter 2025 Earnings Conference CallWhen:Thursday, November 6, 2025 – 8:00 a.m. Central TimeH...
Carriage Services Declares Quarterly Cash Dividend HOUSTON, Oct. 15, 2025 (GLOBE NEWSWIRE) -- Carriage Services, Inc. (NYSE: CSV) today announced that its Board of Directors on October 15, 2025, declared a quarterly dividend of 11.25¢ per share payable on December 1, 2025, to common share record holders as of November 3, 2025. Carriage Services is a leading provider of funeral and cemetery services and merchandise in the United States. Carriage operates 160 funeral homes in 24 states and 28 cemeteries in 9 states. It is dedicated to delivering premier experiences through innovation, par...
Matthews International Prevails in Federal Court Ruling Affirming Arbitration Award Against Tesla PITTSBURGH, Oct. 02, 2025 (GLOBE NEWSWIRE) -- (NASDAQ GSM: MATW) (“Matthews” or the “Company”) announced today that the United States District Court for the Northern District of California has issued an opinion and order confirming a previous arbitration decision in Matthews’ favor and denied Tesla’s attempt to overturn it. This decision reinforces Matthews’ longstanding leadership in the design, development, and manufacturing of continuous process machinery for battery electrode production...
Matthews Marking Systems Unveils MPERIA® Axian Inkjet AX1000 Series at PACK EXPO Las Vegas––Powered for Sunrise 2027 LAS VEGAS, Sept. 29, 2025 (GLOBE NEWSWIRE) -- (NASDAQ GSM: MATW) (“Matthews” or the “Company”) announces today that its business, Matthews Marking Systems, is officially showcasing its at PACK EXPO Las Vegas, one of the industry’s premier events for packaging innovation. Axian is set to transform primary packaging operations with its advanced marking technology, empowering production lines to operate leaner, smarter, and more efficiently. Axian combines the flexibility o...
Breakthrough Marking Technology Unveiled by Matthews Marking Systems PITTSBURGH, Sept. 24, 2025 (GLOBE NEWSWIRE) -- (NASDAQ GSM: MATW) (“Matthews” or the “Company”) announces today that its business, Matthews Marking Systems, is unveiling its proprietary Axian Inkjet (XIJ) printing technology, a breakthrough innovation redefining high-speed, high-resolution product marking for consumer-packaged goods (CPG) and fast-moving consumer goods (FMCG) industries. Introducing XIJ: The Next Generation of Inkjet PrintingUtilizing XIJ, the new printer (scheduled to launch next week at the ...
Carriage Services Announces the Acquisition of Faith Chapel Funeral Homes & Crematory in Pensacola, Florida HOUSTON, Sept. 17, 2025 (GLOBE NEWSWIRE) -- Carriage Services, Inc. ("Carriage" or "Carriage Services") is pleased to announce that it has acquired substantially all the assets of Faith Chapel Funeral Homes & Crematory (collectively, "Faith Chapel"), consisting of two funeral homes and a crematory, located in the Pensacola, Florida market. Mike Atwood, CEO and President of Faith Chapel, stated, “Faith Chapel has served the Pensacola community for sixty years, and our family has bee...
Matthews International’s Engineering Business Hosting Energy Summit in Germany PITTSBURGH, Sept. 17, 2025 (GLOBE NEWSWIRE) -- (NASDAQ GSM: MATW) (“Matthews” or the “Company”) announced today that its Matthews Engineering business is hosting an Energy Summit at its Development Center in Vreden, Germany, on September 17-18, 2025. The summit will convene a select group of industry experts, leading battery manufacturers, automotive OEMs, thought leaders, and innovators, to explore the latest advancements in battery manufacturing and energy technologies. The location of the event also gives ...
Carriage Services Announces the Acquisition of Osceola Memory Gardens, Cemetery, Funeral Homes & Crematory; Porta Coeli Funeral Home & Crematory; Fisk Funeral Home & Crematory; Funeraria Borinquen; and Cremation Care Providers of Central Florida HOUSTON, Sept. 09, 2025 (GLOBE NEWSWIRE) -- Carriage Services, Inc. (NYSE: CSV) ("Carriage" or "Carriage Services") is pleased to announce that it has acquired substantially all the assets of Osceola Memory Gardens, Cemetery, Funeral Homes & Crematory; Porta Coeli Funeral Home & Crematory; Fisk Funeral Home & Crematory; Funeraria Borinquen; and Cr...
A director at Carriage Services Inc sold 13,027 shares at 44.361USD and the significance rating of the trade was 74/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years c...
Moody's Ratings (Moody's) affirmed Carriage Services, Inc. (Carriage) B2 Corporate Family Rating (CFR) and B2-PD Probability of Default Rating (PDR). We also affirmed the company's B3 senior unsecured rating. The Speculative Grade Liquidity rating (SGL) is upgraded to SGL-2 from SGL-3. We also revis...
Matthews International Announces Retirement Plans of CFO Steven F. Nicola and Appointment of Daniel E. Stopar as Successor PITTSBURGH, Aug. 19, 2025 (GLOBE NEWSWIRE) -- (NASDAQ GSM: MATW) (“Matthews” or the “Company”) today announced that Steven F. Nicola, Chief Financial Officer and Treasurer, has advised the Company’s Board of Directors (the “Board”) of his plans to retire effective December 31, 2025, after more than three decades of dedicated service. Mr. Nicola joined Matthews in 1992 and has served as CFO since 2003. Throughout his tenure, he played a pivotal role in guiding the Com...
Carriage Services Announces Second Quarter 2025 Results, Strategic Acquisitions, and Raises Full-Year 2025 Outlook Conference call on Thursday, August 7, 2025 at 8:00 a.m. Central Time HOUSTON, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Carriage Services, Inc. (NYSE: CSV) today announced its financial results for the second quarter ended June 30, 2025. Company Highlights: GAAP net income growth of $5.5 million, or 85.7%, over the prior year quarter;GAAP diluted EPS of $0.74 and adjusted diluted EPS of $0.74, compared to $0.40 and $0.63 in the prior year quarter, a growth of 85.0% and 17.5%, re...
Matthews International Reports Results for Fiscal 2025 Third Quarter Fiscal 2025 Third Quarter Financial Highlights: GAAP Earnings per share of $0.49 vs. $0.06 a year agoMemorialization and Industrial Technologies report higher adjusted EBITDAOutstanding debt reduced by $120 millionCompany realizing benefits of cost reduction actionsStrategic alternatives evaluation progressing wellCompany maintains outlook for fiscal 2025Webcast: Wednesday, August 6, 2025, 9:00 a.m., (201) 689-8471 PITTSBURGH, Aug. 05, 2025 (GLOBE NEWSWIRE) -- (NASDAQ GSM: MATW) today announced financial results f...
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