Acuity Brands Q3 FY2024: EPS up 10.4% to $3.62; sales down 3.2%

ACUITY INC. (DE)

2024-Q3 EPS reported $9.67 revenue$2,808,700,000

Net sales $968.1M, -3.2% YoY; operating profit $145.3M (+1.4%); adjusted operating profit $167.1M (+2.6%).
Reported diluted EPS $3.62 (+10.4%); adjusted diluted EPS $4.15 (+10.7%) vs $3.75 prior.
ABL segment sales -4.5% to $898.5M; ISG segment sales +15.0% to $75.7M, operating margin +340 bps.
Year-to-date operating cash flow $445.1M, down $26.4M; repurchased ~454K shares for ~$89M.

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