Open report — full analysis, no account required.
Sign up to generate reports and read filings that aren't on the open list.
Get notified when APOG files again. Create a free account and we'll email you the moment its next filing is analyzed.
Get filing alertsApogee raises FY27 guidance after Q2 sales rise 9.2% to $391.1M, adjusted EPS up 19.4%
Filed October 6, 2026 · Period ending October 6, 2026 · ~1 min read
Key Changes
-
high
Q2 FY27 net sales rose 9.2% to $391.1 million, driven by the Kalwall acquisition, price, and favorable mix, partially offset by lower volume.
Exhibit 99.1 view on EDGAR → -
high
Adjusted diluted EPS increased 19.4% to $1.17 from $0.98, while GAAP diluted EPS declined to $1.07 from $1.10.
Exhibit 99.1 view on EDGAR → -
high
FY27 guidance raised: net sales now expected at $1.46B–$1.50B (prior $1.38B–$1.43B) and adjusted diluted EPS at $3.00–$3.40 (prior $2.70–$3.25).
Exhibit 99.1 view on EDGAR → -
medium
Completed Kalwall acquisition on July 1, 2026, contributing $16.4 million to Q2 net sales; Groglass acquisition pending.
Exhibit 99.1 view on EDGAR → -
medium
Returned $27.3 million to shareholders year-to-date via $16.1 million in share repurchases and $11.2 million in dividends.
Exhibit 99.1 view on EDGAR →
Summary
Apogee Enterprises reported strong second-quarter fiscal 2027 results, with net sales up 9.2% to $391.1 million and adjusted diluted EPS up 19.4% to $1.17. The company raised its full-year guidance, now expecting net sales of $1.46 billion to $1.50 billion and adjusted diluted EPS of $3.00 to $3.40, citing stronger-than-expected first-half performance and contributions from recent acquisitions. The Kalwall acquisition, completed July 1, 2026, added $16.4 million to quarterly sales, and the pending Groglass acquisition is expected to further support growth.
Apogee also returned $27.3 million to shareholders through buybacks and dividends in the first half of the fiscal year. The results reflect solid execution and strategic progress, with no red flags identified in the filing.
Section-by-Section Diff
Event · Exhibit 99.1
Added in current filing · view on EDGAR →
the Company is raising its fiscal 2027 outlook. The Company now expects net sales in the range of $1.46 billion to $1.50 billion, compared with its previous range of $1.38 billion to $1.43 billion, and adjusted diluted EPS in the range of $3.00 to $3.40, compared with its previous range of $2.70 to $3.25.
Management raised full-year fiscal 2027 guidance for both net sales and adjusted diluted EPS, citing stronger-than-expected first-half performance and anticipated contributions from the Kalwall and Groglass acquisitions.
Thanks — your feedback helps us improve report quality.
Figures/quotes linked to EDGAR · Narrative written by AI · Oct 7, 2026 · How we verify