Acuity Inc
AYI: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| <sG | LOCK|&N$b% | LOCK|s!>^!@x> |
Acuity Earnings: Lackluster Lighting Top-Line Growth Masks Productivity Benefits; Stock Cheap
Acuity Brands lighting sales declined by 3% year on year during the second quarter, prompting total sales to miss our expectations. In turn, management brought down full-year lighting sales expectations and the stock declined by 6% on the trading day April 2.
