Apogee raises fiscal 2027 EPS guidance as Q2 sales rise 9.2% to $391.1 million
Apogee Enterprises reported fiscal second-quarter 2027 net sales up 9.2% to $391.1 million and adjusted diluted EPS of $1.17, up from $0.98. GAAP diluted EPS fell 2.7% to $1.07 and net earnings fell 5.4%. The company raised its fiscal 2027 adjusted diluted EPS guidance to $3.00-$3.40 from $2.70-$3.25, which matters to shareholders because it reflects higher expected earnings, though GAAP profit declined in the quarter.
Key points
- Q2 net sales rose 9.2% to $391.1 million, including a $16.4 million contribution from the Kalwall acquisition
- Q2 GAAP diluted EPS was $1.07 versus $1.10; net earnings were $22.4 million versus $23.6 million
- Q2 adjusted diluted EPS was $1.17 versus $0.98, a 19.4% increase
- Fiscal 2027 net sales guidance raised to $1.46 billion-$1.50 billion from $1.38 billion-$1.43 billion
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:59 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 06, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.