BUZZ-Apogee Enterprises forecasts weak 2026 profit; shares slide

Reuters01-07
BUZZ-<a href="https://laohu8.com/S/APOG">Apogee Enterprises</a> forecasts weak 2026 profit; shares slide

** Shares of glass products makers Apogee Enterprises APOG.O fall 11.8% to $33 in premarket trading

** Co forecasts FY26 profit below estimates, misses Q3 profit est

** Says FY26 profit forecast includes an unfavorable EPS impact of about 30 cents from tariffs

** Separately, co says CFO Matthew Osberg has resigned; names Mark Augdahl as interim finance chief with immediate effect

(Reporting by Parth Chandna)

((Parth.Chandna@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment