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APOG inks a deal to acquire UW Solutions for $240 million in cash from Heartwood Partners.
MINNEAPOLIS--(BUSINESS WIRE)--Apogee Enterprises to Acquire UW Solutions.
Apogee Enterprises remains a 'buy' despite revenue drops, due to strong bottom line growth and attractive share pricing relative to peers. Recent financials show mixed results: revenue down 8.3% YoY, but net income up from $23.6M to $31M, driven by cost reductions and margin improvements. Project Fortify aims to save $12M-$14M annually through operational changes and phasing out low-margin products, already showing positive impact on profitability.
Xinyi Glass and Apogee have been highlighted in this Industry Outlook article.
MINNEAPOLIS--(BUSINESS WIRE)--Apogee Enterprises, Inc. (Nasdaq: APOG) will report its fiscal 2025 second quarter results on Friday, October 4, 2024, before the market opens. The Company will also host a conference call to discuss its financial results. This conference call will be webcast beginning at 8:00 a.m. Central Time, on October 4, 2024. Access to the webcast will be available through the Investors section of the Company's website at https://www.apog.com/events-and-presentations. For tho.
The Zacks Industry Rank for the Glass-Products industry paints a gloomy picture. Braving these headwinds are two stocks, XYIGF and APOG, which investors should keep an eye on.
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Here is how Apogee Enterprises (APOG) and Halma (HLMAF) have performed compared to their sector so far this year.
Apogee Enterprises (APOG) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Apogee Enterprises (APOG) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.