Articles from Apogee Enterprises, Inc.

Apogee Enterprises, Inc. (Nasdaq: APOG) today reported its results for the third quarter of fiscal 2025. The Company reported the following selected financial results:

Apogee Enterprises, Inc. (Nasdaq: APOG) will report its fiscal 2025 third quarter results on Tuesday, January 7, 2025, before the market opens. The Company will also host a conference call to discuss its financial results. This conference call will be webcast beginning at 8:00 a.m. Central Time, on January 7, 2025.

Apogee Enterprises, Inc. (Nasdaq: APOG) announced today that it has completed the previously announced acquisition of UW Interco, LLC (“UW Solutions”), a vertically integrated manufacturer of high-performance coated substrates used in graphic arts, building products, and other applications, for $242 million in cash.

Apogee Enterprises, Inc. (Nasdaq: APOG) today reported its results for the second quarter of fiscal 2025. The Company reported the following selected financial results:

Apogee Enterprises, Inc. (Nasdaq: APOG) announced today that its Board of Directors has declared a quarterly cash dividend of $0.25 per share. The dividend will be payable on November 6, 2024, to shareholders of record at the close of business on October 22, 2024.

Apogee Enterprises, Inc. (Nasdaq: APOG) announced today that it has entered into a definitive agreement to acquire UW Interco, LLC (“UW Solutions”) from Heartwood Partners for $240 million in cash, subject to customary closing conditions. The transaction is expected to close during the Company’s fiscal 2025 third quarter.

Apogee Enterprises, Inc. (Nasdaq: APOG) will report its fiscal 2025 second quarter results on Friday, October 4, 2024, before the market opens. The Company will also host a conference call to discuss its financial results. This conference call will be webcast beginning at 8:00 a.m. Central Time, on October 4, 2024.

This week, Apogee Enterprises, Inc. (Nasdaq: APOG) will mark its 75th anniversary with celebrations across its locations. Founded as the Harmon Glass Company on July 12, 1949, the company began with a single shop in Minneapolis. From this humble beginning, the Company has built a record of growth and innovation, emerging as a leader in its industry. Today, Apogee has 4,400 employees, operating from 15 principal facilities in the U.S., Canada, and Brazil.

Apogee Enterprises, Inc. (Nasdaq: APOG) today reported its results for the first quarter of fiscal 2025. The Company reported the following selected financial results:

Apogee Enterprises, Inc. (Nasdaq: APOG) announced today that its Board of Directors has declared a quarterly cash dividend of $0.25 per share. The dividend will be payable on July 25, 2024, to shareholders of record at the close of business on July 10, 2024.

Apogee Enterprises, Inc. (Nasdaq: APOG) will report its fiscal 2025 first quarter results on Thursday, June 27, 2024, before the market opens. The company will also host a conference call to discuss its financial results. This conference call will be webcast beginning at 8:00 a.m. Central Time, on June 27, 2024.

Apogee Enterprises, Inc. (Nasdaq: APOG) announced today that its Board of Directors has declared a quarterly cash dividend of $0.25 per share. The dividend will be payable on June 5, 2024, to shareholders of record at the close of business on May 21, 2024.

Apogee Enterprises, Inc. (Nasdaq: APOG) today reported its fiscal 2024 fourth-quarter and full-year results. The fourth-quarter and full-year results for fiscal 2024 include the impact of an additional week of operations compared to fiscal 2023. The Company reported the following selected financial results:

Apogee Enterprises, Inc. (Nasdaq: APOG) will report its fiscal 2024 fourth quarter and full-year results on Thursday, April 18, 2024, before the market opens. The company will also host a conference call to discuss its financial results. This conference call will be webcast beginning at 8:00 a.m. Central Time, on April 18, 2024.

Apogee Enterprises, Inc. (Nasdaq: APOG) today announced strategic actions to further streamline its business operations, enable a more efficient cost model, and better position the Company for profitable growth (referred to as “Project Fortify”).

