Apogee Shares Surge 8% After Q1 Beat Despite Tariff Headwinds

Apogee Enterprises (NASDAQ:APOG) shares surged over 8% intra-day today after the architectural products manufacturer posted stronger-than-expected first-quarter results and raised its full-year guidance.

For the quarter, Apogee reported adjusted earnings of $0.56 per share, beating analyst estimates of $0.49. Revenue rose 4.6% year-over-year to $346.6 million, also topping the $331.1 million consensus.

CEO Ty R. Silberhorn highlighted the company’s ability to deliver above-expectation results despite challenging market conditions and year-over-year headwinds.

Looking ahead, Apogee lifted its fiscal 2026 outlook, projecting net sales of $1.40–$1.44 billion, up from a prior range of $1.37–$1.43 billion. Adjusted EPS guidance was also raised to $3.80–$4.20, compared to $3.55–$4.10 previously, even as the company anticipates a $0.35–$0.45 per share impact from tariffs concentrated in the first half of the fiscal year.

The strong quarter and improved forecast underscored resilience in Apogee’s business and reassured investors despite ongoing cost pressures.