Atkore International Group

Atkore, Inc. engages in the manufacture of electrical raceway products. It operates through the Electrical, and Safety and Infrastructure segments. The Electrical segment produces products used in the construction of electrical power systems such as conduit, cable, and installation accessories. The Safety and Infrastructure segment designs and creates solutions including metal framing, mechanical pipe, perimeter security, and cable management for the protection and reliability of critical infrastructure. The company was founded in 1959 and is headquartered in Harvey, IL.

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Atkore International Group reports solid Q1 performance and raises full-year outlook

Atkore International Group's Q1 2023 earnings call highlighted strong performance, increased full-year expectations, and progress in sustainability initiatives. The company's focus on volume growth, financial strength, and strategic positioning bode well for future growth prospects. Addressing challenges and capitalizing on opportunities will be crucial for Atkore's continued success.

Atkore International Group reports Q2 growth and optimistic outlook

Atkore International Group's Q2 2023 performance showed positive growth in key metrics, with a focus on repurchasing shares and updating outlooks. While facing challenges in PVC volumes, the company's S&I business demonstrated strength. Opportunities lie in expected volume growth and increased earnings outlook, supported by a robust financial position.

Atkore International Group (ATKR) reports robust Q3 earnings performance

Atkore International Group (ATKR) delivered strong Q3 performance with better-than-expected earnings, positive cash flow generation, and increased full-year adjusted EPS outlook. While facing challenges in segment margins and pricing pressures, the company remains optimistic about future growth opportunities and market demand. Proactive share repurchases and strategic capital allocation highlight Atkore's commitment to enhancing shareholder value.

Atkore reports decline in Q4 sales but eyes growth in FY '24

Atkore International Group had a successful fiscal 2023, with a positive outlook for fiscal 2024.
The company is focused on value creation through growth opportunities and capital deployment plans.
Despite challenges in margins and declining net sales, Atkore remains optimistic about future growth.
Analysts and management discussed pricing dynamics, volume trends, and growth initiatives during the call.

Atkore International Group (ATKR) reports robust Q1 performance and growth outlook

Atkore International Group's Q1 2024 Earnings Call demonstrated strong financial performance, positive volume growth, and strategic initiatives for future growth. While facing margin challenges in the Electrical segment, the company remains optimistic about its competitive position and growth opportunities.

Atkore International Group (ATKR) excels in Q2, faces HDPE and solar challenges

Atkore International Group (ATKR) reported a robust second quarter performance, with strong financial metrics and strategic capital deployment. Despite challenges in specific market segments, the company's diversified product portfolio and upgraded credit rating position it well for future growth.

Atkore International Group reports solid Q3 performance amidst market challenges

Atkore International Group's Q3 performance showcased solid financials with net sales of $822 million and adjusted EBITDA of $206 million. The company faced challenges from market softness and pricing issues but remains optimistic about long-term growth opportunities.

Atkore International Group posts strong Q4 results, eyes FY '25 growth

Atkore International Group reported solid Q4 performance with a focus on volume growth and capital deployment. Challenges in specific market segments are being addressed, with opportunities identified for growth in FY '25.

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Atkore, Inc. engages in the manufacture of electrical raceway products. It operates in the Electrical, and Safety and Infrastructure segments. The Electrical segment produces products used in the construction of electrical power systems such as conduit, cable, and installation accessories. The Safety and Infrastructure segment designs and creates solutions including metal framing, mechanical pipe, perimeter security, and cable management for the protection and reliability of critical infrastructure. The company was founded in 1959 and is headquartered in Harvey, IL.

Atkore Inc. (ATKR) came out with quarterly earnings of $4.08 per share, beating the Zacks Consensus Estimate of $3.70 per share. This compares to earnings of $4.87 per share a year ago.

Atkore Inc. (ATKR) Beats Q2 Earnings Estimates

HARVEY, Ill.--(BUSINESS WIRE)--Atkore Inc. (the “Company” or “Atkore”) (NYSE: ATKR) announced earnings for its fiscal 2024 second quarter ended March 29, 2024. “Atkore achieved solid results in the second quarter having met our projections for Net Sales and exceeding our projections for Adjusted EBITDA and Adjusted Diluted EPS we presented in February,” said Bill Waltz, Atkore President and Chief Executive Officer. “Organic volume grew 6% for the first half of the year while down 1% for the sec.

