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 · Performance Surfaces
Performance Surfaces
Net sales increased 76.7% to $47.9 million. This included a 0.5% organic business sales decline, an 8.3% unfavorable impact from the extra week in the prior year, and 85.4% of favorable inorganic contribution from the UW Solutions acquisition. Operating income was $6.1 million, or 12.8% of net sales, which included $3.2 million of acquisition-related costs. Adjusted operating income was $9.3 million, or 19.5% of net sales, compared to $6.9 million, or 25.6% of net sales. The lower adjusted operating margin was primarily driven by the dilutive impact of lower adjusted operating margin from UW Solutions, and the unfavorable sales leverage impact of lower organic volume, partially offset by improved productivity.
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