Apogee Q2 adjusted EPS record $1.36, up 28% YoY; raises FY outlook to $4.35-$4.65

APOGEE ENTERPRISES, INC.

2024-Q2 EPS reported $2.57 revenue$715,388,000

Net sales $354M (-5% YoY); operating margin 11.5% vs 8.6% a year ago, exceeding 10% target.
GAAP diluted EPS $1.52 (-9.5% YoY); adjusted diluted EPS $1.36 (all-time quarterly record, +28%).
Year-to-date cash from operations $63M, improvement of $65M vs prior year period.
Full-year adjusted diluted EPS guidance raised to $4.35-$4.65 from prior range.
Adjusted EBITDA $51.1M, up 20.3% YoY.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

APOGEE ENTERPRISES, INC. reported the second quarter of fiscal 2024 results: revenue Net sales of $354 million, EPS diluted EPS of $1.52. Guidance raised.

Period: the second quarter of fiscal 2024
Revenue: Net sales of $354 million
EPS: diluted EPS of $1.52
Guidance: raised
Result: reported results

Exact text from the filing

Act of 1933, as amended. --- EX-99.1 (EX-99.1) --- Press Release FOR RELEASE: September 19, 2023 APOGEE ENTERPRISES REPORTS FISCAL 2024 SECOND QUARTER RESULTS • Net sales of $354 million and diluted EPS of $1.52 • Operating margin reaches 11.5%, up from 8.6% in last year’s second quarter • Adjusted diluted EPS grows 28% to an all-time quarterly record $1.36 •

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Source: SEC EDGAR

accession 0000006845-23-000025

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