Apogee Enterprises (APOG) Tops Q1 EPS by 12c, Raises FY Guidance

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Apogee Delivers Strong FY17 Q1 EPS Growth; Raises EPS Guidance

June 22, 2016 4:44 PM EDT

Revenues up 3% Operating margin up 300 basis points EPS up 49% Backlog up 8% FY17 outlook: ~10% revenue growth; EPS range raised to $2.70-$2.85; backlog expected to grow for the year

MINNEAPOLIS--(BUSINESS WIRE)-- Apogee Enterprises, Inc. (Nasdaq: APOG) today announced fiscal 2017 first-quarter results. Apogee provides distinctive solutions for enclosing commercial buildings and framing art.

FY17 FIRST QUARTER VS. PRIOR-YEAR PERIOD

Revenues of $247.9 million were up 3 percent. In constant currency, revenues were up 4 percent.... More