Atkore at 38th Annual Roth Conference: Strategic Review and Growth Outlook

On Tuesday, 24 March 2026, Atkore International Group Inc. (NYSE:ATKR) presented at the 38th Annual Roth Conference, highlighting its first-quarter performance and strategic plans. While the company exceeded expectations in revenue, EBITDA, and EPS, it maintained its full-year guidance. Key points included growth in the solar torque tube business and construction services, alongside a strategic review contemplating potential divestitures.

Atkore’s Q1 2026 financial performance surpassed expectations:

Atkore is focusing on strategic growth and operational efficiency:

Atkore’s strategic initiatives aim to sustain growth and innovation:

Key insights from the conference call include:

In conclusion, Atkore’s presentation at the Roth Conference outlined a robust start to 2026 and a strategic focus on growth and efficiency. For more detailed insights, refer to the full transcript below.

Justin, Analyst: Cable management systems. They’re one of the leading players in the U.S. here. We have with us the CFO, John Deitzer, and we also have Matt Kline, Vice President of Treasury and Investor Relations. Thanks for joining us today.

John Deitzer, CFO, Atkore: Thank you, Justin. Appreciate everybody joining us here today as well.

Justin, Analyst: I thought, maybe we could start out on guidance. You guys had your earnings report, you know, somewhat recently here, and you had delivered ahead of expectations revenue, EBITDA, EPS, but you maintained the full year guidance. Just wanted to check in, see how things have been progressing since you reported, on how things are tracking relative to expectations, you know, at the start of the year.

John Deitzer, CFO, Atkore: Yeah. Thank you. Again, thank you all for joining us here today. We were pleased with our first quarter results. As you mentioned, we were, you know, at the top end of our range or within expectations. Really, in the first quarter, there were several things that we’re pretty pleased about. First of all, volume growth in the quarter was just right around 2.5%, but we also had a few less shipping days, so on a day’s basis, we’re probably even slightly higher. That was a positive momentum for us. For the year, we do have an expectation of mid-single digit volume growth for the year.

Slightly under that in the first quarter, but do project that to increase as we move throughout the year, and I’m sure we’ll talk a little bit more about that. Also in the first quarter, you know, pretty excited about the positive momentum we had in it from a productivity standpoint and an operational efficiency. That was a key driver and a positive. We did have a few things that were somewhat isolated benefits that we had in the quarter from a productivity and operational efficiency standpoint that won’t necessarily repeat into the future, but did have some, you know, benefits in the first quarter. Really pleased about those items in the first quarter.

Also from an ASP perspective, one thing we saw in the first quarter was our average selling prices were down also about 2.5%-3%. That was. The rate of change of that decline, though, was significantly reduced from where it had been historically. In the prior year first quarter, I think we were around 12%-13%, and last year in the second quarter, we were around 16%-17%. This year we’re down around 2.5%-3%. I’m sure we’ll talk about some of those dynamics, but we are seeing the rate of change and decline of our ASP, which has been. We’ve been on a multi-year journey of pricing normalization, and so we’ve seen that change start to you know, normalize and reduce.

Given where we’re at here in the quarter, probably difficult to, you know, articulate too much about the forward look versus what we said back in, you know, early February on the earnings call. The only thing I’ll say about the first quarter, it was slightly above, but it was somewhat within our expectations and within the expectations for the year. We’re always gonna have a little bit of flow as you have between quarters and things like that. We were pleased with the results and the execution in the first quarter for a lot of the items we just talked about, you know, and then provided the rest of the outlook.

Justin, Analyst: Okay. Great. I guess I think on the call, you had also outlined that you’re anticipating more of a ramp up in the second half, so more heavily weighted in H2 than H1. Maybe you could just walk through what are the key drivers of that ramp that you’re anticipating and what visibility you have into those at this point.

