Business
Apogee Enterprises Reports Fiscal 2026 Second Quarter Results
Net sales increased 4.6% to $358 million EBITDA margin and adjusted EBITDA margin of 12.4% Diluted earnings per share of $1.10 and adjusted diluted earnings
About this update from Apogee Enterprises, Inc.
[{"type":"text","content":"\n\nNet sales increased 4.6% to $358 million\n\n\n\nEBITDA margin and adjusted EBITDA margin of 12.4%\n\n\n\nDiluted earnings per share of $1.10 and adjusted diluted earnings per share of $0.98\n\n\n\nUpdates outlook for net sales and adjusted diluted EPS\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 second quarter of fiscal 2026, ended August 30, 2025. The Company reported the following selected financial results:\n\n\n\n\n \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(Unaudited, $ in thousands, except per share amounts)\n\n\n\n\n\n\n \n\n\n\n\n\n\nAugust 30, 2025\n\n\n\n\n\n\n \n\n\n\n\n\n\nAugust 31, 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$\n\n\n\n\n\n\n358,194\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n342,440\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\n\n\n\n\n\n\n\nNet earnings\n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n23,649\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n30,566\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n(22.6\n\n\n\n\n\n\n)%\n\n\n\n\n\n\n\n\nDiluted earnings per share\n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n1.10\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n1.40\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n(21.4\n\n\n\n\n\n\n)%\n\n\n\n\n\n\n\n\nAdditional Non-GAAP Measures (1)\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$\n\n\n\n\n\n\n44,368\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n53,122\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n(16.5\n\n\n\n\n\n\n)%\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\n12.4\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\n15.5\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$\n\n\n\n\n\n\n0.98\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n$\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(31.9\n\n\n\n\n\n\n)%\n\n\n\n\n\n\n\n\n\n(1)\n\n\n\n\n\n\...