Highest-materiality recent filing
Atkore agrees to pay $50M to settle end-user plaintiffs in PVC pipe antitrust class action
Settlement agreement with End User Plaintiffs for $50 million, subject to court approval.
Net sales $731.4M (+4.2% YoY); Electrical +8.1%, Safety & Infrastructure -4.9%.
Atkore settles two PVC pipe antitrust class actions for $136.5M total
Agreed to pay $72.5M to Direct Purchaser Plaintiffs and $64M to Non-Converter Seller Purchaser Plaintiffs.
Atkore sells HDPE pipe & conduit business to Infra Pipes, retains 10% stake
Atkore contributes its HDPE business and $28M to combine with Infra Pipes, receiving a 10% equity stake.
Atkore Q1 net income drops 67.6% to $15.0M; adjusted EPS $0.83 vs $1.63 YoY
Net sales $655.5M (-0.9% YoY); GAAP EPS $0.44, adjusted EPS $0.83 (prior $1.63).
All 10 director nominees elected with 27.5-28.4M votes for each; broker non-votes ~2.16M.
Atkore appoints Franklin S. Edmonds Jr. to board following Irenic Capital cooperation agreement
Appointed effective November 28, 2025 to the Board of Directors.
Board expands strategic alternatives review to include sale/merger of whole company; Citi and JPMorgan hired.
Atkore reports Q4 net loss of $54.4M, Adjusted EBITDA down 49%; FY2026 Adj EBITDA guidance $340-360M
Q4 net sales $752M, down 4.6% YoY; net loss $(54.4)M vs net income $73.1M; includes $85.6M in non-cash impairments.
Atkore to close three facilities, expects $5-15M pre-tax cash charges by Q2 FY2026
Ceasing manufacturing at three undisclosed facilities; production to stop by end of fiscal Q2 2026.
Atkore enters $373M senior secured term loan to refinance existing debt
New $373M term loan facility matures Sept 2032 (or 91 days before 2031 note maturity if >$100M remains).
Atkore Q3 net sales down 10.6%; CEO Waltz to retire; Adjusted EBITDA down 51.5%
Net sales $735.0M (-10.6% YoY); GAAP diluted EPS $1.25 vs $3.33 prior year.
Atkore CEO Bill Waltz announces retirement; board initiates successor search
William Waltz to retire as President and CEO; will continue until successor is appointed.
Atkore reports Q2 net loss of $50.1M; adjusted EPS $2.04 vs $4.08 YoY, impairment $127.7M
Net sales $701.7M (-11.5% YoY); net loss per diluted share $(1.46) vs income $3.67 prior year.
Atkore amends credit facility, extends maturity by five years, adds HSBC & Truist as lenders
Fourth Amendment to Credit Agreement executed April 30, 2025; extends maturity to earlier of 5 years from amendment or 91 days before term loan maturity if ≥$100M remains.
Net sales ~$695-705M; net loss per share $(1.20-2.24) from $121-162M HDPE impairment; adjusted EPS $2.01-2.08.
Atkore receives DOJ grand jury subpoena over PVC pipe pricing practices
DOJ Antitrust Division subpoena issued Feb 13, 2025, seeks documents on PVC pipe and conduit pricing.
Atkore Q1 FY2025 net sales down 17% YoY; cuts full-year EBITDA outlook to $375-$425M
Net sales $661.6M, down 17.1% YoY; net income $46.3M ($1.31 diluted EPS) vs $138.4M last year.
All nine director nominees elected with votes for ranging from ~27.8M to ~28.2M; support >98% of votes cast excluding broker non-votes.
Atkore promotes John Pregenzer to COO effective Jan 13, 2025
John Pregenzer named Chief Operating Officer while retaining role as President-Electrical.
Atkore files November 2024 investor presentation; no material updates disclosed
Exhibit 99.1 is a general investor presentation dated November 2024.
Net sales $788.3M (-9.4% YoY), net income $73.1M (-48.1%), adjusted EBITDA $140.2M (-39.6%).
Atkore Q3 sales down 10.5% to $822M; Adj EPS $3.80 vs $5.72; cuts FY24 outlook
Net sales $822.4M (-10.5% YoY); GAAP EPS $3.33 vs $5.13; Adj EPS $3.80 vs $5.72.
Atkore CFO David Johnson resigning; John Deitzer named CFO, James Alvey CAO
David Johnson resigns as CFO/CAO to pursue outside opportunity; last day Aug 9, 2024.
Atkore posts May 2024 investor presentation; no material new information
Investor presentation dated May 2024 furnished for use in presentations to investors.
Atkore reports Q2 net sales down 11.5% YoY; guidance cut to $850-900M EBITDA
Net sales $792.9M (-11.5% YoY); GAAP EPS $3.67 vs $4.31; adjusted EPS $4.08 vs $4.87.
Atkore Q1 EPS declines YoY but raises full-year adjusted EPS guidance; initiates quarterly dividend
Net sales $798.5M (-4.2% YoY); GAAP EPS $3.61, Adjusted EPS $4.12.
All nine director nominees elected with >99% of votes cast for each (excluding broker non-votes).
On January 10, 2025, Atkore Inc. (the “Company”) announced the promotion of John Pregenzer to Chief Operating Officer (“COO”), effective January 13, 2025.
On July 22, 2024, David Johnson, the Chief Financial Officer (“CFO”) and Chief Accounting Officer (“CAO”) of Atkore Inc. (the “Company”), notified the Company that he is resigning from the Company to pursue another opportunity outside the electrical industry.
James Alvey will assume the role of CAO
John Deitzer will assume the role of CFO
Max materiality 0.85 · Median 0.68 · Most common event earnings