APOGEE ENTERPRISES INC
For the period ended Jan 7, 2025. Filed Jan 7, 2025.
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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.
Jan 7, 2025 · Filed Jan 7, 2025
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EX-99.1 · Architectural Services
Architectural Services
Architectural Services net sales grew 10.8% to $104.9 million, primarily due to a more favorable mix of projects and increased volume. Operating income improved to $9.7 million. Adjusted operating income increased to $9.0 million, or 8.6% of net sales, compared to $5.3 million, or 5.6% of net sales. The improvement in adjusted operating margin was primarily driven by a more favorable mix of projects, partially offset by higher incentive compensation and lease expenses. Segment backlog 2 at the end of the quarter was $742.2 million, compared to $792.1 million at the end of the second quarter.
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