Apogee Enterprises, Inc. (Nasdaq: APOG) announced today that its Board of Directors has declared a quarterly cash dividend of $0.25 per share, a 4% increase from its previous quarterly dividend rate of $0.24 per share. The dividend will be payable on February 14, 2024, to shareholders of record at the close of business on January 30, 2024. This marks Apogee’s eleventh consecutive year with a dividend increase, during which time the quarterly dividend has grown by 178%, from $0.09 per share to $0.25 per share.

Apogee Enterprises, Inc. (Nasdaq: APOG) today reported its fiscal 2024 third-quarter results. The Company reported the following selected financial results:

Apogee Enterprises, Inc. (Nasdaq: APOG) will report its fiscal 2024 third quarter results on Thursday, December 21, 2023, before the market opens. The company will also host a conference call to discuss its financial results. This conference call will be webcast beginning at 8:00 a.m. Central Time, on December 21, 2023.

Apogee Enterprises, Inc. (Nasdaq: APOG) today announced a transition in its segment leadership. Effective immediately, Brent C. Jewell will assume the role of President of Apogee’s Architectural Glass Segment. Brent will succeed Nick C. Longman, who has concurrently been named President of Apogee’s Architectural Framing Systems Segment.

Apogee Enterprises, Inc. (Nasdaq: APOG) announced today that its Board of Directors has declared a quarterly cash dividend of $0.24 per share. The dividend will be payable on November 8, 2023, to shareholders of record at the close of business on October 24, 2023.

Apogee Enterprises, Inc. (Nasdaq: APOG) today reported its fiscal 2024 second-quarter results. The Company reported the following selected financial results:

Apogee Enterprises, Inc. (Nasdaq: APOG) will report its fiscal 2024 second quarter results on Tuesday, September 19, 2023, before the market opens. The company will also host a conference call to discuss its financial results. This conference call will be webcast beginning at 8:00 a.m. Central Time, on September 19, 2023.

Apogee Enterprises, Inc. (Nasdaq: APOG) announced today that the Company has been invited to ring the Nasdaq opening bell on Tuesday, August 22, 2023, to commemorate the 40th anniversary of its listing on the Nasdaq exchange. Apogee’s Chief Executive Officer, Ty Silberhorn, will ring the bell, alongside Don Nolan, Chair of Apogee’s Board, and other members of the company’s management team.

Apogee Enterprises, Inc. (Nasdaq: APOG) today announced its fiscal 2024 first-quarter results. Net sales grew 1.4% to $361.7 million, led by strong growth in Architectural Glass, partially offset by lower net sales in Architectural Services. Diluted earnings per share ("EPS") increased 5% to $1.05, primarily driven by improved profitability in Architectural Glass.

Apogee Enterprises, Inc. (Nasdaq: APOG) announced today that its Board of Directors has declared a quarterly cash dividend of $0.24 per share. The dividend will be payable on July 27, 2023, to shareholders of record at the close of business on July 12, 2023.

Apogee Enterprises, Inc. (Nasdaq: APOG) will report its fiscal 2024 first quarter results on Friday, June 23, 2023, before the market opens. The company will also host a conference call to discuss its financial results. This conference call will be webcast beginning at 8:00 a.m. Central Time, on June 23, 2023.

Apogee Enterprises, Inc. (Nasdaq: APOG) announced today that its Board of Directors has declared a quarterly cash dividend of $0.24 per share. The dividend will be payable on May 24, 2023, to shareholders of record at the close of business on May 9, 2023.

Apogee Enterprises, Inc. (Nasdaq: APOG) today announced its fiscal 2023 fourth-quarter and full-year results. Fourth-quarter revenue grew 4.9 percent to $344.1 million, compared to $328.0 million in the fourth quarter of fiscal year 2022, led by double-digit growth in Architectural Framing Systems and Architectural Glass. Earnings per diluted share were $0.91, which included a discrete $1.1 million income tax benefit related to the Sotawall business. This compared to a net loss of $(0.67) per diluted share in the prior-year quarter, which included $55.8 million of pre-tax impairment and restructuring charges and a $19.5 million gain on the sale of assets. Adjusted earnings in this year’s fourth quarter were $0.86 per diluted share, compared to $0.91 in the prior-year period.1

Apogee Enterprises, Inc. (Nasdaq: APOG) will report its fiscal 2023 fourth quarter and full-year results on Wednesday, April 12, 2023, before the market opens. The company will also host a conference call to discuss its financial results. This conference call will be webcast beginning at 8:00 a.m. Central Time, on April 12, 2023.

