Acuity Inc

AYI: XNYS (USA)
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Acuity Earnings: Cyclical Headwinds Present a Long-Term Opportunity in 4-Star Acuity

Acuity's sales grew 3% year on year to $1.2 billion in its fiscal fourth quarter, while adjusted operating profit rose 10 basis points to 18.7%. While sales were in line with expectations and the margin surprised a smidge to the upside, the stock declined by 3% on the trading day.

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