Acuity Inc
AYI: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| >rW | LOCK|b>!^ | LOCK|%MZv%Gk? |
Acuity: Self-Help Initiatives Defend Lighting Margins, While Intelligent Spaces Investments Shine
Acuity grew its overall top line by 2% year on year to $1.2 billion during the third quarter, even as adjusted operating margin declined 10 basis points compared with the prior year. The decline was driven by a 60-basis-point margin headwind in lighting, mostly on volume deleverage from lower sales.