Apogee Enterprises, Inc. (Nasdaq: APOG) announced today that it has selected Matt Osberg as the company’s next Executive Vice President and Chief Financial Officer, effective April 28, 2023. Mark Augdahl, who served as interim Chief Financial Officer during the company’s search process, will resume his role as Vice President of Finance for Apogee’s Architectural Glass segment.

Apogee Enterprises, Inc. (Nasdaq: APOG) announced today that its Board of Directors has declared a quarterly cash dividend of $0.24 per share, a nine percent increase from its previous quarterly dividend rate of $0.22 per share. The dividend will be payable on February 15, 2023, to shareholders of record at the close of business on January 31, 2023. This marks Apogee’s tenth consecutive year with a dividend increase, during which time the quarterly dividend has grown by 167 percent, from $0.09 per share to $0.24 per share.

Apogee Enterprises, Inc. (Nasdaq: APOG) today announced its fiscal 2023 third quarter results. Third-quarter revenue grew 10.1 percent to $367.8 million, compared to $334.2 million in the third quarter of fiscal year 2022, led by Architectural Framing Systems and Architectural Glass. Earnings per diluted share increased to $1.07, compared to $0.44 per diluted share in the prior-year quarter. Earnings in the prior-year quarter included $6.4 million of pre-tax restructuring and impairment costs. Excluding these costs, adjusted earnings in last year’s third quarter were $0.63 per diluted share.1

Apogee Enterprises, Inc. (Nasdaq: APOG) will report its fiscal 2023 third quarter results on Thursday, December 22, 2022, before the market opens. The company will also host a conference call to discuss its financial results. This conference call will be webcast beginning at 8:00 a.m. Central Time, on December 22, 2022.

Apogee Enterprises, Inc. (Nasdaq: APOG) announced today that its Board of Directors has declared a quarterly cash dividend of $0.22 per share. The dividend will be payable on November 9, 2022, to shareholders of record at the close of business on October 25, 2022.

Apogee Enterprises, Inc. (Nasdaq: APOG) today announced its fiscal 2023 second quarter results. Second-quarter revenue grew 14.2 percent to a record $372.1 million, compared to $325.8 million in the second quarter of fiscal year 2022, led by growth in Architectural Framing Systems and Architectural Services. Earnings per diluted share increased to $1.68, compared to a net loss of $(0.08) per diluted share in the prior-year quarter. Earnings in the quarter benefited from a $13.7 million income tax deduction for a worthless stock loss related to the Sotawall business. Earnings in the prior-year quarter included $20.8 million of pre-tax restructuring costs. Adjusted earnings, which exclude the impact of the tax deduction and restructuring costs, increased to a record $1.06 per diluted share, compared to $0.53 in the second quarter of fiscal 2022.1

Apogee Enterprises, Inc. (Nasdaq: APOG) will report its fiscal 2023 second quarter results on Tuesday, September 20, 2022, before the market opens. The company will also host a conference call to discuss its financial results. This conference call will be webcast beginning at 8:00 a.m. Central Time, on September 20, 2022.

Apogee Enterprises, Inc. (Nasdaq: APOG) announced today that it has completed the amendment and extension of its senior unsecured credit facility. The agreement increases the company’s unsecured revolving credit facility to $385 million and provides for an uncommitted accordion feature allowing for an additional $200 million of borrowing capacity. The company will repay its current $150 million senior unsecured term loan using proceeds from the increased revolving facility. The new amended credit facility will mature in 2027.

Apogee Enterprises, Inc. (Nasdaq: APOG) today announced the resignation of Nisheet Gupta as Chief Financial Officer, effective August 1, 2022. Mr. Gupta is leaving Apogee to pursue an opportunity outside of the industry. The company has appointed Mark Augdahl as interim Chief Financial Officer, effective upon Mr. Gupta’s departure.

Apogee Enterprises, Inc. (Nasdaq: APOG) announced today that its Board of Directors has declared a quarterly cash dividend of $0.22 per share. The dividend will be payable on July 27, 2022, to shareholders of record at the close of business on July 12, 2022.

