Acuity Brands, Inc. (AYI) said it expanded adjusted operating profit, substantially grew adjusted earnings per share and generated strong cash flow from operations in its first quarter of fiscal 2023. Net sales increased 7.8 percent from a year ago.
"We delivered solid results in the first quarter of fiscal 2023 as we continued to demonstrate our ability to drive sales growth through product vitality and service in both our lighting and spaces businesses." said Neil Ashe, CEO of Acuity Brands, Inc.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.