Business
Apogee Enterprises Reports Fiscal 2025 Fourth Quarter and Full Year Results
Fourth-quarter net sales of $346 million Fourth-quarter diluted EPS of $0.11 and adjusted diluted EPS of $0.89 Full-year net sales of $1.36 billion Full-year
About this update from Apogee Enterprises, Inc.
[{"type":"text","content":"\n\nFourth-quarter net sales of $346 million\n\n\nFourth-quarter diluted EPS of $0.11 and adjusted diluted EPS of $0.89\n\n\nFull-year net sales of $1.36 billion\n\n\nFull-year operating margin of 8.7%; full-year adjusted operating margin improves to 11.0%\n\n\nFull-year diluted EPS of $3.89; full-year adjusted diluted EPS grows 4% to $4.97\n\n\nUW Solutions acquisition delivers in-line with expectations\n\n\nProvides initial outlook for fiscal 2026\n\n\n MINNEAPOLIS--(BUSINESS WIRE)--\nApogee Enterprises, Inc. (Nasdaq: APOG) today reported its fiscal 2025 fourth-quarter and full-year results. The prior year fourth-quarter and full-year results included the impact of an additional week of operations compared to fiscal 2025. The Company reported the following selected financial results:\n\n\n\n\n \n\n\n\nThree Months Ended\n\n\n\n \n\n\n\n \n\n\n\n\n\n(Unaudited, $ in thousands, except per share amounts)\n\n\n\n \n\n\n\nMarch 1, 2025\n\n\n\n \n\n\n\nMarch 2, 2024\n\n\n\n \n\n\n\n% Change\n\n\n\n\n\nNet sales\n\n\n\n \n\n\n\n$\n\n\n\n345,694\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n361,840\n\n\n\n \n\n\n\n \n\n\n\n(4.5\n\n\n\n)%\n\n\n\n\n\nOperating income\n\n\n\n \n\n\n\n$\n\n\n\n6,134\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n21,866\n\n\n\n \n\n\n\n \n\n\n\n(71.9\n\n\n\n)%\n\n\n\n\n\nOperating margin\n\n\n\n \n\n\n\n \n\n\n\n1.8\n\n\n\n%\n\n\n\n \n\n\n\n \n\n\n\n6.0\n\n\n\n%\n\n\n\n \n\n\n\n \n\n\n\n\n\nNet earnings\n\n\n\n \n\n\n\n$\n\n\n\n2,485\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n15,736\n\n\n\n \n\n\n\n \n\n\n\n(84.2\n\n\n\n)%\n\n\n\n\n\nDiluted earnings per share\n\n\n\n \n\n\n\n$\n\n\n\n0.11\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n0.71\n\n\n\n \n\n\n\n \n\n\n\n(84.5\n\n\n\n)%\n\n\n\n\n\nAdditional Non-GAAP Measures1\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n\n\nAdjusted operating income\n\n\n\n \n\n\n\n$\n\n\n\n28,700\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n34,269\n\n\n\n \n\n\n\n \n\n\n\n(16.3\n\n\n\n)%\n\n\n\n\n\nAdjusted operating margin\n\n\n\n \n\n\n\n \n\n\n\n8.3\n\n\n\n%\n\n\n\n \n\n\n\n \n\n\n\n9.5\n\n\n\n%\n\n\n\n \n\n\n\n \n\n\n\n\n\nAdjusted diluted earnings per share\n\n\n\n \n\n\n\n$\n\n\n\n0.89\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n1.14\n\n\n\n \n\n\n\n \n\n\n\n(21.9\n\n\n\n)%\n\n\n\n\n\nAdjusted EBITDA\n\n\n\n \n\n\n\n$\n\n\n\n41,105\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n43,039\n\n\n\n \n\n\n\n \n\n\n\n(4.5\n\n\n\n)%\n\n\n\n\n\...