---
schema_version: "secwatch.filing_event.v1"
accession: "0001144215-24-000007"
form_type: "8-K"
ticker: "AYI"
cik: "0001144215"
company_name: "ACUITY INC. (DE)"
filed_at: "2024-01-09T23:59:59+00:00"
generated_at: "2026-06-07T01:18:00.415470+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Acuity Brands Q1 adj. EPS $3.72 (+13% YoY) on revenue $934.7M (-6%); margins expand

## Summary
- Revenue fell 6.3% to $934.7M; operating profit rose 22% to $132.9M; adj. operating profit $153.9M (+10%).
- Adjusted diluted EPS $3.72, up 13% from $3.29; reported diluted EPS $3.21, up 40%.
- ABL segment sales $876.4M (-7.5%); ISG sales $64.2M (+13%) with lower op margin.
- Cash from operations $190M; repurchased ~0.3M shares for ~$50M in the quarter.
- Management cites strong execution driving margin expansion and EPS growth despite lower sales.

## SEC filing metadata
- accession: 0001144215-24-000007
- form_type: 8-K
- ticker: AYI
- cik: 0001144215
- company_name: ACUITY INC. (DE)
- filed_at: 2024-01-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1144215/000114421524000007/0001144215-24-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1144215/000114421524000007/ayi-20240109.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001144215-24-000007
- JSON: https://secwatch.observer/filing/0001144215-24-000007.json
- Plain text: https://secwatch.observer/filing/0001144215-24-000007.txt

## Key facts
- Earnings Releases
  ACUITY INC. (DE) reported fiscal first quarter ended November 30, 2023 results: revenue $935M, EPS Reported diluted EPS of $3.21, up 40% Over the Prior Year; Adjusted diluted EPS of $3.72, up 13% Over the Prior Year.
  - Period: fiscal first quarter ended November 30, 2023
  - Revenue: $935M
  - EPS: Reported diluted EPS of $3.21, up 40% Over the Prior Year; Adjusted diluted EPS of $3.72, up 13% Over the Prior Year
  - Result: reported results
  source text: ■ Delivered Net Sales of $935M, a 6% Decline Compared to the Prior Year ■ Grew Operating Profit to $133M, up 22% Over the Prior Year; Adjusted Operating Profit of $154M, up 10% Over the Prior Year ■ Reported Diluted EPS of $3.21, up 40% Over the Prior Year; Adjusted Diluted EPS of $3.72, up 13% Over the Prior Year
  evidence_url: https://www.sec.gov/Archives/edgar/data/1144215/000114421524000007/0001144215-24-000007-index.htm

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