From Yahoo Finance: 2025-03-29 19:13:00

Construction stocks are plunging in 2025, including Apogee Enterprises Inc (APOG). The industry faces a slowdown, with projects stalling and demand weakening. Despite exceeding sales and earnings expectations, APOG’s stock is down due to minimal revenue growth and weak demand. The company revised its outlook, projecting a 5% decline in full-year net sales. Operating margin and diluted EPS decreased, and a recent acquisition added revenue but diluted EPS due to increased expenses. APOG ranks 5th on the list of plunging construction stocks, with potential for investment but overshadowed by more promising AI stocks.



Read more at Yahoo Finance: Why Apogee Enterprises Inc (APOG) Is Plunging in 2025?