Acuity Posts Jump in 3Q Sales, Higher-Than-Expected Earnings

Dow Jones

Jun 26

By Connor Hart

Acuity's sales jumped in its fiscal third quarter, while earnings came in ahead of Wall Street's estimates.

The company, which provides lighting and building-management solutions, on Thursday posted net income of $98.4 million, or $3.12 a share, for its three months ended May 31, compared with net income of $113.9 million, or $3.62 a share, a year earlier.

Adjusted per-share earnings came in at $5.12, topping the $4.44 that analysts polled by FactSet expected.

Sales increased 22%, to $1.18 billion, just above the $1.15 billion that Wall Street modeled.

Sales from its lighting business ticked up 2.7% to $923.2 million from a year earlier. The company noted that it accelerated productivity actions in the business during the recent quarter, resulting in $29.7 million of special charges that included the elimination of brands, associate severance and facility reorganization.

Acuity's intelligent-spaces unit notched sales of $264.1 million, more than tripling from prior-year results.

Shares were up 7.8%, to $310, in premarket trading.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

June 26, 2025 06:48 ET (10:48 GMT)

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The company noted that it accelerated productivity actions in the business during the recent quarter, resulting in $29.7 million of special charges that included the elimination of brands, associate severance and facility reorganization. \n</p>\n<p>\n  Acuity's intelligent-spaces unit notched sales of $264.1 million, more than tripling from prior-year results. \n</p>\n<p>\n  Shares were up 7.8%, to $310, in premarket trading. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Connor Hart at connor.hart@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 26, 2025 06:48 ET (10:48 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Acuity Posts Jump in 3Q Sales, Higher-Than-Expected Earnings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAcuity Posts Jump in 3Q Sales, Higher-Than-Expected Earnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-06-26 18:48</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Connor Hart \n</p>\n<pre>\n \n</pre>\n<p>\n  Acuity's sales jumped in its fiscal third quarter, while earnings came in ahead of Wall Street's estimates. \n</p>\n<p>\n  The company, which provides lighting and building-management solutions, on Thursday posted net income of $98.4 million, or $3.12 a share, for its three months ended May 31, compared with net income of $113.9 million, or $3.62 a share, a year earlier. \n</p>\n<p>\n  Adjusted per-share earnings came in at $5.12, topping the $4.44 that analysts polled by FactSet expected. \n</p>\n<p>\n  Sales increased 22%, to $1.18 billion, just above the $1.15 billion that Wall Street modeled. \n</p>\n<p>\n  Sales from its lighting business ticked up 2.7% to $923.2 million from a year earlier. The company noted that it accelerated productivity actions in the business during the recent quarter, resulting in $29.7 million of special charges that included the elimination of brands, associate severance and facility reorganization. \n</p>\n<p>\n  Acuity's intelligent-spaces unit notched sales of $264.1 million, more than tripling from prior-year results. \n</p>\n<p>\n  Shares were up 7.8%, to $310, in premarket trading. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Connor Hart at connor.hart@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 26, 2025 06:48 ET (10:48 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AYI","symbol_name":"Acuity Brands Inc","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2546784397","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2546784397","pubTimestamp":1750934880,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Acuity's sales jumped in its fiscal third quarter, while earnings came in ahead of Wall Street's estimates.The company, which provides lighting and building-management solutions, on Thursday posted net income of $98.4 million, or $3.12 a share, for its three months ended May 31, compared with net income of $113.9 million, or $3.62 a share, a year earlier.Adjusted per-share earnings came in at $5.12, topping the $4.44 that analysts polled by FactSet expected.Sales increased 22%, to $1.18 billion, just above the $1.15 billion that Wall Street modeled.Sales from its lighting business ticked up 2.7% to $923.2 million from a year earlier. The company noted that it accelerated productivity actions in the business during the recent quarter, resulting in $29.7 million of special charges that included the elimination of brands, associate severance and facility reorganization.Acuity's intelligent-spaces unit notched sales of $264.1 million, more than tripling from prior-year results.Shares were ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"AYI":"Acuity Brands Inc"},"translate_title":"Acuity公布第三季度销售额猛增，盈利高于预期","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AYI":1},"content_text":"By Connor Hart \n\n\n \n\n\n  Acuity's sales jumped in its fiscal third quarter, while earnings came in ahead of Wall Street's estimates. \n\n\n  The company, which provides lighting and building-management solutions, on Thursday posted net income of $98.4 million, or $3.12 a share, for its three months ended May 31, compared with net income of $113.9 million, or $3.62 a share, a year earlier. \n\n\n  Adjusted per-share earnings came in at $5.12, topping the $4.44 that analysts polled by FactSet expected. \n\n\n  Sales increased 22%, to $1.18 billion, just above the $1.15 billion that Wall Street modeled. \n\n\n  Sales from its lighting business ticked up 2.7% to $923.2 million from a year earlier. The company noted that it accelerated productivity actions in the business during the recent quarter, resulting in $29.7 million of special charges that included the elimination of brands, associate severance and facility reorganization. \n\n\n  Acuity's intelligent-spaces unit notched sales of $264.1 million, more than tripling from prior-year results. \n\n\n  Shares were up 7.8%, to $310, in premarket trading. \n\n\n \n\n\n  Write to Connor Hart at connor.hart@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 26, 2025 06:48 ET (10:48 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}