Quarterly ResultOct 6, 2026, 09:51 AM
Apogee Enterprises Q2 Sales Up 9.2% to $391.1M; Raises FY27 EPS Guidance
AI Summary
Apogee Enterprises announced its second-quarter fiscal 2027 financial results, reporting a 9.2% increase in net sales to $391.1 million and adjusted diluted EPS of $1.17. The company raised its full-year fiscal 2027 guidance for adjusted diluted EPS to a range of $3.00 to $3.40. Strategic priorities were advanced through the acquisitions of Kalwall and Groglass. The company also reported year-to-date operating cash flow of $43.3 million and returned $27.3 million to shareholders through share repurchases and dividends.
Key Highlights
- Apogee Enterprises reported Q2 FY27 net sales of $391.1 million, up 9.2% YoY.
- Diluted EPS was $1.07, and adjusted diluted EPS was $1.17.
- Company raises FY27 adjusted diluted EPS guidance to $3.00-$3.40 from $2.70-$3.25.
- Acquisitions of Kalwall and Groglass advanced strategic priorities.
- Architectural Glass segment sales increased 21.1% to $87.4 million, driven by Kalwall acquisition.
- Architectural Services segment backlog was $833.0 million at quarter-end.
- Net cash provided by operating activities year-to-date was $43.3 million.
Price Impact
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