2016-04-07

Acuity Brands Reports Net Revenue up 26% in 2Q16

Acuity Brands announced record second quarter results for net sales, net income, and diluted earnings per share (“EPS”). Fiscal 2016 second quarter net sales of US $777.8 million increased $161.7 million, or 26%, compared with the year-ago period. Operating profit for the second quarter of fiscal 2016 was $106.7 million, an increase of $28.1 million, or 36%, over the year-ago period. Net income for the second quarter of fiscal 2016 was $65.5 million, an increase of 41% compared with the prior-year period. Fiscal 2016 second quarter diluted EPS of $1.49 increased 39% compared with $1.07 for the year-ago period.
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