NASDAQ$APOG
Apogee Enterprises Inc · Q2 2025 earnings
Q2 2025 earnings · · Investor relations
Briefing
Apogee Enterprises reported second quarter fiscal 2025 results, showing improved profitability despite a slight sales decrease.
Apogee Enterprises reported a 3.2% decrease in net sales to $342.4 million. However, the company improved its operating margin to 12.3% and adjusted operating margin to 12.6%. Diluted EPS was $1.40, while adjusted diluted EPS increased by 6% to $1.44. The company is raising its full-year EPS outlook.
- Net sales decreased by 3.2% to $342 million due to lower volume, partially offset by improved pricing and mix.
- Operating margin improved to 12.3%, and adjusted operating margin increased by 110 bps to 12.6%.
- Diluted EPS was $1.40, with adjusted diluted EPS increasing by 6% to $1.44.
- The company is raising its full-year EPS outlook.
Headline financials
Revenue & EPS history
Apogee Enterprises · Revenue · Quarterly
$342M
Revenue by segment
Apogee Enterprises · $350M total across 4 segments · Q1 2027
- Architectural Metals$122M—35.0%
- Architectural Services$115M—33.0%
- Architectural Glass$67.7M—19.4%
- Performance Surfaces$44.3M—12.7%
Forward guidance
The Company continues to expect a full-year net sales decline in the range of 4% to 7%. The Company is increasing its outlook for full-year diluted EPS to a range of $4.81 to $5.08 and adjusted diluted EPS to a range of $4.90 to $5.20.
Tailwinds
- Full-year diluted EPS outlook increased to a range of $4.81 to $5.08.
- Adjusted diluted EPS outlook increased to a range of $4.90 to $5.20.
- Expects a total of $15 million to $16 million of pre-tax charges in connection with Project Fortify.
- Updated annualized cost savings of $13 million to $14 million from Project Fortify.
- Continues to expect an effective tax rate of approximately 24.5%.
Headwinds
- Continues to expect a full-year net sales decline in the range of 4% to 7%.
- Approximately 2 percentage points of decline related to fiscal 2025 reverting to a 52-week year.
- Approximately 1 percentage point of decline related to the actions of Project Fortify.
- Incremental net sales of approximately $30 million expected from UW Solutions acquisition, assuming closing on November 1, 2024.
- Expects a decrease in adjusted diluted EPS of approximately $0.10 due to increased interest and amortization expense related to the UW Solutions acquisition.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q2 2025
-0.2%
Avg return
Earnings day
-1.9%
Avg return
5 days after
+0.5%
Avg return
30 days after
49%
32 / 65 earnings
Positive
+15.2%
Q2 2025
Best reaction
-26.2%
Q3 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2027 | — | — | — | |
| Q4 2026 | +0.3% | +0.1% | +0.6% | |
| Q3 2026 | -14.0% | -6.3% | +12.1% | |
| Q2 2026 | -4.5% | -7.7% | -16.9% | |
| Q1 2026 | -3.1% | -3.6% | +0.3% | |
| Q4 2025 | -12.7% | -12.1% | -15.8% | |
| Q3 2025 | -26.2% | -28.7% | -28.6% | |
| Q2 2025 | +15.2% | +13.8% | +10.8% | |
| Q1 2025 | +6.1% | +3.9% | +15.0% | |
| Q4 2024 | +3.6% | +2.3% | +18.4% | |
| Q3 2024 | +4.4% | +4.5% | +3.3% | |
| Q2 2024 | -1.8% | -3.6% | -13.7% | |
| Q1 2024 | +9.2% | +8.8% | +4.7% | |
| Q4 2023 | -0.2% | +2.8% | -8.7% | |
| Q3 2023 | -2.1% | -1.6% | -1.4% | |
| Q2 2023 | +3.1% | -1.4% | +6.4% | |
| Q1 2023 | +10.9% | +3.9% | +6.4% | |
| Q4 2022 | -6.1% | -4.3% | -8.3% | |
| Q3 2022 | +13.6% | +12.1% | +8.7% | |
| Q2 2022 | -3.4% | -3.7% | +2.0% | |
| Q1 2022 | +4.9% | +5.5% | -0.2% | |
| Q4 2021 | -7.4% | -8.7% | -7.2% | |
| Q3 2021 | +1.1% | +1.7% | +14.5% | |
| Q2 2021 | +8.9% | -2.3% | +23.5% | |
| Q1 2021 | +4.9% | -0.4% | +0.3% | |
| Q4 2020 | -1.6% | -3.8% | +10.9% | |
| Q3 2020 | -20.9% | -19.7% | -14.6% | |
| Q2 2020 | +1.8% | -1.1% | -9.5% | |
| Q1 2020 | +10.3% | +9.4% | +4.4% | |
| Q4 2019 | -4.6% | -1.4% | +2.4% | |
| Q3 2019 | -12.4% | -10.2% | +11.1% | |
| Q2 2019 | -13.4% | -10.8% | -22.1% | |
| Q1 2019 | +11.5% | +10.9% | +13.9% | |
| Q4 2018 | -5.9% | -1.9% | -1.3% | |
| Q3 2018 | -14.0% | -11.6% | -11.6% | |
| Q2 2018 | -1.0% | +3.4% | +2.4% | |
| Q1 2018 | -5.4% | -6.6% | -8.5% | |
| Q4 2017 | -10.1% | -10.6% | -8.1% | |
| Q3 2017 | +1.5% | +4.9% | +17.3% | |
| Q2 2017 | -2.7% | +0.1% | -1.3% | |
| Q1 2017 | +4.6% | -3.0% | +8.1% | |
| Q4 2016 | +4.0% | — | — | |
| Q3 2016 | +0.1% | — | — | |
| Q2 2016 | -3.6% | — | — | |
| Q1 2016 | -2.3% | — | — | |
| Q4 2015 | +11.6% | — | — | |
| Q3 2015 | +3.7% | — | — | |
| Q2 2015 | +10.4% | — | — | |
| Q1 2015 | +9.6% | — | — | |
| Q4 2014 | +1.4% | — | — | |
| Q3 2014 | +5.0% | — | — | |
| Q2 2014 | -0.9% | — | — | |
| Q1 2014 | +4.6% | — | — | |
| Q4 2013 | -11.0% | — | — | |
| Q3 2013 | +5.9% | — | — | |
| Q2 2013 | +13.4% | — | — | |
| Q1 2013 | +4.0% | — | — | |
| Q4 2010 | -1.8% | — | — | |
| Q4 2012 | -5.5% | — | — | |
| Q3 2011 | +0.2% | — | — | |
| Q3 2012 | +11.5% | — | — | |
| Q4 2011 | -3.4% | — | — | |
| Q2 2011 | -3.4% | — | — | |
| Q2 2012 | -0.4% | — | — | |
| Q1 2012 | -2.5% | — | — | |
| Q1 2011 | -3.8% | — | — |
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