Apogee Enterprises reported second-quarter net sales rose 9.2% to $391.1 million and raised its fiscal 2027 adjusted diluted EPS guidance to $3.00-$3.40 from $2.70-$3.25. Diluted EPS for the quarter ended August 29, 2026, was $1.07, while adjusted diluted EPS rose 19.4% to $1.17, and operating income increased 24.5% to $33.5 million as operating margin widened 110 basis points to 8.6%. The company said the sales gain was driven by a $16.4 million contribution from the Kalwall acquisition, price, and favorable mix, partially offset by lower volume, and it also advanced strategic priorities through the acquisitions of Kalwall and Groglass. Apogee now expects fiscal 2027 net sales of $1.46 billion to $1.50 billion, up from its previous range of $1.38 billion to $1.43 billion, assuming interest expense of approximately $15 million, an adjusted effective tax rate of approximately 26%, and capital expenditures between $35 million and $40 million. Executive Chair and Chief Executive Officer Don Nolan said the results exceeded expectations on strong execution and that early performance at Kalwall has been encouraging.
Apogee Enterprises IncApogee raised fiscal 2027 EPS and sales guidance after Q2 adjusted EPS rose 19.4% and operating income grew 24.5%.
Central Holding Group Co Ltd