STOCK TITAN

Apogee Enterprises Inc. - APOG STOCK NEWS

Welcome to our dedicated news page for Apogee Enterprises (Ticker: APOG), a resource for investors and traders seeking the latest updates and insights on Apogee Enterprises.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Apogee Enterprises's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Apogee Enterprises's position in the market.

Rhea-AI Summary
Apogee Enterprises, Inc. (Nasdaq: APOG) reported a 5% increase in fourth-quarter net sales to $362 million, with diluted EPS of $0.71 and adjusted diluted EPS growing 33% to $1.14. Full-year net sales reached $1.42 billion, with full-year diluted EPS of $4.51 and adjusted diluted EPS increasing 20% to $4.77. Operating margin improved to 9.4% for the full year. The company provided an initial outlook for fiscal 2025, expecting a net sales decline of 4% to 7% and diluted EPS in the range of $4.25 to $4.55.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.01%
Tags
-
Rhea-AI Summary
Apogee Enterprises, Inc. (APOG) will announce its fiscal 2024 fourth quarter and full-year results on April 18, 2024. The company will hold a conference call to discuss the financial results, accessible via webcast. Investors can access the webcast through the Investors section of Apogee's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.19%
Tags
-
Rhea-AI Summary
Apogee Enterprises, Inc. (APOG) has announced 'Project Fortify' to streamline business operations and improve cost structure. The strategic changes include consolidating AFS into a single operating entity, transferring production operations, simplifying the brand portfolio, and optimizing processes. The company expects to incur pre-tax charges of $16-18 million and reduce its workforce by approximately 250 employees, leading to annualized cost savings of $12-14 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.23%
Tags
none
Rhea-AI Summary
Apogee Enterprises, Inc. (Nasdaq: APOG) has declared a quarterly cash dividend of $0.25 per share, a 4% increase from its previous rate. This marks the company's eleventh consecutive year with a dividend increase, and the quarterly dividend has grown by 178% over that time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.61%
Tags
dividends
-
Rhea-AI Summary
Apogee Enterprises, Inc. (Nasdaq: APOG) reports 15% growth in diluted EPS to $1.23 and 7.6% decline in net sales to $339.7 million for the third quarter of fiscal 2024. Operating margin expands 170 bps to 11.1%, and cash flow from operations increases to $129 million year-to-date. The company updates its full-year adjusted diluted EPS outlook to a range of $4.55 to $4.70.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.07%
Tags
-
Rhea-AI Summary
Apogee Enterprises, Inc. (Nasdaq: APOG) will report its fiscal 2024 third quarter results on December 21, 2023. The company will host a conference call to discuss its financial results, with the webcast available through the Investors section of the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.62%
Tags
Rhea-AI Summary
Apogee Enterprises announces transition in segment leadership
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.03%
Tags
management
-
Rhea-AI Summary
Apogee Enterprises, Inc. declares quarterly cash dividend and increases share repurchase authorization.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.64%
Tags
buyback dividends
-
Rhea-AI Summary
Apogee Enterprises, Inc. reports Q2 2024 results with net sales of $354 million and diluted EPS of $1.52. Operating margin reaches 11.5%, up from 8.6% in last year's Q2. Adjusted diluted EPS grows 28% to a record $1.36. Increasing full-year adjusted diluted EPS outlook to a range of $4.35 to $4.65.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.1%
Tags
Rhea-AI Summary
Apogee Enterprises, Inc. (Nasdaq: APOG) will report its fiscal 2024 second quarter results on Tuesday, September 19, 2023, before the market opens.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.04%
Tags
Apogee Enterprises Inc.

Nasdaq:APOG

APOG Rankings

APOG Stock Data

1.24B
21.58M
1.81%
96.12%
5.26%
Glass Product Manufacturing Made of Purchased Glass
Manufacturing
Link
US
Minneapolis

About APOG

apogee, headquartered in minneapolis, mn, provides distinctive value-added glass solutions for enclosing commercial buildings and framing art. our companies engineer, fabricate, install and repair the walls of glass and windows that enclose buildings and often provide energy efficiency, hurricane protection or blast protection. for picture framing, our glass reduces reflectivity and fading from sunlight. our company: apogee transforms plain glass to create distinctive solutions for architects, building owners, contractors, picture framers and others. our glass and aluminum window, storefront and curtainwall systems make commercial buildings look great, reduce energy consumption and protect against hurricanes and blasts. apogee's glass also reduces fading and reflection for picture framing customers. we combine the expertise of our people to engineer glass and metal building façades, complete massive orders for skyscrapers on time, and manage complex window, curtainwall and storefro