The earnings call reflects a challenging quarter for Atkore with several factors impacting performance negatively, including declines in organic volume, pricing pressures, and increased competition from imports. The company is focusing on shareholder returns, sustainability initiatives, and operational improvements as positive aspects, but the overall sentiment leans towards addressing significant challenges and adjusting expectations for the fiscal year.
Company Guidance
In the first quarter of fiscal year 2025, Atkore reported net sales of $662 million and an adjusted EBITDA of $99 million, both aligning with their expectations. However, organic volume declined by 5%, primarily due to challenging market conditions and increased competition, particularly for PVC and steel conduit products. The adjusted EPS was $1.63, near the top end of the company's outlook range. Atkore revised its full-year 2025 adjusted EBITDA guidance to approximately $400 million at the midpoint, reflecting the anticipated impacts of increased imports and competitive pressures. The first quarter also saw a $50 million share repurchase, underscoring Atkore's commitment to returning cash to shareholders. Despite these challenges, the company remains focused on growth initiatives and operational improvements, expecting low to mid-single-digit volume growth for the full year.
Shareholder Returns
Atkore returned $50 million to shareholders through share repurchases in the first quarter, complementing their quarterly dividend payment.
Sustainability Initiatives
Published the fiscal year 2024 Sustainability Report, detailing ongoing initiatives and accomplishments toward 2025 goals. Released additional environmental product declarations for core products covering approximately half of global sales.
Operational Improvements
Improved operational performance in the Hobart, Indiana facility and the S&I team, with sequential improvement in S&I segment margins.
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Atkore International Group (ATKR) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ATKR Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Feb 04, 2025
$79.37
$63.85
-19.55%
Nov 21, 2024
$83.48
$84.46
+1.17%
Aug 06, 2024
$117.13
$99.92
-14.69%
May 07, 2024
$174.05
$152.29
-12.50%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Atkore International Group (ATKR) report earnings?
Atkore International Group (ATKR) is schdueled to report earning on May 13, 2025, TBA Not Confirmed.
What is Atkore International Group (ATKR) earnings time?
Atkore International Group (ATKR) earnings time is at May 13, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
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