Acuity reported higher revenue and adjusted earnings in Q2 2025, driven by the acquisition of QSC and strength in its Intelligent Spaces segment. GAAP profitability declined due to acquisition-related costs.
Acuity Brands reported a solid first quarter for fiscal year 2025, with a net sales increase of 2% to $952 million. The company also grew its operating profit and diluted earnings per share, and completed the acquisition of QSC, LLC effective January 1, 2025.
Acuity Brands reported a 2% increase in net sales to $1.03 billion for Q4 2024. Diluted EPS increased by 43% to $3.77, and adjusted diluted EPS rose by 8% to $4.30. The company's operating profit increased by $47.3 million compared to the prior year, with operating profit as a percentage of net sales increasing by approximately 430 basis points.
Acuity Brands reported net sales of $968.1 million, a decrease of 3.2% compared to the prior year. However, the company increased its adjusted operating profit, adjusted operating profit margin, and adjusted diluted earnings per share, and generated strong free cash flow.
Acuity Brands reported a decrease in net sales by 4% to $906 million, but increased operating profit by 6% to $118 million. Diluted EPS increased by 11% to $2.84. The company generated $293M in year-to-date cash flow from operations.
Acuity Brands reported a 6% decrease in net sales to $934.7 million, but increased operating profit by 22% to $132.9 million and diluted EPS by 40% to $3.21. The company generated $190 million in cash flow from operations.
Acuity Brands reported Q4 net sales of $1.0 billion, a 9% decrease compared to the prior year. Diluted EPS was $2.63, while adjusted diluted EPS was $3.97, a 1% increase over the prior year. The company focused on margin and cash generation, leading to increased adjusted operating profit margin and higher adjusted diluted earnings per share despite the sales decline.
Acuity Brands reported a decrease in net sales of 5.7% to $1.0 billion. However, the company expanded adjusted operating profit margin and grew adjusted diluted earnings per share by 7%. They also generated strong cash flow from operations and acquired KE2 Therm.
Acuity Brands reported a 3.8% increase in net sales to $943.6 million in the second quarter of fiscal 2023. The company experienced growth in both its lighting and spaces businesses, expanded adjusted operating profit, and grew adjusted diluted earnings per share. They also generated strong cash flow from operations and continued to repurchase shares.
Acuity Brands reported a net sales increase of 7.8% compared to the prior year, with adjusted diluted EPS increasing by 15%. The company generated $187 million in cash flow from operations and repurchased 0.5 million outstanding shares.
Acuity Brands reported net sales of $1.11 billion for the fiscal fourth quarter ended August 31, 2022, an increase of 11.8 percent compared to the same period in 2021. Diluted earnings per share was $3.48 in the fourth quarter of fiscal 2022, an increase of 27.9 percent as compared to the prior year.
Acuity Brands reported a strong third quarter in fiscal year 2022, with net sales reaching $1.1 billion, an 18% increase over the prior year. Diluted EPS increased by 30% and the company deployed $296 million in share repurchases, demonstrating consistent execution and value generation for shareholders.
Acuity Brands reported a 17% increase in net sales, a 12% increase in operating profit, and a 22% increase in diluted EPS for the second quarter of fiscal 2022. The company's performance was driven by a focus on service and product vitality, enabling it to meet customer demand and invest in long-term growth and transformation.
Acuity Brands reported net sales of $926.1 million for the first quarter of fiscal 2022, an increase of 17% compared to the same period in fiscal 2021. Diluted earnings per share was $2.46, an increase of 57% over the prior year. The company's performance demonstrates prioritizing customers, driving sales growth, and turning that into operating income while continuing to invest in long-term growth and transformation.
Acuity Brands reported net sales of $992.7 million for the fiscal fourth quarter ended August 31, 2021, an 11.4 percent increase compared to the same period in 2020. Diluted earnings per share was $2.72, a 45.5 percent increase, and adjusted diluted earnings per share was $3.27 per share, a 39.1 percent increase.
Acuity Brands reported a 15.9% increase in net sales compared to the prior year, along with an expansion in gross profit margin. The company also announced the closing of the acquisition of ams OSRAM’s North American Digital Systems business and highlighted its commitment to carbon reduction.
Acuity Brands announced net sales of $776.6 million for the second quarter of fiscal 2021, a decrease of 5.8 percent compared to the second quarter of fiscal 2020. Diluted earnings per share was $1.74, and adjusted diluted earnings per share was $2.12 per share.
Acuity Brands' first quarter net sales were $792 million, a decrease of 5.1% compared with the prior-year period. Net income was $60 million, an increase of 4.6% compared with the prior-year period. The company generated free cash flow of $113 million and deployed $255 million of cash to repurchase shares.
Acuity Brands reported Q4 net sales of $891 million, a decrease of 5.0% compared to the prior-year period. Diluted earnings per share (EPS) of $1.87 decreased by 22.7% and adjusted diluted EPS of $2.35 decreased by 14.5% compared with the prior-year period. The company managed to maintain gross profit margins despite a strategic investment in price.
Acuity Brands reported a decrease in net sales by 18.1% compared to the prior-year period, primarily due to a decrease in volume attributed to the COVID-19 pandemic. However, the company expanded gross margins and generated cash through strategic actions taken before and during the pandemic.
Acuity Brands reported a decrease in net sales and earnings per share for the second quarter of fiscal 2020. Net sales decreased by 3.5% compared to the prior-year period, while diluted earnings per share decreased by 13.8%. The company is managing the risks and opportunities presented by the COVID-19 pandemic and adapting the business to current market dynamics.
Acuity Brands reported a decline in first-quarter net sales by 10.5% to $834.7 million compared to the previous year, which was greater than expected due to weaker market demand. Net income also decreased by 28% to $57.0 million, and diluted earnings per share (EPS) decreased by 27% to $1.44. The company is implementing streamlining actions to reduce operating costs in response to the uncertain market environment.