Apogee Enterprises Inc. (NASDAQ:APOG) shares traded higher on Friday after the company reported better-than-expected fourth-quarter fiscal 2026 results and above consensus guidance.

Apogee provides architectural building products, services, and high-performance coated materials. It also offers project management and installation services for construction and specialty applications.

Details

Revenue rose 1.6% year over year (Y/Y) to $351.35 million, topping the consensus estimate of $335.82 million, driven by favorable price and mix.

Adjusted earnings per share came in at 92 cents, beating the Street estimate of 88 cents.

Gross margin expanded 80 bps Y/Y to 22.4%, supported by a favorable comparison to a prior-year non-recurring $9.4 million arbitration expense.

The improvement also reflected productivity gains, including savings from Project Fortify 2, along with lower insurance costs related to risk coverage.

Operating income rose to $25.8 million from $6.1 million, and operating margin expanded 550 basis points to 7.3%.

Adjusted EBITDA rose to $42.4 million from $41.1 million a year ago quarter, and the margin expanded to 12.1% from 11.9%. This benefited from ...