NYSE$AYI
Acuity Inc. · Q2 2023 earnings
Q2 2023 earnings · · Investor relations
Briefing
Acuity Brands' performance in Q2 2023 reflected solid sales and margin expansion across both business segments, increased EPS, and strong cash flow generation.
Acuity Brands reported a 3.8% increase in net sales to $943.6 million in the second quarter of fiscal 2023. The company experienced growth in both its lighting and spaces businesses, expanded adjusted operating profit, and grew adjusted diluted earnings per share. They also generated strong cash flow from operations and continued to repurchase shares.
- Net sales increased 4% over the prior year.
- Diluted EPS increased 21% over the prior year; adjusted diluted EPS increased 19% over the prior year.
- Operating profit was $111.5 million, an increase of 9.0% compared to the prior year.
- The company generated strong cash flow from operations and repurchased shares.
Headline financials
Revenue & EPS history
Acuity Brands · Revenue · Quarterly
$944M
Revenue by segment
Acuity Brands · $1.21B total across 2 segments · Q3 2026
- Acuity Brands Lighting$905M—74.9%
- Acuity Intelligent Spaces$304M—25.1%
Forward guidance
No specific forward guidance was provided in the press release.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 18 quarterly earnings reports · overlaid with Q2 2023
-0.1%
Avg return
Earnings day
-1.4%
Avg return
5 days after
+0.5%
Avg return
30 days after
51%
34 / 67 earnings
Positive
+20.6%
Q1 2014
Best reaction
-16.5%
Q2 2017
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2026 | — | — | — | |
| Q2 2026 | -7.6% | +4.2% | — | |
| Q1 2026 | -12.9% | -11.9% | -11.2% | |
| Q4 2025 | +5.2% | +2.0% | +6.0% | |
| Q3 2025 | -2.0% | -0.8% | +8.4% | |
| Q2 2025 | -3.4% | -16.2% | -5.1% | |
| Q1 2025 | +0.5% | +0.8% | +6.5% | |
| Q4 2024 | +9.0% | +11.4% | +9.2% | |
| Q3 2024 | +0.7% | +1.7% | +3.6% | |
| Q2 2024 | +1.0% | +2.3% | -2.8% | |
| Q1 2024 | +12.4% | +9.8% | +18.2% | |
| Q4 2023 | +6.9% | +8.0% | +1.9% | |
| Q3 2023 | +1.5% | +1.6% | +3.4% | |
| Q2 2023 | -11.8% | -13.5% | -15.5% | |
| Q1 2023 | +3.6% | +2.4% | +12.9% | |
| Q4 2022 | +6.1% | -1.5% | +11.3% | |
| Q3 2022 | +1.3% | +0.1% | +17.1% | |
| Q2 2022 | -9.2% | -8.8% | -6.8% | |
| Q1 2022 | -2.9% | -1.3% | -11.0% | |
| Q4 2021 | +13.0% | +16.7% | +22.3% | |
| Q3 2021 | -4.4% | -9.1% | -6.2% | |
| Q2 2021 | +16.0% | +17.8% | +27.4% | |
| Q1 2021 | -9.6% | -7.4% | -5.6% | |
| Q4 2020 | -12.0% | -14.4% | -15.8% | |
| Q3 2020 | +3.1% | +0.2% | +13.1% | |
| Q2 2020 | -7.0% | +7.2% | +2.0% | |
| Q1 2020 | -15.3% | -17.1% | -17.8% | |
| Q4 2019 | -7.2% | -7.7% | -2.7% | |
| Q3 2019 | -4.1% | -7.3% | -7.1% | |
| Q2 2019 | +10.5% | +12.8% | +17.1% | |
| Q1 2019 | +1.3% | +0.8% | +4.2% | |
| Q4 2018 | -12.9% | -17.0% | -15.7% | |
| Q3 2018 | +7.7% | +9.7% | +15.9% | |
| Q2 2018 | -1.2% | -3.9% | -16.8% | |
| Q1 2018 | -14.4% | -14.5% | -21.7% | |
| Q4 2017 | +3.6% | +0.9% | -4.5% | |
| Q3 2017 | +13.1% | +13.0% | +13.6% | |
| Q2 2017 | -16.5% | -15.2% | -11.9% | |
| Q1 2017 | -12.0% | -9.3% | -11.9% | |
| Q4 2016 | -4.3% | -4.4% | -11.2% | |
| Q3 2016 | +1.3% | +2.3% | +7.3% | |
| Q2 2016 | +10.4% | — | — | |
| Q1 2016 | -7.8% | — | — | |
| Q4 2015 | +11.1% | — | — | |
| Q3 2015 | +5.0% | — | — | |
| Q2 2015 | -0.9% | — | — | |
| Q1 2015 | +7.8% | — | — | |
| Q4 2014 | +13.0% | — | — | |
| Q3 2014 | -13.6% | — | — | |
| Q2 2014 | +0.1% | — | — | |
| Q1 2014 | +20.6% | — | — | |
| Q4 2013 | +2.2% | — | — | |
| Q3 2013 | +7.8% | — | — | |
| Q2 2013 | +6.6% | — | — | |
| Q1 2013 | -4.6% | — | — | |
| Q4 2012 | -5.1% | — | — | |
| Q3 2012 | +17.1% | — | — | |
| Q2 2012 | -11.3% | — | — | |
| Q1 2012 | +15.1% | — | — | |
| Q4 2009 | -6.2% | — | — | |
| Q4 2011 | -6.2% | — | — | |
| Q3 2010 | -0.2% | — | — | |
| Q3 2011 | -0.2% | — | — | |
| Q2 2010 | +4.7% | — | — | |
| Q2 2011 | +4.7% | — | — | |
| Q1 2011 | -7.6% | — | — | |
| Q1 2010 | -7.6% | — | — | |
| Q4 2010 | -7.6% | — | — |
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