Pricing and Earnings Stabilization Continue To Remain Elusive. Atkore Inc. (NYSE: ATKR ) primarily generates revenue through the manufacture and sale of electrical infrastructure products, with the revenue mix heavily skewed towards the non-residential construction market. PerWith a decade of experience across leading Big 4 consulting firms, I bring deep expertise in financial analysis, business strategy, and industry research. I hold an MBA in Finance from a premier institute in India and am also a certifi ...

Oct 22, 2025 5:00 PM Eastern Daylight Time Share Interested investors and other parties can listen to a webcast of the live conference call by logging onto the Investor Relations section of the Company's website at https://investors.atkore.com/investors/events-and- presentations/default.aspx. The online replay will be available on the same website following the call. Atkore Inc. Announces Fourth Quarter Fiscal Year 2025 Earnings Release Date and Conference Call Conference Call Information Dial In: 888-330-2 ...

Core Insights - Atkore Inc. (NYSE: ATKR) has faced a challenging year in the stock market, indicating potential volatility and performance issues for investors [1] Company Overview - Atkore primarily produces electrical products and also offers safety and installation products [1] - The company serves various industries, including commercial, industrial, data center, telecommunications, and solar applications [1]

Business: Atkore is a manufacturer of electrical products for construction and renovation markets, and safety and infrastructure products for the construction and industrial markets. The company's segments include electrical and safety & infrastructure. The electrical segment manufactures products used in the construction of electrical power systems including conduit, cable and installation accessories. This segment serves contractors in partnership with the electrical wholesale channel. The safety & infras ...

Atkore (NYSE:ATKR) rose 2.2% after a report that an activist investor has taken a stake and wants the company to pursue a sales process. Irenic Capital Management has taken a 2.5% stake in the electric manufacturing firm, according to a Bloomberg report ...

today provided an update on planned strategic actions being taken to strengthen and improve the future financial returns for the Company. The Atkore Board of Directors and executive leadership team, with the assistance of financial and legal advisors, are evaluating a broad range of alternatives to enhance focus on Atkore's core electrical infrastructure portfolio that includes product lines and businesses from. HARVEY, Ill.--(BUSINESS WIRE)--Atkore Inc. (the "Company†or "Atkore†) (NYSE: ATKR) ...

Core Points - Atkore Inc. has completed the refinancing of its subsidiary Atkore International, Inc.'s senior secured term loan facility, which was originally set to mature in May 2028 [1] - The new term loan facility amounts to $373 million, replacing the existing one [1] Company Summary - Atkore Inc. is a leading manufacturer of electrical products catering to various sectors including commercial, industrial, data center, telecommunications, and solar applications [1]

Core Insights - Atkore Inc. is a leading manufacturer of electrical products catering to various sectors including commercial, industrial, data center, telecommunications, and solar applications [1] Company Participation - The Chief Financial Officer, John Deitzer, and Vice President of Treasury and Investor Relations, Matt Kline, are scheduled to attend the 2025 RBC Capital Markets Global Industrials Conference [1] - They will participate in a moderated question and answer session on Wednesday, September 17 [1]

