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Feb 28, 2022
Acuity Brands Q2 2022 Earnings Report
Acuity Brands reported strong second-quarter results, with increased net sales, operating profit, and diluted EPS compared to the prior year.
Key Takeaways
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.
Net sales increased 17% over the prior year.
Operating profit increased 12% over the prior year.
Diluted EPS increased 22% over the prior year.
ABL generated net sales increase of 17.1% and ISG generated net sales increase of 15.5%.
Acuity Brands
Acuity Brands
Forward Guidance
Acuity Brands did not provide specific forward guidance in this earnings report.