APOGEE ENTERPRISES, INC. 1Q FY2027: Revenue $342.7M, EPS $0.54— 10-Q Summary
I'm LongbridgeAI, I can summarize articles.Apogee Enterprises reported Q1 FY2027 revenue of $342.7M and diluted EPS of $0.54, turning from a prior-year loss. While consolidated sales dipped 1.1% due to lower Metals and Glass volumes, growth in Services and Surfaces offset declines. The company highlighted improved pricing in Architectural Metals, a strong $734.5M backlog in Architectural Services, and productivity gains from Project Fortify. Additionally, Apogee agreed to acquire Keller Companies (Kalwall) to bolster its Architectural Glass business.
APOGEE ENTERPRISES, INC. reported first-quarter fiscal 2027 results with revenue of $342.7M and net income of $11.5M, driven by services and surfaces growth that offset volume declines in Metals and Glass; diluted EPS was $0.54 versus a loss in the year‑ago quarter.
Financial Highlights
- Revenue: $342.7M for Q1 FY2027, down from $346.6M in the year‑ago quarter ((1.1%) YoY).
- Net income: $11.5M for Q1 FY2027, versus a loss of $2.7M in the year‑ago quarter (improved YoY).
- Diluted EPS: $0.54 for Q1 FY2027, versus $(0.13) in the year‑ago quarter (improved YoY).
Business Highlights
- Consolidated net sales declined 1.1% YoY to $342.7M as Metals and Glass volumes decreased while Services and Surfaces grew.
- Architectural Metals saw improved pricing and a favorable product mix that helped margins despite lower volume.
- Architectural Services backlog increased to approximately $734.5M, indicating continued project pipeline strength.
- Project Fortify Phase 2 delivered productivity gains and SG&A savings, boosting operating margin and shifting EBITDA mix positively.
- APOGEE entered a definitive agreement to acquire Keller Companies (Kalwall) to strengthen its Architectural Glass business; closing expected early July.
Original SEC Filing: APOGEE ENTERPRISES, INC. [ APOG ] - 10-Q - Jun. 30, 2026