An update from Atkore International Group ( (ATKR) ) is now available.
Atkore Inc. reported a challenging fiscal 2024, with fourth quarter net sales down $81.6 million to $788.3 million and net income down $67.8 million to $73.1 million compared to the prior year. Despite these declines, Atkore maintained strong cash flow management and shareholder returns, repurchasing $381 million worth of shares and paying dividends. Looking ahead, Atkore expects 2025 net sales between $2.9 billion and $3.2 billion and adjusted EBITDA ranging from $475 million to $525 million, indicating a focus on strategic growth and capital allocation.
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