Apogee Enterprises (NASDAQ:APOG) reported a steady climb in annual revenue for fiscal 2026, meeting its full-year targets as the company leverages its "Project Fortify" efficiency gains to navigate a complex commercial construction market.
The Minneapolis-based provider of architectural glass and metal systems posted fourth-quarter net sales of $351.4 million, a 1.6% increase compared to the prior-year period.
For the full fiscal year ended February 28, 2026, total net sales reached $1.40 billion, up 3.2% year-over-year.
The growth reflects sustained momentum in the company’s Services and Glass segments, which helped offset more volatile demand in the Metals division earlier in the year.
Profitability for the fourth quarter came in at $0.78 per diluted share.
On an adjusted basis, which excludes certain restructuring and transition costs, diluted earnings per share (EPS) reached $0.92.
For the full year, Apogee reported diluted EPS of $2.52 and adjusted diluted EPS of $3.47.
A significant focus for investors was the company’s debut of fiscal 2027 guidance.
Management expects to build on the $1.4 billion revenue base established in 2026, supported by a healthy backlog and the recent integration of UW Solutions, which expanded Apogee's reach into high-performance coated materials.
The company also recently appointed Mark Augdahl as Executive Vice President and Chief Financial Officer, following a transition period earlier in the quarter.