Acuity Inc. Reports Q3 Sales Growth of 22%, Adjusted EPS Up 23%

Reuters
06-26
Acuity Inc. Reports Q3 Sales Growth of 22%, Adjusted EPS Up 23%

Acuity Inc. reported strong performance for the third quarter of fiscal 2025, with net sales reaching $1.2 billion, marking a 21.7% increase from the previous year. The company recorded an operating profit of $139.8 million, a decrease of 3.8% compared to the prior year. However, adjusted operating profit rose by 32.7% to $221.7 million. Diluted earnings per share for the quarter were $3.12, reflecting a 13.8% decrease from the prior year. In contrast, adjusted diluted earnings per share increased by 23.4% to $5.12. In segment performance, Acuity Brands Lighting $(ABL)$ generated net sales of $923.2 million, a 2.7% rise from the previous year. Operating profit for ABL decreased by 11.6% to $134.0 million, while adjusted operating profit grew by 7.3% to $173.9 million. During the quarter, Acuity Inc. undertook productivity actions in the ABL segment, resulting in $29.7 million of special charges related to brand elimination, associate severance, and facility reorganization.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Acuity Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9484834-en) on June 26, 2025, and is solely responsible for the information contained therein.

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