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Aug 31, 2022
Acuity Brands Q4 2022 Earnings Report
Acuity Brands reported strong Q4 2022 results, with increased net sales and diluted EPS.
Key Takeaways
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.
Net sales increased 12% in Q4 2022.
Diluted EPS increased 28% in Q4 2022.
Gross profit was $462.5 million, an increase of 10% as compared to prior year.
Operating profit was $149.6 million, an increase of 12.7% as compared with the prior year.
Acuity Brands
Acuity Brands
Forward Guidance
The company did not provide specific forward guidance in the press release.