Lost Money on Apogee Enterprises, Inc. (APOG)? Contact Levi & Korsinsky About Investigation
ApogeeApogee(US:APOG) TMX Newsfile·2026-01-19 05:10

Core Insights - Apogee Enterprises, Inc. is under investigation for potential violations of federal securities laws following the release of its fiscal third quarter 2026 financial results, which indicated a decline in profitability expectations [1][2]. Financial Performance - Apogee reported a decrease in gross margin to 23.8% from 26.1% and a slight decline in adjusted EBITDA margin to 13.2% from 13.4% for the third quarter of fiscal 2026 compared to the same period in fiscal 2025, indicating reduced future profitability [2]. - The company has revised its fiscal 2026 outlook, lowering net sales expectations from $1.44 billion to $1.39 billion and adjusted EPS from a range of $3.80 - $4.20 to $3.40 - $3.50 [2]. Market Reaction - Following the announcement of the financial results and the investigation, Apogee's stock price fell by $6.29, or 17%, opening at $31.00 per share [3].