APOGEE ENTERPRISES INC
For the period ended Aug 31, 2024. Filed Oct 4, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Aug 31, 2024 · Filed Oct 4, 2024
APOG$45.77-0.3%Stored close · as of Nov 6, 2026
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Consolidated Results of Operations
| Three Months Ended | Six Months Ended | |||
|---|---|---|---|---|
| (In thousands, except per share data) | August 31, 2024 | August 26, 2023 | August 31, 2024 | August 26, 2023 |
| Net sales | $342,440 | $353,675 | $673,956 | $715,388 |
| Cost of sales | 245,119 | 258,304 | 477,780 | 527,031 |
| Gross profit | 97,321 | 95,371 | 196,176 | 188,357 |
| Selling, general and administrative expenses | 55,356 | 54,818 | 112,830 | 114,037 |
| Operating income | 41,965 | 40,553 | 83,346 | 74,320 |
| Interest expense, net | 1,140 | 2,230 | 1,590 | 4,266 |
| Other income, net | 290 | 4,900 | 433 | 4,612 |
| Earnings before income taxes | 41,115 | 43,223 | 82,189 | 74,666 |
| Income tax expense | 10,549 | 9,896 | 20,612 | 17,763 |
| Net earnings | $30,566 | $33,327 | $61,577 | $56,903 |
| Basic earnings per share | $1.40 | $1.54 | $2.83 | $2.61 |
| Diluted earnings per share | $1.40 | $1.52 | $2.80 | $2.57 |
| Weighted average basic shares outstanding | 21,762 | 21,708 | 21,793 | 21,813 |
| Weighted average diluted shares outstanding | 21,875 | 21,962 | 21,985 | 22,105 |
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