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Apogee second quarter earnings double

Glass products maker Apogee Enterprises Inc. recently reported fiscal second-quarter earnings that more than doubled from a year ago, and revised its full-year outlook upward based on a strong first h…

Glass products maker Apogee Enterprises Inc. recently reported fiscal second-quarter earnings that more than doubled from a year ago, and revised its full-year outlook upward based on a strong first half of the current fiscal year. Minneapolis-based Apogee reported second-quarter earnings of US$ 10.3 million or 36 cents per share, versus US$ 4.2 million or 15 cents per share a year ago. Second quarter net sales totaled US$ 210 million, versus US$ 236 million a year before. The company said it expects to report full-year earnings of 85 cents to 90 cents per share, up from previous guidance of 64 cents to 74 cents. It said it expects to report fiscal 2003 earnings of US$ 1 per share.

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