earnings
confidence high
sentiment neutral
materiality 0.60
Apogee Q1 EPS $0.54 (adj $0.57) on $342.7M revenue; Kalwall acquisition on track
APOGEE ENTERPRISES, INC.
- Net sales $342.7M, down 1.1% YoY; operating income surged 171.8% to $18.8M.
- Diluted EPS $0.54 vs $(0.13) prior year; adjusted diluted EPS $0.57 vs $0.56.
- Adjusted EBITDA $32.1M, margin 9.4% vs 9.9% prior year.
- Pending Kalwall acquisition on track for early July close, expanding differentiated product offerings.
- Company reaffirms fiscal 2027 guidance.