Atkore International Group Inc. Divests FlexHead® and SprinkFLEX Business
Atkore Inc. (ATKR)
Last atkore inc. earnings: 8/7 06:00 am
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Source: Business Wire
HARVEY, Ill.--(BUSINESS WIRE)-- Atkore International Group Inc. (“Atkore”), today announced that it has completed the sale of the assets of FlexHead® Industries, Inc. and SprinkFLEX, LLC to Anvil International, LLC. “We continuously review the viability of all aspects of our business to ensure alignment to our corporate strategy, core product offerings and targeted customer base,” commented John Williamson, President and Chief Executive Officer of Atkore International. “The divestiture of the FlexHead and SprinkFLEX business not only lowers Atkore’s net debt, but also allows us to redirect resources to other strategic opportunities that will help Atkore better serve the needs of our customers, support growth initiatives and make us a stronger company overall.” The FlexHead and SprinkFLEX businesses manufacture commercial flexible sprinkler head connection products for use in a variety of markets,
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News
- Atkore Inc. Announces Second Quarter Fiscal Year 2024 Earnings Release Date and Conference CallBusiness Wire
- Atkore Inc. (NYSE: ATKR) had its price target raised by analysts at Citigroup Inc. from $176.00 to $200.00. They now have a "neutral" rating on the stock.MarketBeat
- Atkore: Tame The Enthusiasm [Seeking Alpha]Seeking Alpha
- Atkore Inc. (NYSE: ATKR) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Atkore Inc. (NYSE: ATKR) had its "outperform" rating re-affirmed by analysts at Royal Bank of Canada. They now have a $187.00 price target on the stock.MarketBeat
ATKR
Earnings
- 2/1/24 - Beat
ATKR
Sec Filings
- 3/14/24 - Form 4
- 3/14/24 - Form 144
- 3/13/24 - Form 4
- ATKR's page on the SEC website