- Atkore Inc. (ATKR, Financial) anticipates Q2 2025 net sales between $695-705 million and projects a net loss of $77-41 million.
- The company expects an adjusted EBITDA of $115-118 million despite a $121-162 million non-cash impairment charge on HDPE assets.
- Atkore maintains its full-year fiscal 2025 guidance, forecasting net sales of $2,850-2,950 million and adjusted EBITDA of $375-425 million.
Atkore Inc. (ATKR), a leading manufacturer of electrical products, has released preliminary estimates for the second quarter of 2025. The company projects net sales of approximately $695 million to $705 million, alongside a net loss ranging from $(77) million to $(41) million. Despite these anticipated losses, Atkore expects an adjusted EBITDA of $115 million to $118 million, reflecting mid-single digit volume growth and enhanced manufacturing productivity.
A significant factor contributing to the net loss is a projected non-cash impairment charge of $121 million to $162 million related to HDPE pipe and conduit assets. This impairment is driven by the emergence of competing technology, acceleration of constraints on public spending, and delays in government stimulus funding for broadband infrastructure investments.
Despite these challenges, Atkore remains optimistic about the future. The company is maintaining its fiscal year 2025 guidance, with projected net sales of $2,850 million to $2,950 million and adjusted EBITDA between $375 million and $425 million. Furthermore, Atkore has successfully negotiated a new five-year labor contract at its Harvey, Illinois facility, which is expected to provide operational stability and cost visibility through 2029.