Atkore Inc. Announces Second Quarter 2024 Results

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HARVEY, Ill.--(BUSINESS WIRE)--Atkore Inc. (the “Company”) (NYSE: ATKR), a leading manufacturer of electrical products for commercial, industrial, data center, telecommunications, and solar applications, today announced that it will participate in the following upcoming conferences: Oppenheimer 19th Annual Industrial Growth Conference, May 8 & 9, 2024, Virtual – David Johnson, Chief Financial Officer, and Matt Kline, Vice President – Treasury & Investor Relations, are scheduled to parti.

Atkore Inc. Announces Participation at Upcoming Investor Conferences

HARVEY, Ill.--(BUSINESS WIRE)--Atkore Inc. (the “Company”) (NYSE: ATKR), a leading manufacturer of electrical products for commercial, industrial, data center, telecommunications, and solar applications, today announced that the Company will release its Second Quarter Fiscal Year 2024 results before the market opens on Tuesday, May 7, 2024. The Company will hold a conference call to discuss the results at 8:00 a.m. (ET) that same day. Interested investors and other parties can listen to a webca.

Atkore Inc. Announces Second Quarter Fiscal Year 2024 Earnings Release Date and Conference Call

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Atkore Inc. has reported a decline in net sales and adjusted EBITDA for the first quarter of 2024. Despite economic headwinds, the company showed strong organic volume growth in the electrical sector. Atkore has introduced a dividend with potential for significant future growth, given its low payout ratio.

Atkore Just Became A Dividend Stock - And I Want In!

HARVEY, Ill.--(BUSINESS WIRE)--Atkore Inc. (the “Company” or “Atkore”) (NYSE: ATKR) today announced that John Deitzer has moved into the role of Vice President of Finance - Electrical and Matthew (Matt) Kline has moved into the role of Vice President of Treasury and Investor Relations. Mr. Deitzer and Mr. Kline are transferring roles within Atkore, and each will continue to report directly to David Johnson, Atkore's Chief Financial Officer and Chief Accounting Officer. “In John and Matt, we are.

Atkore Implements Finance Team Rotation to Support Company's Growth and Development

Atkore Inc. (ATKR) Q1 2024 Earnings Call Transcript

Atkore Inc. (ATKR) came out with quarterly earnings of $4.12 per share, beating the Zacks Consensus Estimate of $3.54 per share. This compares to earnings of $4.61 per share a year ago.

Atkore Inc. (ATKR) Q1 Earnings and Revenues Top Estimates

HARVEY, Ill.--(BUSINESS WIRE)--Atkore Inc. (the “Company” or “Atkore”) (NYSE: ATKR) announced earnings for its fiscal 2024 first quarter ended December 29, 2023. “Atkore is off to a great start for fiscal 2024, with double digit organic volume growth in the first quarter driven by contributions across all key product areas,” said Bill Waltz, Atkore President and Chief Executive Officer. “We continue to expect low double digit volume growth for the full year as we continue to realize the benefit.

Atkore Inc. Announces First Quarter 2024 Results

HARVEY, Ill.--(BUSINESS WIRE)--The Board of Directors of Atkore Inc. (the “Company”) (NYSE: ATKR), a leading manufacturer of electrical products for commercial, industrial, data center, telecommunications, and solar applications, today declared a quarterly cash dividend of $0.32 per share of common stock payable on March 15, 2024, to stockholders of record on February 27, 2024. This is the first quarterly dividend to be paid by the Company as part of its new dividend program, which was announce.

Atkore Inc. Initiates Quarterly Dividend

Atkore operates in the electrical raceway and cable management industry, manufacturing and distributing products for the construction and infrastructure sectors. These products have strong tailwinds in the coming years thanks to macro trends supported by long-term federal programs. Volume growth, great M&A track record, pricing power and an attractive valuation make it a compelling investment case.

