Quarterly ResultJun 25, 2026, 07:36 AM
Acuity Q3 Net Sales $1.2B, EPS $4.56; Adj. EPS $5.31
AI Summary
Acuity Inc. reported strong third-quarter fiscal 2026 results, with net sales increasing 1.6% to $1.2 billion. The company achieved a significant 46.2% rise in diluted EPS to $4.56 and a 3.7% increase in adjusted diluted EPS to $5.31. Operating profit surged by 38.3% to $193.3 million, driven by solid execution and growth in its Acuity Intelligent Spaces segment. The company also generated strong cash flow from operations and continued its share repurchase program.
Key Highlights
- Net sales reached $1.2 billion, an increase of 1.6% compared to the prior year.
- Diluted EPS was $4.56, up 46.2% year-over-year.
- Adjusted diluted EPS grew to $5.31, an increase of 3.7% year-over-year.
- Operating profit increased by 38.3% to $193.3 million.
- Acuity Intelligent Spaces (AIS) net sales rose 14.9% to $303.5 million.
- Acuity Brands Lighting (ABL) net sales decreased 1.9% to $905.2 million.
- Net cash from operating activities was $520.2 million for the first nine months.
- Repurchased approximately 766,000 shares for $230 million year-to-date.
Price Impact
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