Atkore (US:ATKR)2022-11-18 15:32Financial Performance - Atkore delivered record financial results in FY2022[11] - Net sales for Q4 2022 reached $1029 million, an 11% increase compared to $923.7 million in Q4 2021[12] - Net income for Q4 2022 was $220.8 million, a 9% increase from $202.6 million in Q4 2021[12] - Adjusted EBITDA for Q4 2022 was $325 million, an 11% increase compared to $292.9 million in Q4 2021[12] - Adjusted diluted EPS for Q4 2022 was $5.52, a 26% increase from $4.39 in Q4 2021[12] - Net sales for FY2022 were $3913.9 million, a 34% increase compared to $2928 million in FY2021[12] - Adjusted EBITDA for FY2022 was $1341.8 million, a 49% increase compared to $897.5 million in FY2021[12] - Adjusted diluted EPS for FY2022 was $21.55, a 66% increase compared to $12.98 in FY2021[12] Strategic Initiatives - The company deployed $136 million in capital expenditures to support future growth in FY2022[11] - The company repurchased $500 million in stock in FY2022[11] - The company deployed $649 million to bolster product categories, expand geographic presence and enter new markets to enhance transformation[49]