Apogee Enterprises ( (APOG) ) has released its Q3 earnings. Here is a breakdown of the information Apogee Enterprises presented to its investors.
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Apogee Enterprises, Inc. is a Minneapolis-based company specializing in architectural building products and services, as well as high-performance coated materials for various applications.
In its latest earnings report for the third quarter of fiscal 2025, Apogee Enterprises reported net sales of $341 million, with a slight increase of 0.5% compared to the previous year. The company also completed the acquisition of UW Solutions, which contributed to its sales growth.
The company’s operating margin decreased from 11.1% to 8.4%, while adjusted operating margin fell to 10.4%. Net earnings and diluted earnings per share (EPS) saw significant declines of 22.2% and 22.0%, respectively. Apogee’s Architectural Services segment showed notable improvement, with a 10.8% increase in net sales, while other segments experienced mixed results.
Apogee Enterprises is focused on strengthening its operational foundation amidst ongoing market challenges. The acquisition of UW Solutions is expected to enhance future growth, despite near-term pressures. The company anticipates a decline in full-year net sales by approximately 5%, and adjusted EPS at the lower end of its guidance range.
