Atkore Inc. (ATKR) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you, and good morning, everyone. I'm joined today by Bill Waltz, President and CEO, John Deitzer, Chief Financial Officer, and John Pergenzer. Questions at the conclusion of the call. I would like to remind everyone that during this call, we may make projections or forward-looking statements regarding future events or financial performance of the company. Such statements involve risks and uncertainties such that actual results may differ materially. Please refer to our SEC filing and today's press release, which identify important factors that could cause actual results to differ materially from those contained in our projections or forward-looking statements. In addition, any reference in our discussion today to EBITDA means adjusted EBITDA, and any reference to EPS or adjusted EPS means adjusted diluted earnings per share. Adjusted EBITDA and adjusted diluted earnings per share are non-GAAP measures. Reconciliations of non-GAAP measures and a presentation of the most comparable GAAP measures are available in the appendix to today's presentation. With that, I'll turn it over to Bill. Thanks, Matt, and good morning, everyone. Starting on slide three, we are pleased with our first quarter performance. We achieved net sales of $656 million and adjusted EBITDA of $69 million. Both were above our outlook range. Our 83 cents of adjusted EPS was also above the top end of our outlook range. Organic volume increased 2% in the first quarter, driven by strong performance in our electrical segment. Our teams have been focused on improving manufacturing efficiency and controlling costs, which has helped generate over $30 million of productivity savings year over year. We also continue to advance our strategic alternative process to evaluate opportunities to strengthen our ...