Weekly Recap: Apogee (APOG) Q2 lift and Kalwall $85M, Groglass $30M margins
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Apogee Enterprises, Inc. (NASDAQ:APOG) reported Q2 sales of $391.1M, GAAP EPS $1.07 and adjusted EPS $1.17 as margins improved from pricing, productivity and Project Fortify Phase 2, and raised FY27 sales and adjusted EPS guidance after acquisitive boosts from Kalwall and Groglass.
Previous Week Recap
- Apogee Q2 Sales Rise; Raised FY27 Guidance: Apogee Enterprises (APOG) Q2: sales $391.1M (+9.2% YoY), GAAP EPS $1.07, adjusted EPS $1.17, adjusted EBITDA margin 12.7%. Raised FY27 sales to $1.46–1.50B and adjusted EPS to $3.00–3.40; stock rose. 3 źródła
- Kalwall, Groglass Adds Revenue And Margins: Apogee (APOG) says Kalwall will add ~$85M revenue with ~15% adjusted EBITDA margin in year one; Groglass to add ~$30M with ~25% margin. Gains tied to pricing, execution, productivity. 2 źródła
- Q2 Gross Margin Up Fueled By Pricing: APOG Q2 gross margin rose about 150 bps year‑over‑year, driven by price increases, productivity gains and Project Fortify Phase 2 cost savings — compared to the prior‑year quarter. TradingView
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