Acuity Brands

AYI

Market cap $8.64B

TORONTO, April 07, 2026 (GLOBE NEWSWIRE) -- Acuity Insights, the leading provider of admissions assessment, program management, and analytics solutions for higher education, has been named one of Canada's Top Small & Medium Employers for 2026, marking the second consecutive year the company has earned this prestigious recognition. The award celebrates organizations across Canada that set the standard for workplace culture, employee wellness, and innovative human resources practices.

Acuity Inc.'s NYSE: AYI stock price is under pressure due to tepid revenue and its impact on analysts' sentiment. The critical takeaway for investors is that this high-quality, cash-producing, capital-return machine trades at a low valuation relative to its growth outlook and ability to drive shareholder value.

Acuity Inc. is upgraded from Hold to a very soft Buy after a 17% share price decline, making valuation more attractive. Despite Q2 revenue and earnings missing expectations, AYI delivered year-over-year growth in both, with notable strength in the Acuity Intelligent Spaces segment. Intelligent Spaces revenue surged 44.7% year-over-year, driven by the QSC acquisition and strong Distech product sales, offsetting weakness in the core lighting segment.

U.S. stocks traded lower midway through trading, with the Dow Jones index falling more than 100 points on Thursday.

Acuity Inc. (AYI) Q2 2026 Earnings Call Transcript

Acuity Inc. AYI reported mixed results for the second quarter of fiscal 2026 (ended Feb. 28, 2026), with adjusted earnings topping the Zacks Consensus Estimate but net sales missing the same. However, both metrics increased year over year.

The headline numbers for Acuity (AYI) give insight into how the company performed in the quarter ended February 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Acuity (AYI) came out with quarterly earnings of $4.14 per share, beating the Zacks Consensus Estimate of $4.01 per share. This compares to earnings of $3.73 per share a year ago.

Strong Execution Delivers Sales Growth, Margin Expansion and EPS Improvement Delivered Net Sales of $1.1B , an Increase of 5% Compared to the Prior Year Delivered Operating Profit of $133M , Up 21% Compared to the Prior Year; Grew Adjusted Operating Profit to $176M , Up 8% Compared to the Prior Year Delivered Diluted EPS of $3.09 , Up 26% Compared to the Prior Year; Grew Adjusted Diluted EPS to $4.14 , Up 11% Compared to the Prior Year ATLANTA, April 02, 2026 (GLOBE NEWSWIRE) -- Acuity Inc. (NYSE: AYI), ("Acuity"), a market-leading industrial technology company, delivered net sales of $1.1 billion in the second quarter, ended February 28, 2026, an increase of $49.4 million, or 4.9 percent, compared to the prior year. "We demonstrated strong execution in our second quarter of fiscal 2026," stated Neil Ashe, Chairman, President and Chief Executive Officer of Acuity Inc. "We grew net sales, we expanded our adjusted operating profit and adjusted operating profit margin, and we increased our adjusted diluted earnings per share.

AYI gears up for Q2 results with steady growth expected, driven by AIS expansion and margin strength despite softer lighting demand.