earnings
confidence high
sentiment negative
materiality 0.75
Atkore Q1 FY2025 net sales down 17% YoY; cuts full-year EBITDA outlook to $375-$425M
Atkore Inc.
2025-Q1 EPS reported
$1.31
revenue$661,597,000
- Net sales $661.6M, down 17.1% YoY; net income $46.3M ($1.31 diluted EPS) vs $138.4M last year.
- Adjusted EBITDA $99.2M, down 53.6% YoY; adjusted EPS $1.63, down from $4.12.
- Electrical segment sales down 21.6% to $465.4M; segment EBITDA margin fell to 19.9% from 34.4%.
- Full-year Adjusted EBITDA forecast cut to $375-$425M; adjusted EPS outlook $5.75-$6.85.
- Board declared $0.32/share quarterly dividend payable Feb 28, 2025 to holders of record Feb 18.