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Nov 30, 2024
Acuity Brands Q1 2025 Earnings Report
Delivered sales growth and EPS expansion, and completed QSC acquisition post-quarter.
Key Takeaways
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.
Net sales reached $952 million, a 2% increase year-over-year.
Operating profit remained flat at $133 million, while adjusted operating profit increased by 3% to $159 million.
Diluted EPS increased by 4% to $3.35, and adjusted diluted EPS increased by 7% to $3.97.
The acquisition of QSC, LLC was completed effective January 1, 2025.
Acuity Brands
Acuity Brands
Forward Guidance
No specific forward guidance was provided in the press release.