Atkore reported a net loss of $50.1 million on net sales of $701.7 million for the second quarter of fiscal year 2025. Net sales decreased by 11.5% primarily due to lower average selling prices, partially offset by a 5% increase in organic volume.
Net sales decreased by 11.5% to $701.7 million compared to the prior year.
The decrease in net sales was primarily driven by lower average selling prices, despite a 5% increase in organic volume.
The company reported a net loss of $50.1 million, a significant decrease from net income of $138.0 million in the prior year, largely due to lower gross profit and asset impairment charges.
Adjusted EBITDA decreased by 45.1% to $116.4 million compared to the prior year.
Atkore is maintaining its full fiscal year 2025 outlook for Adjusted EBITDA and Adjusted net income per diluted share.
Visualization of income flow from segment revenue to net income