Apogee Enterprises, Inc. (Nasdaq: APOG) today announced its fiscal 2023 first quarter results. First-quarter revenue grew 9.4 percent to $356.6 million, compared to $326.0 million in the first quarter of fiscal year 2022, led by growth in Architectural Framing Systems and Architectural Services. Earnings per diluted share increased to $1.00, compared to $0.42 per diluted share in the prior-year quarter, primarily driven by improved profitability in Architectural Framing Systems and Architectural Glass, and a lower share count.

Apogee Enterprises, Inc. (Nasdaq: APOG) will report its fiscal 2023 first quarter results on Thursday, June 23, 2022, before the market opens. The company will also host a conference call to discuss its financial results. This conference call will be webcast beginning at 8:00 a.m. Central Time, on June 23, 2022.

Apogee Enterprises, Inc. (Nasdaq: APOG) announced today that its Board of Directors has declared a quarterly cash dividend of $0.22 per share. The dividend will be payable on May 25, 2022, to shareholders of record at the close of business on May 10, 2022.

Apogee Enterprises, Inc. (Nasdaq: APOG) today announced its fiscal 2022 fourth-quarter and full-year results. Fourth-quarter revenue grew 6.3 percent to $328.0 million, compared to $308.6 million in the fourth quarter of fiscal year 2021, led by growth in Architectural Services and Architectural Framing Systems. The company reported a net loss of $(0.67) per diluted share in the fourth quarter, which included a non-cash, pre-tax impairment charge of $49.5 million in the Architectural Framing Systems segment, $6.3 million of pre-tax restructuring costs, and a $19.5 million gain on the sale of assets. This compares to a net loss of $(1.65) per diluted share in last year’s fourth quarter, which included $75 million of pre-tax impairment and restructuring costs. Adjusted earnings in this year’s fourth quarter were $0.91 per diluted share, up from $0.63 in the prior-year period.1

Apogee Enterprises, Inc. (Nasdaq: APOG) will report its fiscal 2022 fourth quarter and full-year results on Thursday, April 7, 2022, before the market opens. The company will also host a conference call to discuss its financial results. This conference call will be webcast beginning at 8:00 a.m. Central Time, on April 7, 2022.

Apogee Enterprises, Inc. (Nasdaq: APOG) announced today that its Board of Directors has declared a quarterly cash dividend of $0.22 per share, a ten percent increase from its previous quarterly dividend rate of $0.20 per share. The dividend will be payable on February 15, 2022 to shareholders of record at the close of business on January 31, 2022. This marks Apogee’s ninth consecutive year with a dividend increase, during which time the quarterly dividend has more than doubled, from $0.09 per share to $0.22 per share.

Apogee Enterprises, Inc. (Nasdaq: APOG) today announced its fiscal 2022 third-quarter results. Third-quarter revenue grew 6.6 percent to $334.2 million, compared to $313.6 million in the third quarter of fiscal year 2021, led by growth in Architectural Services and Architectural Framing Systems. Third quarter earnings were $0.44 per diluted share, which included $3.4 million of pre-tax costs related to previously announced restructuring actions and $3.0 million of pre-tax costs for the impairment of a minority equity investment. This compares to earnings of $1.42 per diluted share in last year’s third quarter, which included a pre-tax gain of $19.3 million on the sale of a building and $1.4 million of pre-tax costs related to COVID. Adjusted earnings in the third quarter were $0.63 per diluted share, compared to $0.90 in the third quarter of fiscal 2021.1

Apogee Enterprises, Inc. (Nasdaq: APOG) will report its fiscal 2022 third quarter results on Tuesday, December 21, 2021 before the market opens. The company will also host a conference call to discuss its financial results. This conference call will be webcast beginning at 8:00 a.m. Central Time, on December 21, 2021.

Apogee Enterprises, Inc. (Nasdaq: APOG) today will host its 2021 Investor Day, which will include presentations by Chief Executive Officer Ty Silberhorn, and other members of the executive leadership team. During the presentations, Apogee’s leadership team will discuss their strategic framework for driving profitable growth and improving return on invested capital over the next three years. The presentations will be followed by a question-and-answer session with management.

