Apogee(US:APOG)2022-06-23 15:16Financial Performance Highlights - Apogee Enterprises reported net sales of $357 million, a 9% increase year-over-year[7,18] - The company's operating margin improved significantly to 9.3%, a 440 bps increase year-over-year[7,18] - Earnings per share (EPS) reached $1.00, a substantial 138% increase year-over-year[7,18] - EBITDA increased to $42.8 million, a 49% increase compared to $28.7 million in the previous year[18] Segment Performance - Architectural Framing Systems saw a revenue increase of 19% with an operating margin increase of 840 bps[20] - Architectural Services experienced a revenue increase of 14%, but the operating margin decreased by 190 bps[20] - Architectural Glass revenue decreased by 8%, but the operating margin increased by 420 bps[20] - Large-Scale Optical saw a revenue increase of 4% with an operating margin increase of 170 bps[20] Financial Position and Outlook - The company is increasing its full-year adjusted earnings per share outlook to a range of $3.50 to $3.90[7,28] - Capital expenditures are expected to be between $35 million and $40 million for the full year[29] - In Q1, $79 million of cash was returned to shareholders[26]