Apogee Enterprises (APOG) Tops Q2 EPS by 10c; Boosts FY17 EPS Outlook

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Go back to Apogee Enterprises (APOG) Tops Q2 EPS by 10c; Boosts FY17 EPS Outlook

Apogee Delivers Strong FY17 Q2 Growth; Raises EPS Guidance

September 14, 2016 4:30 PM EDT

Revenues up 16% Operating margin up 260 basis points EPS up 54% FY17 outlook: ~10% revenue growth; EPS range raised to $2.80-$2.90

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

FY17 SECOND QUARTER VS. PRIOR-YEAR PERIOD

Revenues of $278.5 million were up 16 percent. Operating income of $33.0 million was up 47 percent. Operating margin was 11.9 percent, up 260 basis points.... More