Apogee Enterprises, Inc. (Nasdaq: APOG) announced that it will provide a virtual webcast of its upcoming investor day presentation, which is scheduled for Tuesday, November 30, 2021. Ty Silberhorn, Apogee’s Chief Executive Officer, and other members of the company’s management team will discuss the company’s strategy and goals to deliver long-term profitable growth.

Apogee Enterprises, Inc. (Nasdaq: APOG) announced that it has entered into an agreement to sell its Architectural Glass facility located in Statesboro, Georgia to Cardinal Glass Industries. Apogee had previously announced its intent to close the Statesboro location as a part of a broader restructuring plan. Cardinal Glass plans to repurpose the facility to support its residential glass business. The transaction is expected to close in the fourth quarter of fiscal 2022, subject to certain closing conditions. Apogee expects to record a pre-tax gain on the sale of between $18 million to $20 million.

Apogee Enterprises, Inc. (Nasdaq: APOG) announced today that its Board of Directors has declared a quarterly cash dividend of $0.20 per share. The dividend will be payable on November 10, 2021 to shareholders of record at the close of business on October 26, 2021.

Apogee Enterprises, Inc. (Nasdaq: APOG) today announced its fiscal 2022 second-quarter results. Second-quarter revenue grew 2.0 percent to $325.8 million, compared to $319.5 million in the second quarter of fiscal year 2021, led by growth in Architectural Services and Large-Scale Optical. The company reported a net loss of $(0.08) per diluted share, which included $20.8 million of pre-tax costs related to previously announced restructuring actions. This compares to earnings of $0.67 per diluted share in the prior-year quarter, and $0.42 in the first quarter of fiscal 2022. Adjusted earnings, which exclude the impact of the restructuring costs, were $0.53 per diluted share, compared to $0.73 in the second quarter of fiscal 2021, and $0.42 in the first quarter of fiscal 2022.1

Apogee Enterprises, Inc. (Nasdaq: APOG) will report its fiscal 2022 second quarter results on Tuesday, September 21, 2021 before the market opens. The company will also host a conference call to discuss its financial results. This conference call will be webcast beginning at 8:00 a.m. Central Time, on September 21, 2021.

Apogee Enterprises, Inc. (Nasdaq: APOG) today announced plans to realign and simplify its business structure, bring a stronger focus to serving customers, enable a more competitive cost model, and better position the company for future growth and improved profitability. These actions are the initial steps in executing the company’s new enterprise strategy, which include:

Apogee Enterprises, Inc. (Nasdaq: APOG) announced today that its Board of Directors has declared a quarterly cash dividend of $0.20 per share. The dividend will be payable on July 29, 2021 to shareholders of record at the close of business on July 14, 2021.

Apogee Enterprises, Inc. (Nasdaq: APOG) will report its fiscal 2022 first quarter results on Friday, June 25, 2021 before the market opens. The company will also host a conference call to discuss its financial results and provide a business update. This conference call will be webcast beginning at 8:00 a.m. Central Time, on June 25, 2021.

Apogee Enterprises, Inc. (Nasdaq: APOG) announced today that its Board of Directors has declared a quarterly cash dividend of $0.20 per share. The dividend will be payable on May 25, 2021 to shareholders of record at the close of business on May 10, 2021.

Apogee Enterprises, Inc. (Nasdaq: APOG) today announced its fiscal 2021 fourth-quarter and full-year results and provided guidance for fiscal 2022. Fourth-quarter revenue was $308.6 million, compared to $337.1 million in the fourth quarter of fiscal year 2020, reflecting market-related volume declines in Architectural Framing Systems and Architectural Glass, partially offset by growth in Architectural Services. The company reported a net loss of $(1.65) per diluted share in the fourth quarter, which included non-cash, pre-tax impairment charges of $70.1 million in the Architectural Framing Systems segment, $4.9 million of restructuring costs, and $0.9 million of costs related to COVID. This compares to earnings of $0.45 per diluted share in the fourth quarter of fiscal 2020. Adjusted earnings, which exclude the impact of these charges, were $0.63 per diluted share, up from $0.50 in the prior-year period1.