ATKR — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-08-04

• On August 2, 2026, Atkore entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Prysmian S.p.A., a company organized under the laws of the Republic of Italy (“Prysmian”), Trinity Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of Prysmian (“Merger Sub”), a…

• Pursuant to the Merger Agreement, at the effective time of the Merger (the “Effective Time”), each share of Atkore’s common stock issued and outstanding immediately prior to the Effective Time (subject to certain customary exceptions specified in the Merger Agreement) will be converted into the righ…

• The consummation of the Merger is subject to the satisfaction or waiver of customary closing conditions, including, among others, the adoption of the Merger Agreement by the affirmative vote of the holders of a majority of the outstanding shares of Atkore’s common stock entitled to vote thereon at a…

• The consolidated results of operations for the three months ended June 26, 2026 and June 27, 2025 were as follows:

• Net sales increased by $59.8 million, or 8.1%, to $794.8 million for the three months ended June 26, 2026, compared to $735.0 million for the three months ended June 27, 2025. The increase in net sales is primarily attributed to increased sales volume of $65.7 million, increased average selling pric…

Text removed vs the prior filing · source: 10-Q · 2026-05-06

• In fiscal 2025, the Company announced a series of plant closures and a broader strategic review of the Company’s portfolio, which could result in the divestiture of certain businesses. Restructuring costs and activities related to the strategic review could result in increased selling, general and a…

• The consolidated results of operations for the three months ended March 27, 2026 and March 28, 2025 were as follows:

• Net sales increased by $29.7 million, or 4.2%, to $731.4 million for the three months ended March 27, 2026, compared to $701.7 million for the three months ended March 28, 2025. The increase in net sales is primarily attributed to increased sales volume of $32.3 million, increased average selling pr…

• Cost of sales increased by $78.7 million, or 15.2%, to $595.3 million for the three months ended March 27, 2026 compared to $516.6 million for the three months ended March 28, 2025. The increase was primarily due to increased inputs costs of $82.1 million and increased sales volume of $19.4 million …

• Selling, general and administrative expenses increased by $8.9 million, or 9.0%, to $107.9 million for the three months ended March 27, 2026 compared to $99.0 million for the three months ended March 28, 2025. The increase was primarily due to increased compensation costs, net of productivity initia…

Text added vs the prior filing · source: 10-Q · 2026-08-04

• reported within the time periods specified in the SEC rules and forms, and that such information is accumulated and communicated to our management, including our Chief Executive Officer and Chief Financial Officer, as appropriate, to allow timely decisions regarding required disclosure.

• There have been no changes to our internal control over financial reporting in connection with the evaluation required by Rules 13a-15(d) and 15d-15(d) under the Exchange Act during the most recent fiscal quarter that have materially affected, or are reasonably likely to materially affect, our inter…

Text removed vs the prior filing · source: 10-Q · 2026-05-06

• There have been no changes to our internal control over financial reporting in connection with the evaluation required by Rules 13a-15(d) and 15d-15(d) under the Exchange Act during the most recent

• fiscal quarter that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

Text added vs the prior filing · source: 10-Q · 2026-08-04

• The completion of the Merger is subject to a number of conditions, many of which are largely outside the parties’ control, and, if these conditions are not satisfied or waived, the Merger may not be completed within the expected timeframe or at all

• On August 2, 2026, Atkore entered into the Merger Agreement, pursuant to which, at the closing of the transactions contemplated by the Merger Agreement, Merger Sub will merge with and into Atkore, and the separate corporate existence of Merger Sub will cease, with Atkore continuing as the surviving …

• There can be no assurance that the conditions to completion of the Merger, including the receipt of required regulatory approvals, will be satisfied or waived on a timely basis or at all. Further, there can be no assurance that governmental entities will not impose conditions, terms, obligations or …

• While the Merger is pending, we will be subject to business uncertainties and certain contractual restrictions that could adversely affect our business, results of operations or financial condition

• We have expended, and continue to expend, significant management time and resources in an effort to complete the Merger, which may have a negative impact on our ongoing business and operations. Uncertainty regarding the outcome of the Merger and our future could disrupt our business relationships wi…

Text added vs the prior filing · source: 10-Q · 2026-08-04

• Mark Lamps, President, Safety & Infrastructure, initiated a new Rule 10b5-1 trading arrangement on May 11, 2026. This trading arrangement has a start date of August 10, 2026 and a plan end date of August 15, 2027. Under the trading arrangement, 1,200 shares are available to be sold by the broker on …

• Dan Kelly, Vice President, General Counsel and Corporate Secretary, initiated a new Rule 10b5-1 trading arrangement on May 11, 2026. This trading arrangement has a start date of August 10, 2026 and a plan end date of November 28, 2027. Under the trading arrangement, 18,988 shares are available to be…

Text removed vs the prior filing · source: 10-Q · 2026-05-06

• During the quarter ended March 27, 2026, no activity occurred requiring disclosure under Item 408(a) of Regulation S-K.