earnings
confidence high
sentiment positive
materiality 0.75
Acuity Brands Q4 sales up 11.4% to $992.7M; adj. EPS $3.27 beats prior year by 39%
ACUITY INC. (DE)
2021-FY EPS reported
$8.38
revenue$3,461,000,000
- Q4 net sales $992.7M (+11.4% YoY); diluted EPS $2.72 (+45.5%), adjusted diluted EPS $3.27 (+39.1%).
- Gross margin expanded 10 bps to 42.2%; operating margin up 150 bps to 13.4%; adjusted operating margin up 110 bps to 15.8%.
- ABL segment net sales +11.0%; ISG segment net sales +23.5% on strong demand for building controls and energy services.
- Repurchased 3.8M shares for $434.9M during fiscal 2021; reduced outstanding share count by over 10% since May 2020.