Acuity Inc

AYI: XNYS (USA)
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Acuity Earnings: Near-Term Margin Headwinds Don't Change Our View; Selloff Overdone

Acuity reported fiscal first-quarter net sales of $1.1 billion and adjusted operating margin of 17.2%, up from 16.7% in the prior-year period. Nonetheless, the shares fell 13% in Jan. 8 trading.

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