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.
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