Latest news with #Atkore
Globe and Mail
6 days ago
- Business
- Globe and Mail
Atkore Inc. Announces CEO's Decision to Retire
Atkore Inc. ('Atkore') (NYSE: ATKR) today announced that William (Bill) Waltz, Chief Executive Officer and President, has informed the Atkore Board of Directors of his decision to retire from the Company. Mr. Waltz plans to serve in his roles until a successor is appointed. This press release features multimedia. View the full release here: William (Bill) Waltz, Atkore President and CEO The Atkore Board is engaged in its succession plan process to identify the Company's next CEO . On his upcoming retirement, Mr. Waltz said, 'I have been part of Atkore's leadership team for 12 years, including seven as CEO. Leading Atkore truly has been the honor and privilege of my 40-year business career. I'm proud of our company's achievements to date, including expanding our capabilities to capture opportunities from global megatrends and instilling a culture of discipline and excellence by leveraging the Atkore Business System. Atkore has a strong foundation in place in large part due to our dedicated and talented employees. I am committed to continuing to execute our strategy and drive improved performance for the benefit of all our stakeholders. While I'm not going anywhere just yet, I look forward to spending more time with my family upon my retirement.' 'On behalf of the Board, I want to thank Bill for his tireless energy, hard work and accomplishments over his tenure with the Company and as CEO,' said Michael Schrock, Chairman of Atkore's Board of Directors. 'Under his leadership, Atkore has built a diverse portfolio of products and solutions to meet increased demands for electrification and digitization, all while delivering value to our employees, customers and shareholders. His conviction to Atkore's mission of 'being the customer's first choice' is equally shared among the rest of the Atkore executive team, and together, they will continue to drive the business forward and facilitate a smooth transition to a new CEO.' In a separate press release issued today, Atkore announced financial results for the third quarter of fiscal year 2025. The Company will hold a conference call and live webcast to discuss these results at 8:00 a.m. Eastern Time on August 5, 2025. About Atkore Inc. Atkore is a leading manufacturer of electrical products for commercial, industrial, data center, telecommunications, and solar applications. With 5,600 employees and $3.2B in sales in fiscal year 2024, we deliver sustainable solutions to meet the growing demands of electrification and digital transformation. To learn more, please visit
Business Wire
6 days ago
- Business
- Business Wire
Atkore Inc. Announces CEO's Decision to Retire
HARVEY, Ill.--(BUSINESS WIRE)--Atkore Inc. ('Atkore') (NYSE: ATKR) today announced that William (Bill) Waltz, Chief Executive Officer and President, has informed the Atkore Board of Directors of his decision to retire from the Company. Mr. Waltz plans to serve in his roles until a successor is appointed. The Atkore Board is engaged in its succession plan process to identify the Company's next CEO. On his upcoming retirement, Mr. Waltz said, 'I have been part of Atkore's leadership team for 12 years, including seven as CEO. Leading Atkore truly has been the honor and privilege of my 40-year business career. I'm proud of our company's achievements to date, including expanding our capabilities to capture opportunities from global megatrends and instilling a culture of discipline and excellence by leveraging the Atkore Business System. Atkore has a strong foundation in place in large part due to our dedicated and talented employees. I am committed to continuing to execute our strategy and drive improved performance for the benefit of all our stakeholders. While I'm not going anywhere just yet, I look forward to spending more time with my family upon my retirement.' 'On behalf of the Board, I want to thank Bill for his tireless energy, hard work and accomplishments over his tenure with the Company and as CEO,' said Michael Schrock, Chairman of Atkore's Board of Directors. 'Under his leadership, Atkore has built a diverse portfolio of products and solutions to meet increased demands for electrification and digitization, all while delivering value to our employees, customers and shareholders. His conviction to Atkore's mission of 'being the customer's first choice' is equally shared among the rest of the Atkore executive team, and together, they will continue to drive the business forward and facilitate a smooth transition to a new CEO.' In a separate press release issued today, Atkore announced financial results for the third quarter of fiscal year 2025. The Company will hold a conference call and live webcast to discuss these results at 8:00 a.m. Eastern Time on August 5, 2025. About Atkore Inc. Atkore is a leading manufacturer of electrical products for commercial, industrial, data center, telecommunications, and solar applications. With 5,600 employees and $3.2B in sales in fiscal year 2024, we deliver sustainable solutions to meet the growing demands of electrification and digital transformation. To learn more, please visit
Yahoo
04-08-2025
- Business
- Yahoo
What To Expect From Atkore's (ATKR) Q2 Earnings