Financial Performance - The company reported net sales of $735 million for the third quarter, achieving adjusted EBITDA of $100 million and adjusted EPS of $1.63, with a 2% organic volume growth compared to the previous year [9][13][18] - Average selling prices declined by 12% year over year, primarily driven by PVC and steel conduit products, although there was sequential pricing improvement in steel conduit products [13][14][18] Business Segment Performance - The Electrical segment experienced compressed adjusted EBITDA margins year over year due to pricing declines in PVC and steel conduit products, while the S and I segment saw improved margins driven by volume growth and better productivity [16][18] - Year-to-date volume growth was observed in metal framing, cable management, and construction services, with low single-digit growth attributed to ongoing focus in these areas [15][16] Market Dynamics - The company noted a decline in imported steel conduit and PVC conduit volumes year over year, indicating a shift in market dynamics influenced by tariffs [10][20] - The Dodge Momentum Index indicated a slowdown in planning activity across several non-residential categories, with mixed construction sentiment observed [10][11] Strategic Direction - The company remains committed to maintaining a strong balance sheet and financial profile, focusing on operational excellence through the Atkore business system [24][25] - The management emphasized the importance of onshoring manufacturing and the potential to recapture market share from imports, particularly in steel conduit products [20][21] Management Commentary - Management expressed confidence in the company's strategy and the capabilities of its teams, despite the challenges posed by tariffs and pricing dynamics [7][11] - The outlook for FY 2026 anticipates headwinds from lower selling prices and broader tariff effects, with management actively evaluating measures to mitigate these impacts [11][23] Other Important Information - The company is maintaining its full-year adjusted EBITDA midpoint of $400 million and raising the midpoint of adjusted EPS to $6.5, reflecting improved visibility and stronger earnings leverage [11][18] - The company generated $192 million in cash flow from operations year to date and remains committed to returning cash to shareholders [17][18] Q&A Session Summary Question: Volume growth visibility for FY 2026 - Management acknowledged challenges in forecasting volumes but expressed optimism for growth in data centers and solar markets, indicating reasonable growth expectations for the upcoming year [33][34][36] Question: Demand trends in the water end market - Management noted mixed demand trends in the water end market but highlighted growth in municipal projects, indicating a focus on this vertical moving forward [38][39] Question: Impact of tariffs on steel conduit imports - Management confirmed that tariffs have significantly reduced the flow of steel conduit imports from Mexico, with both steel and PVC imports down significantly in the last fiscal quarter [50][52] Question: Earnings visibility and backlog - Management indicated that the backlog is approximately two weeks, with average inventory levels among distributors, suggesting a cautious approach to inventory management [55][57] Question: Pricing dynamics in the quarter - Management reported that pricing for PVC and steel was slightly better than expected, with two consecutive quarters of improved steel pricing [61][62] Question: Headwinds for FY 2026 - Management outlined that the anticipated $50 million headwinds for FY 2026 are primarily due to pricing declines experienced in FY 2025, with additional pressures from aluminum costs [70][72] Question: Capital allocation strategy - Management reiterated a commitment to a balanced capital allocation model, emphasizing share buybacks, dividends, and strategic investments [80][82]

Financial Data and Key Metrics Changes - The company reported net sales of $735 million, with a 2% organic volume growth and adjusted EBITDA of $100 million, while adjusted EPS was $1.63 [8][12][10] - Average selling prices declined by 12% year over year, primarily driven by PVC and steel conduit products, although there was sequential pricing improvement in steel conduit products [12][13][10] Business Line Data and Key Metrics Changes - The Electrical segment experienced compressed adjusted EBITDA margins year over year due to pricing declines in PVC and steel conduit products, while the S and I segment saw improved margins driven by volume growth and better productivity [15][12] - Year-to-date volume growth was observed in metal framing, cable management, and construction services, with low single-digit growth in electrical cable and flexible conduit categories [14][15] Market Data and Key Metrics Changes - The Dodge Momentum Index indicated a slowdown in planning activity across several non-residential categories, with mixed construction sentiment observed [9][10] - Imported steel conduit and PVC conduit volumes declined year over year, indicating a shift in market dynamics influenced by tariffs [9][10] Company Strategy and Development Direction - The company is focused on maintaining a strong balance sheet and financial profile while pursuing strategic actions to enhance its portfolio of domestically manufactured electrical products [23][20] - The ongoing tariff environment is expected to influence market pricing dynamics and broader demand patterns, with a focus on onshoring manufacturing [19][20] Management's Comments on Operating Environment and Future Outlook - Management acknowledged several headwinds for FY 2026, including lower selling prices and broader tariff effects, estimating approximately $50 million of unmitigated headwinds [22][10] - The company remains optimistic about growth in key electrical end markets, despite near-term challenges [23][24] Other Important Information - The CEO announced plans to retire, emphasizing a commitment to a seamless transition and continued focus on the company's strategy and employees [5][6] - The company generated $192 million in cash flow from operations year-to-date and remains committed to returning cash to shareholders [16][10] Q&A Session Summary Question: Volume growth visibility for FY 2026 - Management noted that end markets like data centers are experiencing growth, but overall volume forecasting remains challenging due to macroeconomic dynamics [31][32] Question: Demand trends in the water end market - The company is focusing on municipal markets, which are showing growth, while residential-related markets are down [36][37] Question: Impact of tariffs on steel conduit imports - Tariffs have significantly reduced the flow of Mexican steel conduit, with both steel and PVC imports down significantly in the last quarter [48][50] Question: Demand visibility and backlog - The current backlog is approximately two weeks, with distributors holding lower inventories due to recent pricing dynamics [52][55] Question: Pricing surprises in the quarter - Pricing for PVC and steel was slightly better than expected, with two quarters of sequential improvement in steel pricing [59][60] Question: Headwinds for FY 2026 - The majority of the anticipated $50 million headwinds are due to pricing declines experienced in FY 2025, with additional factors like aluminum tariffs also contributing [67][68] Question: Capital allocation and share buyback strategy - The company plans to maintain a capital allocation framework focused on dividends, share repurchases, and M&A, with a commitment to spend $150 million this year [78][80]