Apogee Enterprises, Inc.

Good day and thank you for standing by. Welcome to Apogee Enterprise's fourth quarter earnings conference call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you need to press star 1-1 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star 1-1 again. As a reminder, this conference is being recorded for replay purposes. I will now turn the conference over to Jeremy Stephan, Vice President, Investor Relations and Communications to begin. Jeremy, please go ahead.

Thank you. Good morning and welcome to Apogee Enterprises' fiscal 2026 fourth quarter earnings call. On the call today are Don Nolan, Apogee's chief executive officer, and Mark Abdal, our chief financial officer. During this call, the team will reference certain non-GAAP financial measures. Definitions of these measures and a reconciliation to the nearest GAAP measures are provided in the earnings release and slide deck, which are available in the investor relations section of our website. As a reminder, today's call will contain forward-looking statements. These reflect management's expectations based on currently available information. Actual results may differ materially from those expressed today. More information about factors that could affect Apogee's business and financial results can be found in our press release and in the company's SEC filings. With that, I'll turn the call over to Don.

Thanks, Jeremy, and good morning, everyone. We're glad you could join us for our fourth quarter earnings call. As I spent more time with the business over the past several months, engaging with our teams, visiting our operations, and working closely with our leadership group, I've gained a deeper appreciation for both the strengths of our portfolio and the discipline embedded in how we operate. While the market environment continues to evolve, we are focused on executing what is within our control. managing through near-term pressures, and continuing to build a strong foundation for long-term sustainable performance. I'm confident in the organization we have in place and the enhanced strategic direction we are taking as we move forward. With that said, I'm pleased to share that our results for the quarter were ahead of our expectations on both the top and bottom line, despite what continued to be a dynamic and challenging environment. I'd like to thank our team of dedicated and resilient employees for their focus on delivering exceptional products and services to all of our valuable customers. Fiscal 2026 was a year of disciplined execution for Apogee as we navigated a difficult environment while continuing to strengthen our operating foundation. Our teams delivered meaningful gains in safety, service, and productivity and generated solid cash flow. I'd like to emphasize three areas that position us particularly well for the future. First, Performance Services successfully integrated UW Solutions into the segment. They delivered upon the first year financial targets for the acquisition of $100 million in revenue and adjusted EBITDA margin of at least 20%. The total segment delivered revenue of almost $200 million and an accretive margin for the company And we're excited for the future, given the expanded market, greater geographical reach, along with the added substrate capability and coding technology. Second, the Apigee management system continues to drive meaningful improvements across our manufacturing footprint, utilizing technology with embedded AI. Last fiscal year, our architectural metals segment made significant progress, improving outcomes for our tube light brand completing a value stream redesign which resulted in improved service levels and lead times. We also reconfigured our line tech finishing facility in Wausau, Wisconsin, creating a tighter, more connected footprint that streamlined anodizing, paint, and packaging operations. This drove significant reductions in material movement, ultimately creating a leaner and safer environment. AMS has truly become a cornerstone of Apogee's operating success creating a safer work environment for our teams, delivering better quality, service, and reliability for our customers, and building a culture of continuous improvement that will drive even stronger outcomes in the years ahead. And third, we actively managed our cost structure and manufacturing footprint to mitigate portions of direct and indirect tariffs while driving efficiencies across the organization. These decisions were difficult and we certainly don't take them lightly, but we are confident that the actions further position Apogee to successfully navigate the market headwinds we see today and expect in the near future. What we delivered in fiscal 2026 reflects more than just execution. It reflects the strength of a strategy that has guided Apogee through change and positioned us to lead. The strategy we put in place in 2021 continues to serve us well with a clear focus on becoming the economic leader in our target markets, actively managing our portfolio, and strengthening our core capabilities and platforms. That focus has driven meaningful improvement across the business, including a more competitive cost structure through facility consolidation and organizational alignment, tighter supply chain integration, and greater leverage of enterprise back office functions. At the same time, the Apigee management system delivered substantial gains in productivity and safety, we elevated pricing discipline, and sharpened our portfolio, resulting in higher margins and increased profit dollars over the past five years. Moving forward, we are enhancing these strategic pillars to position Apigee as a more growth-oriented, customer-obsessed organization. Pillar number one is focused on accelerating leadership in target markets by differentiating through deep customer focus and insight, shaping what we offer and how we deliver it to be the economic leader in the markets we serve. The second pillar involves growing and strengthening the portfolio through organic and inorganic advancements and differentiated solutions that address evolving customer challenges and deliver lasting value. And the third pillar is all about advancing core capabilities by driving a culture of continuous improvement through operational excellence, talent development, and technology that truly elevates a customer experience. Building on the progress we've made, we continue to identify areas for growth in non-residential construction markets. We see opportunities to further leverage our deep knowledge of this industry by offering differentiated products project expertise, and strong customer relationships across architectural building products and services. At the same time, we're evaluating adjacent opportunities and growth avenues that build on our core capabilities and performance surfaces, including the selective expansion of substrate capabilities and advanced coding technologies. These opportunities have the potential to extend our reach into new markets and geographies, broaden our end market exposure, and provide platform-style growth options for the future. Our focus remains to be disciplined on execution and thoughtful with our capital allocation as we evaluate opportunities intended to support durable returns, long-term earnings, and cash flow generation across the portfolio. By cultivating a broad growth mindset, deepening our commercial and customer insight capabilities, and intentionally expanding into new and adjacent markets, We are positioning Apigee not only to respond to evolving customer needs, but to anticipate them, shaping demand, redefining our competitive space, and creating enduring value over time. As we look ahead, we're reminded that our industry will always move through cycles, but Apigee's future is not defined by those cycles. It's defined by the choices we're making today. By investing in the strategic growth areas where demand is strongest, and by elevating our focus on delivering exceptional value to our customers, we're building the company position not only to navigate the near-term environment, but to achieve long-term sustainable success. I'm deeply proud of what our teams have accomplished, and I'm even more confident in where we're headed. Together, we are creating an Apogee that is stronger, more resilient, and capable of delivering exceptional value for all stakeholders. With that, I'll turn it over to Mark to cover the financials and our fiscal 2027 outlook.