Welcome to our dedicated page for Atkore news (Ticker: ATKR), a resource for investors and traders seeking the latest updates and insights on Atkore stock.
Atkore Inc. reports developments for a manufacturer of electrical infrastructure products, including conduit, cable, installation accessories, metal framing and cable-management solutions. Its products serve commercial, industrial, data center, telecommunications, solar, non-residential construction and renovation markets through contractors, electrical wholesalers, OEMs and end users.
Atkore news commonly covers quarterly results, volume trends, productivity initiatives, Adjusted EBITDA, dividends, investor presentations and conference participation. Updates also reflect portfolio management, including completed divestitures of HDPE pipe and conduit, surface protection and powder coating operations in Belgium, and the Tectron mechanical tube product line, as well as disclosures related to litigation settlements.
Atkore announced the publication of Environmental Product Declarations (EPDs) for its Galvanized Steel, Stainless Steel, and PVC Conduit & Fittings portfolios. Verified by an independent third party, these EPDs assess environmental impacts like greenhouse gas emissions, energy use, water consumption, and waste generation. CEO Bill Waltz highlighted Atkore's commitment to sustainability and its leadership in the electrical industry. EPDs help customers make informed decisions, support Scope 3 carbon calculations, and contribute to green building certifications. Recognized by Newsweek and USA Today for sustainability, Atkore will continue publishing EPDs to add value to customers.
Atkore Inc. announced second quarter 2024 results, with net sales of $792.9 million, down 11.5% from the prior year. Net income per diluted share decreased by $0.64 to $3.67, while adjusted net income per diluted share decreased by $0.79 to $4.08. Full-year Adjusted EBITDA outlook is $850 - $900 million. The company declared a quarterly cash dividend of $0.32 per share.
Atkore Inc., a leading manufacturer of electrical products, declared a quarterly cash dividend of $0.32 per share of common stock. The dividend is payable on May 31, 2024, to stockholders of record on May 21, 2024.
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