APOGEE ENTERPRISES INC
For the period ended Apr 18, 2024. Filed Apr 18, 2024.
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A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
Apr 18, 2024 · Filed Apr 18, 2024
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Contents
EX-99.1 · Architectural Framing Systems
Architectural Framing Systems
Architectural Framing Systems net sales were $139.2 million, compared to $148.6 million, primarily reflecting lower volume. Operating income was $6.8 million, which included $6.0 million of restructuring charges related to Project Fortify. Adjusted operating income was $12.8 million, or 9.2% of net sales, compared to $15.6 million, or 10.5% of net sales, primarily reflecting the impact of lower volume and a less favorable mix of projects, partially offset by the impact of cost savings initiatives. Segment backlog 2 at the end of the quarter was $200.7 million, an increase of 9.1% compared to $183.9 million at the end of the third fiscal quarter.
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