Acuity brands reports fiscal 2024 first-quarter results

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 generated $190m in cash flow from operations atlanta, jan. 09, 2024 (globe newswire) -- acuity brands, inc. (nyse: ayi) (the "company"), a market-leading industrial technology company, announced net sales of $934.7 million in the first quarter of fiscal 2024 ended november 30, 2023, a decrease of $63.2 million, or 6.3 percent, compared to the prior year. "we continued to demonstrate strong execution in our fiscal 2024 first quarter," stated neil ashe, chairman, president and chief executive officer of acuity brands, inc. "we increased our adjusted operating profit, adjusted operating profit margin and adjusted diluted earnings per share.
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