Apogee Enterprises raises FY25 adjusted EPS view to $4.65-$5.00 from $4.35-$4.75

FY25 consensus $4.52. The company continues to expect a full-year net sales decline in the range of 4%-7%, consensus $1.34B. This range includes approximately 2 percentage points of decline related to fiscal 2025 reverting to a 52-week year, and approximately 1 percentage point of decline related to the actions of Project Fortify to eliminate certain lower-margin product and service offerings.