Acuity Q2 net sales rise 4.9% to $1.1 billion; diluted EPS up 26% to $3.09
Acuity reported fiscal second-quarter 2026 results for the period ended February 28, 2026, with net sales of $1,055.7 million, up 4.9% from a year earlier, and GAAP diluted EPS of $3.09, up 26.1%. Adjusted diluted EPS was $4.14, up 11.0%, and the company raised its quarterly dividend 18% to $0.20 per share.
- Net sales were $1,055.7 million, up $49.4 million or 4.9% year over year; Acuity Intelligent Spaces sales rose 44.7% to $248.1 million, while Acuity Brands Lighting sales fell 2.8% to $817.4 million.
- GAAP operating profit was $133.0 million, up 20.7%, and included $5.9 million of special charges tied to ABL productivity actions, mainly labor cost reductions.
- GAAP diluted EPS was $3.09 versus $2.45 a year earlier; adjusted diluted EPS was $4.14 versus $3.73.
- Quarterly dividend increased 18% to $0.20 per share; year-to-date share repurchases totaled about $106 million.