Acuity brands reports fiscal 2024 second-quarter results

Delivered net sales of $906m , a 4% decline compared to the prior year grew operating profit to $118m , up 6% over the prior year; adjusted operating profit of $140m , up 6% over the prior year reported diluted eps of $2.84 , up 11% over the prior year; adjusted diluted eps of $3.38 , up 11% over the prior year generated $293m in year-to-date cash flow from operations atlanta, april 03, 2024 (globe newswire) -- acuity brands, inc. (nyse: ayi) (the “company”), a market-leading industrial technology company, announced net sales of $905.9 million in the second quarter of fiscal 2024 ended february 29, 2024, a decrease of $37.7 million, or 4.0 percent, compared to the prior year. “our fiscal 2024 second quarter was another quarter of solid execution,” 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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