APOGEE ENTERPRISES INC
For the period ended Oct 4, 2024. Filed Oct 4, 2024.
View on SEC.govAbout this filing
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.
Oct 4, 2024 · Filed Oct 4, 2024
Use the contents to explore the available documents and sections.
Contents
EX-99.1 · Architectural Services
Architectural Services
Architectural Services net sales grew 11.3% to $98.0 million, primarily due to a more favorable mix of projects and increased volume. Operating income improved to $6.1 million, or 6.3% of net sales, which included $0.3 million of restructuring charges related to Project Fortify. Adjusted operating income increased to $6.4 million, or 6.5% of net sales, compared to $3.5 million, or 4.0% of net sales. The 250 basis point improvement in adjusted operating margin was primarily driven by a more favorable mix of projects, partially offset by higher compensation-related expenses and higher lease expense. Segment backlog 2 at the end of the quarter was $792.1 million, compared to $866.9 million at the end of the first quarter.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.