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Stock impact report

Shares of Apogee (APOG) Rally 77% in a Year: Here's Why [Yahoo! Finance]

Apogee Enterprises, Inc. (APOG) 
Last apogee enterprises, inc. earnings: 4/2 06:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.apog.com/news-releases
Company Research Source: Yahoo! Finance
Image Source: Zacks Investment Research Let us take a look into the factors that are driving this Zacks Rank #3 (Hold) stock. What's Going in Apogee's Favor? Solid Segment Performances : APOG's Architectural Glass segment witnessed solid year-over-year growth and margin expansion in the fourth quarter of fiscal 2024 despite significant supply-chain and inflation headwinds. The segment is gaining on improved pricing and product mix, reflecting the company's strategic shift toward more premium products. The segment is also benefiting from an improved sales mix and productivity gains from its Lean program and higher pricing that helped offset inflation. The company's Architectural Services segment is also gaining from a favorable mix of projects. The Architectural Services segment's backlog was $808 million at the end of the fiscal fourth quarter compared with $777 million in the prior quarter's end. The backlog in the Architectural Framing segment amounted to $201 million, Show less Read more
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