Atkore: Don't Be Surprised If There's Double-Digit Growth In Coming Years

HARVEY, Ill.--(BUSINESS WIRE)--Atkore Inc. (the “Company” or “Atkore”) (NYSE: ATKR) released its 2023 Sustainability Report today, detailing key highlights in the Company's environment, social and governance (ESG) practices and performance. Additionally, the Company expanded the ESG content available on its website. Stakeholders can now browse foundational information on each of its material ESG topics, including climate, carbon, and Greenhouse Gas (GHG) emissions, health and safety, corporate.

Atkore Releases 2023 Sustainability Report, Launches ESG Website, and Provides Progress for 2025 Sustainability Targets

HARVEY, Ill.--(BUSINESS WIRE)--Atkore Inc. (the “Company”) (NYSE: ATKR), a leading manufacturer of electrical products for commercial, industrial, data center, telecommunications, and solar applications, today announced that the Company will release its First Quarter Fiscal Year 2024 results before the market opens on Thursday, February 1, 2024. The Company will hold a conference call to discuss the results at 8:00 a.m. (ET) that same day. Interested investors and other parties can listen to a.

Atkore Inc. Announces First Quarter Fiscal Year 2024 Earnings Release Date and Conference Call

Atkore has seen a 21% run-up since we initiated BUY coverage on the stock in March 2023. Atkore's valuation is still reasonable and there is still some upside. Our longer-term thesis remains intact. Atkore remains a disciplined capital allocator, executing well operationally and benefiting from secular megatrends from data center, electrification, and renewable energy growth. We retain Atkore's BUY rating, but we think the stock faces near term downside from continued post-COVID pricing normalization. As longer-term investors, we retain a 2% position in our portfolio.

Atkore: Long-Term Thesis Intact Despite Revenue Drop

HARVEY, Ill.--(BUSINESS WIRE)--Atkore Inc. (“Atkore”) (NYSE: ATKR) today announced that it has made a three-year commitment to the National Electrical Contractors Association (NECA) Premier Partner sponsorship program, starting January 1, 2024. The top-level sponsorship program connects NECA members to the leading companies in the electrical construction industry. As a Premier Partner, Atkore will collaborate with NECA to deliver educational programs, training resources, and industry insights.

Atkore Becomes a NECA National Premier Partner

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Atkore reported FY 23 earnings, initially causing a stock sell-off. CEO Bill Waltz believes this will be the best decade for the company and the electrical industry. Atkore benefits from secular tailwinds such as grid hardening, electrification and reshoring.

Atkore: 'This Is Going To Be The Best Decade Ever'

Atkore Inc. (NYSE:ATKR ) Q4 2023 Earnings Conference Call November 17, 2023 8:00 AM ET Company Participants John Deitzer - Vice President of Treasury and Investor Relations Bill Waltz - President and Chief Executive Officer David Johnson - Chief Financial Officer Conference Call Participants Alex Rygiel - B. Riley Deane Dray - RBC Andy Kaplowitz - Citigroup Chris Dankert - Loop Capital Chris Moore - CJS Securities Operator Good morning.

Atkore Inc. (ATKR) Q4 2023 Earnings Call Transcript

Atkore has reported a decline in fourth-quarter sales and earnings after a record performance a year earlier. The company, a provider of electrical, safety and infrastructure solutions, posted a 16% decline in net sales to $869.9 million, below the $920.4 million pencilled in by Wall Street analysts.

Atkore posts lower 4Q sales and earnings as performance normalizes

HARVEY, Ill.--(BUSINESS WIRE)--Atkore Inc. (the “Company” or “Atkore”) (NYSE: ATKR) announced earnings for its fiscal 2023 full year and fourth quarter ended September 30, 2023 (“fourth quarter”). “Atkore achieved solid results for fiscal 2023, as we continued to successfully execute on our strategic initiatives and deliver differentiated value to our customers,” said Bill Waltz, Atkore President and Chief Executive Officer. “As our performance and financial results continue to normalize after.

Atkore Inc. Announces Fourth Quarter 2023 Results

Atkore's share price has increased over 30% in the past year, driven by successful expansion through M&A acquisitions. YoY sales growth was negative 13.4% due to decreased selling prices, indicating a highly competitive market. The market is optimistic, but short interest is over 10%, and the risk of buying now is too great, making it a hold.

News for Atkore International Group Stock (ATKR)