Electrical safety company Atkore (NYSE:ATKR) will be reporting earnings this Tuesday before market open. Here's what you need to know. Atkore beat analysts' revenue expectations by 0.6% last quarter, reporting revenues of $701.7 million, down 11.5% year on year. It was a very strong quarter for the company, with a solid beat of analysts' EBITDA estimates and a solid beat of analysts' adjusted operating income estimates. Is Atkore a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Atkore's revenue to decline 10.2% year on year to $738.6 million, in line with the 10.5% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.58 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Atkore has missed Wall Street's revenue estimates five times over the last two years. Looking at Atkore's peers in the electrical systems segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Vertiv delivered year-on-year revenue growth of 35.1%, beating analysts' expectations by 12%, and Acuity Brands reported revenues up 21.7%, topping estimates by 3.1%. Vertiv traded up 2% following the results while Acuity Brands was also up 5.8%. Read our full analysis of Vertiv's results here and Acuity Brands's results here. Investors in the electrical systems segment have had steady hands going into earnings, with share prices flat over the last month. Atkore is up 3.1% during the same time and is heading into earnings with an average analyst price target of $77.67 (compared to the current share price of $75.92). When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we've found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
30-07-2025
- Business
- Yahoo
Atkore Inc. Declares Quarterly Dividend
HARVEY, Ill., July 30, 2025--(BUSINESS WIRE)--The Board of Directors of Atkore Inc. (the "Company") (NYSE: ATKR), a leading manufacturer of electrical products for commercial, industrial, data center, telecommunications, and solar applications, today declared a quarterly cash dividend of $0.33 per share of common stock payable on August 29, 2025, to stockholders of record on August 19, 2025. About Atkore Inc. Atkore is a leading manufacturer of electrical products for commercial, industrial, data center, telecommunications, and solar applications. With 5,600 employees and $3.2B in sales in fiscal year 2024, we deliver sustainable solutions to meet the growing demands of electrification and digital transformation. To learn more, please visit Dissemination of Company Information Atkore intends to make future announcements regarding company developments and financial performance through its website, as well as through press releases, filings with the Securities and Exchange Commission, conference calls, media broadcasts, and webcasts. View source version on Contacts Media Contact:Lisa WinterVice President - Communications708-225-2453AtkoreCommunications@ Investor Contact:Matthew KlineVice President - Treasury & Investor Relations708-225-2116Investors@ Sign in to access your portfolio
Associated Press
12-07-2025
- Business
- Associated Press
ATKORE INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Atkore Inc.
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Jul 11, 2025-- Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC ('KSF'), announces that KSF has commenced an investigation into Atkore Inc. (NYSE: ATKR). In July 2024, the Company was named as a defendant in a number of civil antitrust lawsuits alleging that, from at least April 1, 2021, it and other U.S.-based PVC Pipe manufacturers conspired to artificially inflate the price of PVC Pipes through the exchange of competitively sensitive business information regarding PVC Pipe pricing and sales through an industry newsletter called Oil Price Information Service, LLC ('OPIS'), in violation of federal antitrust laws. Thereafter, the Company and certain of its executives were sued in a securities class action lawsuit, charging them with failing to disclose material information in violation of federal securities laws, which remains ongoing. KSF's investigation is focusing on whether Atkore's officers and/or directors breached their fiduciary duties to its shareholders or otherwise violated state or federal laws. If you have information that would assist KSF in its investigation, or have been a long-term holder of Atkore shares and would like to discuss your legal rights, you may, without obligation or cost to you, call toll-free at 1-833-938-0905 or email KSF Managing Partner Lewis Kahn ( [email protected] ), or visit to learn more. About Kahn Swick & Foti, LLC KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors - in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, New Jersey, and a representative office in Luxembourg. TOP 10 Plaintiff Law Firms - According to ISS Securities Class Action Services To learn more about KSF, you may visit CONNECT WITH US: Facebook || Instagram || YouTube || TikTok || LinkedIn View source version on CONTACT: Kahn Swick & Foti, LLC Lewis Kahn, Managing Partner [email protected] 1-877-515-1850 1100 Poydras St., Suite 960 New Orleans, LA 70163 KEYWORD: UNITED STATES NORTH AMERICA LOUISIANA INDUSTRY KEYWORD: CLASS ACTION LAWSUIT PROFESSIONAL SERVICES LEGAL SOURCE: Kahn Swick & Foti, LLC Copyright Business Wire 2025. PUB: 07/11/2025 06:08 PM/DISC: 07/11/2025 06:08 PM
