XLI - Acuity Brands Shines in Q1 Stock Hits 52-Week High | Benzinga
Acuity Brands, Inc (NYSE: AYI) reported a first-quarter FY24 net sales decline of 9% year-over-year to $934.7 million, marginally missing the consensus of $935.1 million.
The lighting and building management firm's adjusted EPS of $3.72 beat the consensus of $3.23.
Sales by segments: Acuity Brands Lighting (ABL) and Lighting Controls revenue hit $876.4 million (-7.5% Y/Y), and Intelligent Spaces Group (ISG) clocked $64.2 million (+13.0% Y/Y).
The ...