Apogee Enterprises reports Q2 FY27 results and raises FY27 outlook
Apogee Enterprises posted second‑quarter fiscal 2027 revenue of $391.1 million, a 9.2% year‑over‑year increase, with net income of $22.38 million and diluted EPS of $1.07. The company announced adjusted EPS of $1.17 for the quarter and raised its full‑year FY27 guidance to $1.46 billion‑$1.50 billion in sales and $3.00‑$3.40 in EPS. The update follows acquisitions of Kalwall and GrowGlass and includes a $0.27 quarterly dividend and a $6.4 million stock repurchase.
Why it matters
The company expects the higher sales and earnings outlook to support its share price, and the dividend and buyback provide immediate cash returns to shareholders (the company announced).
Key facts
- 1Revenue was $391.1 million, up 9.2% YoY. tradingview.com
- 2Net income was $22.38 million, down 5.3% YoY. tradingview.com
- 3Diluted EPS was $1.07 for the quarter. tradingview.com
- 4Adjusted EPS for the quarter was $1.17, a 19% increase. finance.yahoo.com
- 5FY27 net sales guidance was raised to $1.46 billion‑$1.50 billion. tradingview.com
- 6FY27 adjusted EPS guidance was raised to $3.00‑$3.40. tradingview.com
Summary written by AlphAI from 8 of 8 sources. Not investment advice. Figures are as stated by the linked sources.