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Acuity Brands, Inc. reported fiscal 2026 second-quarter results for the period ended February 28, 2026, with $1.1 billion in net sales (+5% YoY), $133 million operating profit (+21% YoY), and $3.09 diluted EPS (+26% YoY), driven by strong execution and segment-level performance divergences.
Acuity Brands delivered strong fiscal 2026 second-quarter results, with revenue growth, margin expansion, and earnings acceleration reflecting disciplined execution amid divergent segment dynamics. Total net sales rose 5% year-over-year to $1.1 billion, driven entirely by Acuity Intelligent Spaces (AIS), which grew 41% to $248.1 million — including an incremental month of QSC performance — while Acuity Brands Lighting (ABL) declined 2.8% to $817.4 million. Operating profit surged 21% to $133 million, with operating margin expanding 160 basis points to 12.6%, supported by productivity actions in ABL that generated $6 million in special charges. Adjusted operating profit rose more modestly at 8% to $176 million, with adjusted operating margin up 50 bps to 16.7%, signaling underlying operational improvement. Diluted EPS jumped 26% to $3.09, while adjusted diluted EPS rose 11% to $4.14 — the gap underscoring the impact of non-recurring items. Management attributed results to 'strong execution,' citing growth in lighting controls, building management solutions, and AV/VC platforms, alongside effective capital allocation: the dividend was raised 18% to $0.20 per share, and $106 million was spent repurchasing shares year-to-date. The balance sheet remained robust, with $272.5 million in cash and total debt reduced to $697.1 million as of February 28, 2026. No forward guidance was disclosed in the press release or 8-K filing.
Event Type
Disclosure
Mandatory
Variant
8-K
. Results of Operations and Financial Condition. On April 2, 2026, Acuity Inc. (“we,” “our,” “us,” “the Company,” or similar references) issued a press release
. Financial Statements and Exhibits. (d) Exhibits 99.1: 104 | Press Release dated April 2, 2026.: Cover Page Interactive Data File (embedded within the inline X
| Metric | Value | Basis |
|---|---|---|
| Net Sales | $1.1K | GAAP |
| Operating Profit | $133.00 | GAAP |
| Operating Profit Margin | 12.6% | GAAP |
| Diluted EPS | $3.09 | GAAP |
| Adjusted Operating Profit | $176.00 | Non-GAAP |
| Adjusted Operating Profit Margin | 16.7% | Non-GAAP |
| Adjusted Diluted EPS | $4.14 | Non-GAAP |
| ABL Net Sales | $817.40 | GAAP |
| AIS Net Sales | $248.10 | GAAP |
| ABL Operating Profit | $125.10 | GAAP |
| AIS Operating Profit | $28.30 | GAAP |
Dividend/Share
0.2
Buyback Auth.
Year-to-date repurchase of ~318,000 shares for $106 million through February 28, 2026