Apogee Q1 EPS up 5% to $1.05; raises FY2024 guidance to $4.15-$4.45

APOGEE ENTERPRISES, INC.

2024-Q1 EPS reported $1.05 revenue$361,713,000

Net sales $361.7M (+1.4% YoY); operating income $33.8M (+1.7%).
Diluted EPS $1.05 (+5% YoY) driven by improved Architectural Glass profitability.
Cash flow from operations $21M, up $52M from Q1 fiscal 2023.
Full-year diluted EPS outlook raised to $4.15-$4.45 from prior guidance.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

APOGEE ENTERPRISES, INC. reported full-year fiscal 2024 results: EPS $4.15 to $4.45. Guidance raised.

Period: full-year fiscal 2024
EPS: $4.15 to $4.45
Guidance: raised
Result: guidance update

Exact text from the filing

Increases full-year diluted EPS outlook to a range of $4.15 to $4.45

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

APOGEE ENTERPRISES, INC. reported first quarter of fiscal 2024 results: revenue $361.7 million, EPS $1.05. Guidance raised.

Period: first quarter of fiscal 2024
Revenue: $361.7 million
EPS: $1.05
Guidance: raised
Result: reported results

Exact text from the filing

1933, as amended. --- EX-99.1 (EX-99.1) --- Press Release FOR RELEASE: June 23, 2023 APOGEE ENTERPRISES REPORTS FISCAL 2024 FIRST QUARTER RESULTS • Net sales increase 1.4% to $362 million • Diluted EPS grows 5% to $1.05 • Strong net sales and operating income growth in Architectural Glass • Cash flow from operations increases to $21 million, up $52 million

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

APOGEE ENTERPRISES, INC. reported first quarter of fiscal 2024 results: revenue $361.7 million, EPS $1.05. Guidance raised.

Period: first quarter of fiscal 2024
Revenue: $361.7 million
EPS: $1.05
Guidance: raised
Result: reported results

Exact text from the filing

Apogee Enterprises, Inc. (Nasdaq: APOG) today announced its fiscal 2024 first-quarter results. Net sales grew 1.4% to $361.7 million, led by strong growth in Architectural Glass, partially offset by lower net sales in Architectural Services. Diluted earnings per share ("EPS") increased 5% to $1.05, primarily driven by improved profitability in Architectural Glass.

View on SEC.gov

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Source: SEC EDGAR

accession 0000006845-23-000016

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