secwatch.observer — SEC 8-K summary
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Issuer:     Atkore Inc. (ATKR)
CIK:        0001666138
Form:       8-K
Filed at:   2023-11-17T23:59:59+00:00
Accession:  0001666138-23-000113
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Atkore Q4 EPS $3.63; full-year sales down 10.1%; initiates dividend; FY24 guidance $900-950M EBITDA
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- Q4 net income $140.9M ($3.63 diluted EPS) vs $220.8M ($5.18) YoY; adjusted EPS $4.21 vs $5.52.
- FY23 net income $689.9M ($17.27 EPS) vs $913.4M ($20.30) YoY; adjusted EBITDA $1,042.1M vs $1,341.8M.
- New quarterly dividend program approved; first payment expected in calendar Q1 2024.
- FY24 guidance: Adj. EBITDA $900-950M, adj. EPS $16.00-17.00; maintain FY25 adj. EPS target >$18.
- Electrical segment sales down 18.3%; Safety & Infrastructure down 5.8% YoY in Q4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1666138/000166613823000113/0001666138-23-000113-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1666138/000166613823000113/atkr-20231117.htm
  HTML page:      https://secwatch.observer/filing/0001666138-23-000113

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