Business
Apogee Enterprises Reports Fiscal 2026 First Quarter Results
Net sales increased 4.6% to $346.6 million EBITDA margin of 5.4% and adjusted EBITDA margin of 9.9% Diluted loss per share of $0.13 and adjusted diluted
About this update from Apogee Enterprises, Inc.
[{"type":"text","content":"\n\nNet sales increased 4.6% to $346.6 million\n\n\n\nEBITDA margin of 5.4% and adjusted EBITDA margin of 9.9%\n\n\n\nDiluted loss per share of $0.13 and adjusted diluted earnings per share of $0.56\n\n\n\nRaises fiscal year net sales and adjusted diluted EPS outlook\n\n\n\n MINNEAPOLIS--(BUSINESS WIRE)--\nApogee Enterprises, Inc. (Nasdaq: APOG), a leading provider of architectural building products and services, as well as high-performance coated materials used in a variety of applications, today reported its results for the first quarter of fiscal 2026, ended May 31, 2025. The Company reported the following selected financial results:\n\n\n\n\n(Unaudited, $ in thousands, except per share amounts)\n\n\n\n\n\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 \n\n\n\n\n\n\n\n\n \n\n\n\n\n\n\nMay 31, 2025\n\n\n\n\n\n\n \n\n\n\n\n\n\nJune 1, 2024\n\n\n\n\n\n\n \n\n\n\n\n\n\n% Change\n\n\n\n\n\n\n\n\nNet sales\n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n346,622\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n331,516\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n4.6%\n\n\n\n\n\n\n\n\nNet (loss) earnings\n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n(2,688\n\n\n\n\n\n\n)\n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n31,011\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n(108.7)%\n\n\n\n\n\n\n\n\nDiluted (loss) earnings per share\n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n(0.13\n\n\n\n\n\n\n)\n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n1.41\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n(109.2)%\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\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\nAdjusted EBITDA\n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n34,384\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n52,622\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n(34.7)%\n\n\n\n\n\n\n\n\nAdjusted EBITDA margin\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n9.9\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\n15.9\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 diluted earnings per share\n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n0.56\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n1.44\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n(61.1)%\n\n\n\n\n\n\n\nTy R. Silberhorn, Apogee’s Chief Executive Officer, stated: “We are pleased to deliver res...