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Apogee Enterprises Inc (APOG.OQ)

APOG.OQ on NASDAQ Stock Exchange Global Select Market

53.15USD
26 May 2017
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Latest Key Developments (Source: Significant Developments)

Apogee to acquire window company EFCO Corp for $195 mln
Monday, 1 May 2017 09:00am EDT 

May 1 (Reuters) - Apogee Enterprises Inc :Apogee announces agreement to acquire window company, EFCO Corporation, for $195 million.Apogee Enterprises Inc - is funding EFCO acquisition from cash and its recently expanded credit facility.Apogee Enterprises Inc - expect to generate $10 million to $15 million in annual synergies and operational efficiencies by fiscal 2020.Apogee Enterprises Inc expects acquisition to generate cash and be accretive to Apogee's EBITDA and EPS, excluding transaction costs, this fiscal year.Says Apogee is funding EFCO acquisition from cash and its recently expanded credit facility.Apogee Enterprises - EFCO will be ninth independent operating unit in Apogee portfolio and reported as part of architectural framing systems segment.  Full Article

Apogee Q4 earnings per share $0.80
Thursday, 13 Apr 2017 06:30am EDT 

Apogee Enterprises Inc : Apogee reports record fy17 results . Q4 earnings per share $0.80 . Q4 revenue $314 million . Apogee enterprises inc - we expect to drive revenue growth of about 10 percent and deliver earnings of $3.35 to $3.55 per diluted share in 2018 . Apogee enterprises inc - in fy18 expect to drive revenue growth of approximately 10 percent and deliver earnings of $3.35 to $3.55 per diluted share . Fiscal 2018 gross margin is expected to be approximately 28 percent and operating margin approximately 12.5 percent . Apogee enterprises inc - fy18 capital expenditures are anticipated to be $50 million to $60 million . Apogee enterprises inc - expects mid-single digit u.s. Commercial construction market growth in fiscal year 2018 .Fy2018 earnings per share view $3.48, revenue view $1.26 billion -- Thomson Reuters I/B/E/S.  Full Article

Apogee Enterprises acquires curtainwall company, Sotawall Inc
Wednesday, 14 Dec 2016 10:00am EST 

Apogee Enterprises Inc : Says deal for approximately $135 million . Apogee delivering on growth strategies: acquires N. American curtainwall company, Sotawall Inc. . deal for approximately $135 million . Apogee funded acquisition from cash and its credit facility. .Sotawall EBITDA margins will be accretive to co and architectural framing systems segment, accretive to earnings in fiscal 2018.  Full Article

Apogee Q1 earnings per share $0.61
Wednesday, 22 Jun 2016 04:44pm EDT 

Apogee Enterprises Inc : Apogee enterprises inc says q1 backlog of $509.7 million was up 8 percent . Maintaining fy 2017 outlook for revenue growth of approximately 10 percent . Fiscal 2017 capital expenditures are anticipated to be approximately $60 million . Says Expects Mid-Single digit u.s. Commercial construction market growth in fiscal 2017 . Apogee enterprises inc sees 2017 gross margin is expected to be greater than 26 percent and operating margin at least 11 percent . Fy2017 earnings per share view $2.72, revenue view $1.08 billion -- Thomson Reuters I/B/E/S . Apogee enterprises inc says q1 operating margin was 10.6 percent, up 300 basis points . Apogee delivers strong fy17 q1 eps growth; raises eps guidance . Q1 earnings per share $0.61 . Q1 revenue $247.9 million versus I/B/E/S view $247.2 million . Q1 earnings per share view $0.49 -- Thomson Reuters I/B/E/S . Sees fy 2017 earnings per share $2.70 to $2.85 .Sees fy 2017 revenue up about 10 percent.  Full Article

Apogee Enterprises Inc raises quarterly cash dividend 14 percent to $0.125 per share
Wednesday, 13 Jan 2016 05:43am EST 

Apogee Enterprises Inc:Declared a quarterly cash dividend of $0.125 per share, payable on February 17, 2016, to shareholders of record on February 2, 2016.Dividend of $0.125 per share represents an increase of 14 percent from the previous quarterly dividend of $0.11 per share.Also increased its existing share repurchase authorization by 1 million shares, bringing the total available share repurchase program to approximately 1.4 million shares.  Full Article

Apogee Enterprises reaffirms FY 2016 guidance
Wednesday, 16 Sep 2015 04:30pm EDT 

Apogee Enterprises Inc:Revises FY 2016 revenue outlook to high single digit growth, from 10 to 15 pct.Maintains FY 2016 EPS outlook of $2.10 to $2.25.Reported revenue of 933.9 mln in FY 2015.FY 2016 revenue of $1.06 bln and EPS of $2.38 - Thomson Reuters I/B/E/S.  Full Article

Apogee Enterprises Inc declares quarterly cash dividend
Thursday, 25 Jun 2015 04:14pm EDT 

Apogee Enterprises Inc:Declared a quarterly cash dividend of $0.11 per share.Payable on July 30 to shareholders of record on July 15.  Full Article

Apogee Enterprises Inc raises FY 2016 EPS guidance; reaffirms FY 2016 revenue guidance
Wednesday, 24 Jun 2015 05:39pm EDT 

Apogee Enterprises Inc:Increases FY 2016 earnings per share outlook to $2.10 to $2.25, from $2.05 to $2.20.Continues to expect FY 2016 revenue growth of 10 to 15 percent.Reported revenue of $933.9 million in FY 2015.FY 2016 revenue of $1.06 billion and EPS of $2.13 - Thomson Reuters I/B/E/S.  Full Article

More From Around the Web

BRIEF-Apogee to acquire window company EFCO Corp for $195 mln

* Apogee announces agreement to acquire window company, EFCO Corporation, for $195 million