Description

Atkore International Breaks Its Sales Slump — The First Increase Since Fiscal 2022!

Atkore International Inc. reported second quarter fiscal year 2026 results marked by sequential improvements and ongoing strategic repositioning. The company achieved net sales of $731 million and an adjusted EBITDA of $81 million, with adjusted earnings per share (EPS) of $1.23. These metrics showed improvement from the previous quarter and represented the first quarterly net sales increase since the fourth quarter of fiscal 2022. Organic volume grew 5% year-over-year, driven by contributions from both the Electrical and Steel & Industrial (S&I) segments. Atkore’s performance reflected solid productivity gains, continuing the momentum after strong improvements in the prior fiscal year. The company undertook a series of strategic actions including divestitures of non-core businesses such as its high-density polyethylene (HDPE) operations and a surface protection and powder coating business in Belgium. Additionally, it ceased manufacturing at three U.S. facilities and completed the sale of other smaller assets.