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Atkore Inc. - ATKR STOCK NEWS

Welcome to our dedicated page for Atkore news (Ticker: ATKR), a resource for investors and traders seeking the latest updates and insights on Atkore stock.

Atkore Inc. (symbol: ATKR) is a leading industrial company specializing in electrical raceway solutions and mechanical products. With a mission to be the customer's first choice, Atkore delivers unmatched quality, delivery, and value across its comprehensive product portfolio. The company serves a global market with its 3,100 employees and operates 39 manufacturing and distribution facilities worldwide.

Atkore's core business lies in two main segments: Electrical and Safety and Infrastructure. The electrical segment, which contributes most to net sales, includes key product categories such as PVC conduit, steel conduit, and PVC-coated conduit. These products are essential for electrical distributors and play a crucial role in deploying, isolating, and protecting a structure’s electrical circuitry from source to outlet. The safety and infrastructure segment focuses on products like in-line galvanized mechanical tubes, metal framing, related fittings, and security bollards. Additionally, Atkore provides ancillary services to customers, including slitting and cutting structural steel sheets.

The company’s commitment to quality is reflected in its robust product line that includes steel, PVC, and aluminum conduit, armored cable, flexible conduits, metal framing, wire baskets, cable trays, and other complementary products including fittings and mechanical pipe. This wide range of products ensures that Atkore meets diverse customer needs effectively.

Recent achievements underscore Atkore's growth and innovation in the industry. The company has continuously adapted to market demands and expanded its product offerings, ensuring sustainable excellence in strategy, people, and processes. Partnerships and strategic initiatives have further solidified Atkore's position as a reliable provider of electrical and mechanical solutions.

Investors and stakeholders can stay updated with the latest developments and performance metrics of Atkore Inc. through regular news updates, showcasing the company's ongoing projects and financial health. Atkore's dedication to excellence and customer satisfaction makes it a significant player in the industrial sector.

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Atkore Inc. (NYSE: ATKR) announced fourth-quarter and fiscal 2023 earnings. Net income and adjusted EBITDA decreased, with a new quarterly dividend program approved. Full-year 2024 net sales expected to be $3.50 - $3.65 billion, with adjusted EBITDA outlook of $900 - $950 million. Maintaining full-year adjusted net income per diluted share goal of greater than $18.00 in fiscal year 2025.
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Atkore Inc. (ATKR) Earns Multiple Top Workplaces Awards for Culture Excellence and Regional Recognition
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Atkore Inc. to release Q4 FY2023 results and FY2024 expectations
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Atkore Inc. recognized as one of America's Greenest Companies 2024
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Atkore Inc. (ATKR) reported a 13.4% decrease in net sales to $919.1 million and a $53.0 million decrease in net income for its fiscal 2023 third quarter. The company also updated its full-year Adjusted EBITDA outlook to $1,020 - $1,040 million and increased its full-year Adjusted net income per diluted share outlook to $18.90 - $19.30. The earnings report highlighted a solar tax credit accounting correction that impacted net sales, Adjusted EBITDA, and income tax expense.
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Atkore Inc. will release its Third Quarter Fiscal Year 2023 results on August 8, 2023, followed by a conference call. Interested investors can listen to the webcast or access the online replay on the Investor Relations section of the company's website.
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Atkore Inc. (NYSE: ATKR) will release its Second Quarter Fiscal Year 2023 results on May 9, 2023, prior to market opening. A conference call to discuss the results is scheduled for 8:00 a.m. (ET) on the same day. Interested parties can access the live webcast on the Company's Investor Relations website.

Post-call, a telephonic replay will be available approximately three hours later, accessible until May 23, 2023. For domestic listeners, the dial-in number is 888-330-2446, while international investors can reach 240-789-2732. The Conference ID for both the call and replay is 5592214.

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FAQ

What is the current stock price of Atkore (ATKR)?

The current stock price of Atkore (ATKR) is $83.4 as of December 20, 2024.

What is the market cap of Atkore (ATKR)?

The market cap of Atkore (ATKR) is approximately 2.9B.

What does Atkore Inc. specialize in?

Atkore Inc. specializes in integrated electrical raceway and mechanical products, offering solutions that deploy, isolate, and protect electrical circuits.

How many employees does Atkore have?

Atkore Inc. employs approximately 3,100 people across 39 manufacturing and distribution facilities worldwide.

What are the main segments of Atkore's business?

Atkore's business is divided into two main segments: Electrical and Safety and Infrastructure.

Which products are included in Atkore's electrical segment?

The electrical segment includes products like PVC conduit, steel conduit, and PVC-coated conduit.

What does the Safety and Infrastructure segment focus on?

The Safety and Infrastructure segment offers products such as in-line galvanized mechanical tube, metal framing, related fittings, and security bollards.

What are some of the complementary products offered by Atkore?

Complementary products include fittings, mechanical pipe, armored cable, flexible conduits, wire baskets, and cable trays.

Where is most of Atkore's net sales generated?

Most of Atkore's net sales are generated in the United States.

Does Atkore provide any ancillary services?

Yes, Atkore provides ancillary services like slitting and cutting structural steel sheets.

What is Atkore's mission?

Atkore aims to be the customer's first choice in electrical raceway and mechanical products and solutions by providing unmatched quality, delivery, and value.

How does Atkore ensure quality and customer satisfaction?

Atkore ensures quality and customer satisfaction through sustainable excellence in strategy, people, and processes, and by continuously adapting to market demands.

Atkore Inc.

NYSE:ATKR

ATKR Rankings

ATKR Stock Data

2.87B
34.38M
0.94%
105.78%
9.96%
Electrical Equipment & Parts
Miscellaneous Electrical Machinery, Equipment & Supplies
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United States of America
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