Apogee Enterprises, Inc.

Thank you for standing by. Welcome to the Apogee Enterprises first quarter earnings conference call. At this time, all participants are on 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'll 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 2027 first quarter earnings call. On the call today are Don Nolan, Apogee's chief executive officer, and Mark Augdahl, 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 first quarter earnings call. Our team delivered revenue of $343 million and adjusted diluted EPS of 57 cents in the quarter, demonstrating strong execution across the business. We effectively navigated a challenging environment marked by rising aluminum costs, a dynamic macroeconomic backdrop, and elevated interest rates. These results were supported by a sustained focus on cost control, and thoughtful pricing actions in response to higher input costs. Across our segments, results reflected a mix of solid performance and continued variability in end markets. In metals, pricing actions and cost savings from Fortify II drove margin expansion supported by favorable mix and ongoing productivity improvements. We also made continued progress in operational performance, improving quality and on-time delivery while strengthening customer relationships. Services delivered its ninth consecutive quarter of top-line growth and also increased backlog sequentially, reflecting steady project award wins and improving project flow. Performance Services sustained its positive momentum with another quarter of growth supported by healthy demand across key end markets. Margins were impacted by rising input costs, which drove pricing actions during the quarter that we expect to benefit results through the remainder of the fiscal year. In glass, results remain pressured by softer conditions and new construction and lower demand for premium product offerings. We are implementing an action plan to improve performance, prioritizing initiatives to drive order rates, enhance operational productivity, and strengthen cost management. I'm proud of our team's performance in the quarter and the progress we're making across the business. The team's actions are aligned to improve results, and we remain on track to deliver on our full year guidance. As we discussed last quarter, we're actively advancing our strategy, executing on our enhanced three-color framework while improving the overall quality and durability of our portfolio. CalWall is a strong example of this strategy in action, demonstrating how we are building capabilities and expanding into areas that support long-term profitable growth. Our M&A process remains active as we continue to evaluate additional opportunities that align with our growth priorities and financial criteria. Turning to the CalWall acquisition, this is a highly strategic addition that aligns with the M&A priorities we've outlined over the past several quarters. CalWall expands our presence in attractive, faster-growing areas of the building envelope market, particularly in day-lighting solutions that are engineered are all specification-driven and aligned with energy efficiency trends. It strengthens our position with architects and specifiers and enhances our ability to deliver differentiated, high-performance solutions across key end markets such as education, healthcare, and other institutional applications. From a financial perspective, CalWall is an attractive addition to our portfolio. The business operates with margins that are accretive to Apigee's current profile and is supported by specification-driven demand. It also is expected to enhance the durability of our earnings, which should offset the more cyclical elements of our glass segment. Overall, the acquisition enhances the quality and resilience of our earnings profile over time. From an integration perspective, our priority is to preserve what has made CalWall successful. while identifying opportunities to collaborate and create value across the broader Apogee portfolio. We will pursue synergies over time along with opportunities to drive revenue by leveraging our relationships with architects, designers, and glazing contractors. As we begin integration planning, we are taking a structured approach across key functions including finance, human resources, and sales and marketing. Our efforts are focused on aligning financial reporting and controls, maintaining stability in talent and culture, and strengthening our go-to-market approach over time, while ensuring strong day-to-day execution and continued customer engagement. As we look ahead, we remain focused on strong near-term execution while positioning Apogee for long-term value creation. CalWall represents an important step in advancing our strategy to build a more differentiated, higher margin, and specification-driven portfolio while maintaining the operational discipline that has long defined this company. We are managing the business for the environment we see today while taking deliberate actions to improve the quality and durability of our earnings over time. We believe that combination, near-term discipline paired with long-term strategic progress, positions Apogee well to deliver sustainable value. With that, I'll turn it over to Mark to cover the financials.