---
schema_version: "secwatch.filing_event.v1"
accession: "0001144215-23-000082"
form_type: "8-K"
ticker: "AYI"
cik: "0001144215"
company_name: "ACUITY INC. (DE)"
filed_at: "2023-10-04T23:59:59+00:00"
generated_at: "2026-06-10T04:33:22.357322+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Acuity Brands reports FY2023 adj. diluted EPS up 10% to $14.05; Q4 sales down 9%

## Summary
- Q4 net sales $1.0B, down 9.0% YoY; reported diluted EPS $2.63, down 24.4%; adj. diluted EPS $3.97, up 1% YoY.
- Full-year net sales $3.95B, down 1.3%; reported diluted EPS $10.76, down 2.9%; adj. diluted EPS $14.05, up 9.5% YoY.
- ABL segment net sales down 10.5% in Q4; ISG segment net sales up 17.1% in Q4, driven by growth in intelligent spaces.
- Operating cash flow for FY2023 was $578.1M, up $261.8M from prior year; repurchased ~1.6M shares for $269M.
- Company recognized pre-tax charges of $35.5M in Q4 including $22.5M severance/impairment and $13M supplier warranty charge.

## SEC filing metadata
- accession: 0001144215-23-000082
- form_type: 8-K
- ticker: AYI
- cik: 0001144215
- company_name: ACUITY INC. (DE)
- filed_at: 2023-10-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1144215/000114421523000082/0001144215-23-000082-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1144215/000114421523000082/ayi-20231004.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001144215-23-000082
- JSON: https://secwatch.observer/filing/0001144215-23-000082.json
- Plain text: https://secwatch.observer/filing/0001144215-23-000082.txt

## Key facts
- Earnings Releases
  ACUITY INC. (DE) reported fiscal full year 2023 ended August 31, 2023 results: revenue Net sales of $3.95 billion for the full year of fiscal 2023, EPS Diluted earnings per share was $10.76 for the full year of fiscal 2023.
  - Period: fiscal full year 2023 ended August 31, 2023
  - Revenue: Net sales of $3.95 billion for the full year of fiscal 2023
  - EPS: Diluted earnings per share was $10.76 for the full year of fiscal 2023
  - Result: reported results
  source text: Net sales of $3.95 billion for the full year of fiscal 2023 decreased $53.9 million, or 1.3 percent, from $4.01 billion in the full year of fiscal 2022. Operating profit was $473.4 million for the full year of fiscal 2023, a decrease of $36.3 million compared to the prior year. Adjusted operating profit was $597.4 million for the full year of fiscal 2023, an increase of $9.3 million compared to the prior year. Diluted earnings per share was $10.76 for the full year of fiscal 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1144215/000114421523000082/0001144215-23-000082-index.htm
- Earnings Releases
  ACUITY INC. (DE) reported fiscal Q4 2023 ended August 31, 2023 results: revenue Net sales of $1.0 billion, EPS Diluted earnings per share was $2.63.
  - Period: fiscal Q4 2023 ended August 31, 2023
  - Revenue: Net sales of $1.0 billion
  - EPS: Diluted earnings per share was $2.63
  - Result: reported results
  source text: Acuity Brands, Inc. (NYSE: AYI) (the "Company"), a market-leading industrial technology company, announced net sales of $1.0 billion in the fourth quarter of fiscal 2023 ended August 31, 2023, a decrease of $99.9 million, or 9.0 percent, compared to the prior year. Diluted earnings per share was $2.63 in the fourth quarter of fiscal 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1144215/000114421523000082/0001144215-23-000082-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.