Quarterly ResultJun 25, 2026, 07:31 AM
Acuity Q3 Net Sales $1.198B; Net Income $141M; EPS $4.56
AI Summary
Acuity reported strong financial results for the third quarter and nine months ended May 31, 2026. Net sales, net income, and diluted EPS all increased significantly compared to the prior year periods. The company also established a new $800.0 million revolving credit facility and continued its share repurchase program, buying back $229.9 million of common stock. Additionally, Acuity recorded $6.4 million in tariff refunds.
Key Highlights
- Net sales for Q3 2026 increased to $1,198.0 million from $1,178.6 million in Q3 2025.
- Net income for Q3 2026 rose to $141.0 million compared to $98.4 million in Q3 2025.
- Diluted EPS for Q3 2026 was $4.56, up from $3.12 in Q3 2025.
- Nine-month net sales reached $3,397.4 million, an increase from $3,136.5 million in prior year.
- Nine-month net income was $358.3 million, up from $282.6 million in prior year.
- Entered into a new $800.0 million five-year unsecured revolving credit facility.
- Repurchased $229.9 million of common stock during the nine months ended May 31, 2026.
- Recorded $6.4 million in tariff refunds during the three and nine months ended May 31, 2026.
Price Impact
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