John Deitzer, CFO, Atkore: Yeah. Great. In our business, you know, as Justin kind of articulated at the start, and for those of us that don’t know us, we primarily service the non-residential construction industry. Also do have some exposure to the residential construction industry, and then some other end markets, the solar industry as well, that we’ll touch on in a minute. Given our exposure to the construction industry in general, we do have that natural seasonal element. Our fiscal year ends on September thirtieth. Our spring and summer, you know, is really the high point of our volume and expectations is, it aligns with the summer construction season. Naturally, we would historically had seen a higher second half than first half, just given that seasonal dynamic.

We definitely see that element playing out this year. Over the past few years, there’s been some other ancillary dynamics, whether it was, you know, Liberation Day last year, you know, kind of somewhat causing disruption in the market or some of the other events that we’ve talked about over the past few years, COVID, et cetera, kind of dislocating some of that. But this year we are anticipating a more normal seasonal ramp second half versus first half. That’s kind of the first underlying assumption. Second is we do see, you know, low single digit volume growth for the market consistent with what we talked about, you know, that 3% Dodge’s growth we saw in the first quarter. You know, that’s consistent in the market.

Our ability to outgrow that, we do have that mid-single digit volume expectations really driven by a few, you know, Atkore specific items. First, we are expecting, you know, our solar torque tube business to grow here in calendar 2026. That’s been a business that’s had some ups and downs for us over the past few years, but we think, you know, given where our operational efficiency is today, now finally nicely lining up with the market conditions, we’re set up to execute and drive volume out of the facility where we made some investments in Northwest Indiana the past few years. Excited about that, and that would be a second half driver here versus, you know, really the, what we’ve seen in the first quarter. Other key parts of the business would be our construction services business.

This would be where we do for a large project owner, whether it’s in a data center or a chip manufacturing facility or another heavy industrial, you know, construction project where we have a more holistic solution from the engineering and design work up front through the manufacturing of the product and, specifically in our metal framing and cable tray product lines, through to the assembly, you know, close by or, you know, somewhat geographically close to the final project, and then the assembly on site. We have line of sight to a few of those larger projects that should start to happen in the back half of this year. They are, you know, pretty sizable.

We’ve had some of those the past few years, and we’ve talked about when we see the ramp of those fall off, you know, we can have a little bit of lumpiness. That comes through in our metal framing, cable management, and construction services product category, which is roughly north of 25% of company sales today. That’s now become somewhat of our largest product category. You know, in totality, it combines several things in there. Taking that with the growth in solar, the seasonal ramp, some other investments in capacity and capability that we’ve made over the past few years, those are the items which give us, you know, a higher expectation for the second half than the first half.

Justin, Analyst: Got it. Just maybe following up on that, where do you have the most visibility in terms of like, do you have orders and backlog secured for solar at this point in time, or for construction services, or when would you anticipate kind of locking in the orders for those segments?

John Deitzer, CFO, Atkore: With different customers, it can kind of behave in a little bit different of a way where you know and versus what’s a clear purchase order versus you know a letter of intent or a working agreement and things like that. Various customers have different ways. That being said, the feedback we’re getting from the market, especially on the solar side and on the construction side, is you know a pretty solid expectation of that. You know what’s different is our traditional electrical business, which goes through the electrical distribution channel here in the U.S., where generally we only have two weeks of backlog.

Now, we try to triangulate using things like, you know, the contractor’s backlog from, you know, the Associated Builders and Contractors, you know, market feedback from the distributors and other large players in the market to help us triangulate beyond that two weeks of visibility. But really, on the electrical business in North America, which is roughly 75% of company sales, that is a two- to three-week backlog business. These other parts of the business are smaller, but we do have somewhat more visibility based off of some of the working relationships we have with people.

Justin, Analyst: Right. Okay. Then, I was looking. It looked like the Dodge Momentum Index for February was down about 7%, and I think January was revised lower a bit. Just wondering if that’s being reflected in terms of demand that you’re seeing. Are you seeing