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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