Oct 1, 7:20 AM ET
Acuity Inc. reported fourth-quarter and full-year fiscal 2026 results for the period ended August 31, 2026. Quarterly net sales rose 2.9% to $1.2 billion, and full-year net sales rose 6.8% to $4.6 billion. GAAP diluted EPS rose to $5.63 in the quarter, which includes $44.9 million in tariff refunds, while adjusted diluted EPS rose 11% to $5.77. The results are preliminary until the independent auditor completes its review in the company's Form 10-K.
- Fiscal Q4 2026 net sales were $1.2 billion, up 2.9% from the prior year; GAAP diluted EPS was $5.63, up 56.0%, and adjusted diluted EPS was $5.77, up 11.0%.
- Q4 results include $44.9 million in tariff refunds, excluded from adjusted measures, and $17.8 million in special charges.
- Full-year fiscal 2026 net sales were $4.6 billion, up 6.8%; GAAP diluted EPS was $17.05, up 36.1%, and adjusted diluted EPS was $19.90, up 10.5%.
- Operating cash flow for fiscal 2026 was $825.6 million; the company repurchased $287.2 million of common stock during the year.
Read the filing on SEC.gov ↗
Sep 29, 4:01 PM ET
Acuity Inc. increased its Board from nine to ten members and elected Nick Tzitzon as an independent director, effective September 24, 2026. Tzitzon was also appointed to the Audit and Governance Committees, which adds a new director with software and AI leadership experience to oversight roles.
- Board size increased from nine to ten members; Tzitzon elected effective September 24, 2026
- Tzitzon is Vice Chairman of ServiceNow, Inc. since January 2020 and leads its AI Institute
- Previously Executive Vice President of SAP SE from October 2012 to January 2020
- Joins Audit and Governance Committees; initial term expires at next annual meeting
Read the filing on SEC.gov ↗
Jun 25, 7:29 AM ET
Acuity reported fiscal third-quarter results for the quarter ended May 31, 2026, with net sales of $1.2 billion, up 1.6% from a year earlier. GAAP diluted EPS rose 46.2% to $4.56, and adjusted diluted EPS rose 3.7% to $5.31, while adjusted operating profit grew only 0.8%. The release does not include updated guidance.
- Net sales were $1,198.0 million, up $19.4 million or 1.6% from $1,178.6 million in the prior-year quarter.
- Diluted EPS was $4.56 versus $3.12 a year earlier; adjusted diluted EPS was $5.31 versus $5.12.
- Adjusted operating profit was $223.5 million, up 0.8%, with an adjusted operating margin of 18.7%, down 10 basis points.
- Net cash from operating activities was $520.2 million for the first nine months of fiscal 2026; the company repurchased about 766,000 shares for $230 million year to date.
Read the filing on SEC.gov ↗
May 13, 5:13 PM ET
Acuity Inc. entered into a new credit agreement on May 8, 2026, providing an unsecured revolving credit facility with an initial maximum availability of $800 million that matures in May 2031. The new agreement replaces the company's existing credit agreement dated June 30, 2022, and includes a maximum leverage ratio covenant of 3.75 to 1.00, which can temporarily rise to 4.25 to 1.00 in connection with certain material acquisitions.
- Unsecured revolving credit facility with initial maximum availability of $800 million, maturing May 2031
- Agreement dated May 8, 2026, with JPMorgan Chase Bank, N.A. as administrative agent
- Maximum leverage ratio covenant of 3.75 to 1.00, temporarily increasable to 4.25 to 1.00 for certain material acquisitions
- Replaces the existing credit agreement dated June 30, 2022
Read the filing on SEC.gov ↗
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