Apogee Enterprises (APOG) Q1 2026 Earnings - Full Coverage

Описание: Apogee Enterprises (NASDAQ: APOG) delivered stronger-than-expected Q1 2026 results, driven by momentum in Glass, Services, and Performance Surfaces. Net sales rose 4.6% YoY to $346.6M, aided by the acquisition of UW Solutions, while adjusted EPS came in at $0.56 despite headwinds from tariffs and aluminum costs. The company raised its full-year outlook for both revenue ($1.4B–$1.44B) and EPS ($3.80–$4.20), citing ongoing improvements in margins, strong M&A pipeline, and cost savings from Project Fortify Phase 2. Segment performance was mixed, with Services achieving its fifth straight quarter of growth, while Metals rebounded from operational issues and Glass expects sequential gains starting Q3.

💡 *Investment Sentiment**: **Hold* – Solid long-term fundamentals with positive earnings momentum, but near-term margin pressure from tariffs and mixed demand across segments temper aggressive positioning.

💼 **Suggested Portfolio Allocation**: 2–3% in a diversified industrials strategy.
💰 **Cash Position Note**: Always maintain 15–20% in cash to capitalize on volatility and strategic entry points.

⏱️ *Timestamps*
00:00 – Operator Introduction
00:43 – Legal Disclaimer & Forward-Looking Statement
02:06 – CEO Ty Silberhorn: Q1 Results Summary
03:53 – Segment Highlights: Glass, Metals, Surfaces
05:42 – Raising FY2026 Revenue & EPS Guidance
07:18 – CFO Matt Osberg: Financial Details
09:14 – Balance Sheet & Tariff Mitigation Strategy
10:55 – Full-Year Outlook Update
11:45 – CEO Concluding Remarks
13:13 – Q&A: D.A. Davidson
15:34 – Segment Margin Expectations
18:13 – Distribution Gains in Performance Surfaces
19:10 – Q&A: Sidoti
20:49 – Metals Momentum & Operational Recovery
22:13 – Q2 Sequential Expectations
22:45 – Project Fortify Phase 2 Update
23:54 – Tariff EPS Impact Clarification
25:14 – Q&A: Singular Research
26:41 – Services Backlog Commentary
28:42 – Services Productivity & Margin Preservation
29:51 – M&A Pipeline & Valuation Outlook
31:58 – Call Closing

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🛑 Disclaimer:
This video includes segments from Apogee Enterprises’ Q1 2026 earnings call, used for educational purposes under fair use (Section 107, US Copyright Act).
No affiliation or endorsement by Apogee is implied. All rights remain with Apogee.
For details, visit https://www.apog.com/investor-relations
For inquiries, contact [email protected]

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