Apogee raises fiscal 2027 guidance after second-quarter sales rise
Apogee Enterprises raised its fiscal 2027 adjusted diluted EPS outlook to $3.00–$3.40 from $2.70–$3.25 and its net sales outlook to $1.46 billion–$1.50 billion from $1.38 billion–$1.43 billion. Second-quarter net sales rose 9.2% to $391.1 million, supported by the Kalwall acquisition, pricing and favorable product mix.
Why it matters — APOG watchers may note the higher full-year earnings and sales outlook following the second-quarter sales increase.