Investment Research report

Matthews International Corp.

NASDAQ:
matw
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Research Overview

INDEX:
S&P 500
Sector:
Consumer Discretionary
Position:
Short
Date:
Jan 11, 2018

After conducting a forensic financial and accounting review, Spruce Point believes Matthews International Corp. (NASDAQ: MATW), a burial casket manufacturing company, has serious financial control issues, governance concerns and mounting evidence of dubious finances. Based on our investigation, we estimate 55% to 65% downside risk. 

The report highlights several key concerns with the company, including:

  • We believe the Company has serious financial control and governance issues
  • We find evidence of dubious financial results
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