Apogee Enterprises : Press Release (apogee enterprises reports fiscal 2027 first quarter results)

About this update from Apogee Enterprises, Inc.

‌Press Release FOR RELEASE: June 26, 2026 APOGEE ENTERPRISES REPORTS FISCAL 2027 FIRST QUARTER RESULTS First-quarter net sales of $342.7 million First-quarter diluted EPS of $0.54 and adjusted diluted EPS of $0.57 Pending Kalwall acquisition on track for early July close, advancing strategy to expand into higher-growth differentiated product offerings Company reaffirms fiscal 2027 guidance MINNEAPOLIS, MN, June 26, 2026 - Apogee 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 2027, ended May 30, 2026. The Company reported the following selected financial results: Three Months Ended (Unaudited, $ in thousands, except per share amounts) May 30, 2026 May 31, 2025 % Change Net sales $ 342,684 $ 346,622 (1.1)% Operating income $ 18,839 $ 6,931 171.8% Operating margin 5.5 % 2.0 % Net earnings $ 11,535 $ (2,688) 529.1% Diluted earnings per share $ 0.54 $ (0.13) 515.4% Non-GAAP Measures1 Adjusted EBITDA $ 32,115 $ 34,384 (6.6)% Adjusted EBITDA margin 9.4% 9.9% (5.1)% Adjusted diluted earnings per share $ 0.57 $ 0.56 1.8% Earnings before interest, taxes, depreciation and amortization (EBITDA), EBITDA margin, adjusted EBITDA, adjusted EBITDA margin, and adjusted diluted earnings per share (EPS) are non-GAAP financial measures. See Use of Non-GAAP Financial Measures and reconciliations to the most directly comparable GAAP measures later in this press release. "Our results for the quarter reflect solid execution as our team effectively navigated a dynamic operating environment," said Donald Nolan, Executive Chair and CEO. "We continued to advance our strategic priorities while maintaining strong operational performance across the business. We also maintained a disciplined capital allocation approach, returning cash to shareholders through dividends and share repurchases. In parallel, we are progressing integration planning for the pending Kalwall acquisition, which we expect to support our long-term growth strategy following its anticipated early July closing." First-Quarter Consolidated Results (First Quarter Fiscal 2027 compared to First Quarter Fiscal 2026) Net sales decreased 1.1% to $342.7 million, driven by lower volume, partially offset by favorable pricing as we pass on...

View stock analysis, news, and events for Apogee Enterprises, Inc.