APOGEE ENTERPRISES INC
For the period ended Apr 24, 2025. Filed Apr 24, 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.
Apr 24, 2025 · Filed Apr 24, 2025
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Contents
EX-99.1 · Architectural Services
Architectural Services
Net sales increased 10.9% to $117.9 million, primarily due to increased volume and a more favorable mix of projects, partially offset by an 8.4% unfavorable impact from the additional week in the prior year. Operating income improved to $8.6 million. Adjusted operating income increased to $8.5 million, or 7.2% of net sales, compared to $6.1 million, or 5.8% of net sales. The improved adjusted operating margin was primarily driven by a more favorable mix of projects, partially offset by higher short-term incentive compensation and lease expenses. Segment backlog 5 at the end of the quarter was $720.3 million, compared to $742.2 million at the end of the third quarter.
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