Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

METHODE ELECTRONICS INC Annual Report 2025

Aug 1, 2025

33443_10-k_2025-08-01_b8f965cb-99d1-4379-b0d5-2eaa1a05cd59.zip

Annual Report

Open in viewer

Opens in your device viewer

begin 644 ny20048525x3_ars.pdf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