Acuity Inc

AYI: XNYS (USA)
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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.

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