Acuity Inc. reports news around its industrial technology business, which designs, manufactures, and markets lighting, lighting controls, building management solutions, and an audio, video and control platform. The company operates through Acuity Brands Lighting and Acuity Intelligent Spaces, serving building, commercial, architectural, specialty lighting, controls, and intelligent-spaces applications.
Recurring company updates cover quarterly and annual results, sales growth, operating profit, margins, diluted EPS, adjusted non-GAAP measures, EBITDA, free cash flow, and segment performance. Acuity news also includes dividend actions, completed acquisitions, share repurchases, debt repayment, and other capital-allocation developments tied to its lighting and intelligent-building technology portfolio.
Parameter Technologies entered into a definitive agreement to be acquired by Acuity (NYSE: AYI) for a purchase price of $675 million. Upon closing, Parameter will join Distech Controls within the Acuity Intelligent Spaces business segment.
The transaction is expected to close in late 2026, subject to closing conditions, including expiration of the Hart-Scott-Rodino antitrust waiting period. Parameter expects access to Acuity’s scale and Distech’s controls technology to help bring its sensing, detection and monitoring technology to more applications.
Acuity (NYSE: AYI) has reached a definitive agreement to acquire Parameter Technologies for a purchase price of $675 million. Parameter provides leak detection, environmental monitoring and battery monitoring for data centers and other critical infrastructure. Upon closing, it will join Distech Controls within Acuity Intelligent Spaces.
Acuity expects the acquisition to increase fiscal 2027 full-year adjusted diluted earnings per share and benefit Acuity Intelligent Spaces revenue growth and margins. Parameter expects calendar 2027 sales of approximately $100 million, growth of more than 30 percent year-over-year, and EBITDA margins of approximately 40 percent. Acuity anticipates funding the purchase with $500 million in borrowings and the remainder with balance-sheet cash. Closing is expected in the second quarter of fiscal 2027, subject to conditions including expiration of the Hart-Scott-Rodino antitrust waiting period.
Acuity (AYI) reported fiscal fourth-quarter net sales of $1.2 billion, with higher earnings and operating profit than a year earlier. For the quarter ended August 31, 2026, sales rose 2.9%, operating profit reached $227.0 million, and diluted earnings per share rose 56.0% to $5.63. Adjusted earnings per share, which exclude specified items, increased 11.0% to $5.77.
Fiscal 2026 sales rose 6.8% to $4.6 billion, while diluted earnings per share increased 36.1% to $17.05. Acuity Intelligent Spaces sales grew 44.8%; Acuity Brands Lighting sales fell 1.0%. Operating cash flow totaled $825.6 million. Acuity repaid $200 million of its term loan, increased its dividend 18%, and repurchased over 940,000 shares for $287.2 million. Fourth-quarter results included $44.9 million in tariff refunds and $17.8 million in special charges. Results remain preliminary pending completion of the audit.
Acuity (AYI) elected Nick Tzitzon to its board as an independent director, effective September 24, 2026.
The board increased its size from nine to ten directors. Tzitzon will serve on the Audit and Governance Committees, and his initial term will expire at Acuity’s next annual meeting of stockholders. He is vice chairman of ServiceNow and leads its AI Institute.
Acuity (NYSE: AYI) declared a quarterly dividend of 20 cents per share on September 24, 2026. The company set October 16, 2026, as the date for determining shareholders of record entitled to the payment. The dividend is payable on November 2, 2026.
Acuity (NYSE: AYI) plans to release its fiscal 2026 fourth-quarter and full-year results on Thursday, October 1, 2026, at 6:00 a.m. ET, followed by a conference call at 8:00 a.m. ET led by CEO Neil Ashe. According to the company, the webcast, earnings release, and supplemental presentation, as well as live and replay access, will be available through the Investor Relations section of its website.
Acuity Inc. (NYSE: AYI) has appointed Ruth Gratzke as President of Acuity Brands Lighting (ABL), effective September 1, 2026, reporting to CEO Neil Ashe. Gratzke joins from Siemens, where she led Siemens Smart Infrastructure in the U.S. and Siemens Industry, overseeing smart buildings, grid-edge technology and energy infrastructure businesses.
According to Acuity, she brings over 25 years of leadership experience in industrial technology, smart infrastructure and electrical products, with prior senior roles at General Electric and Hubbell. She holds a Master of Science in Electrical Engineering from the University of Erlangen-Nuremberg and has served on the Siemens Foundation board. The company said current ABL leader Sach Sankpal will remain for a transition period to support continuity for associates, customers and channel partners.
Acuity (NYSE: AYI) reported fiscal 2026 Q3 net sales of $1.2 billion, up about 2% year over year. Operating profit rose to $193.3 million, up 38%, and diluted EPS increased to $4.56, up 46%.
Adjusted operating profit was $223.5 million (18.7% margin), with adjusted diluted EPS of $5.31, up 4%. AIS segment sales grew 15% with a 106% operating profit increase, while ABL sales declined 2%. Year-to-date operating cash flow reached $520.2 million, and Acuity repurchased 766,000 shares for $230 million.
Acuity (NYSE: AYI) announced a quarterly cash dividend of $0.20 per share.
The dividend will be paid on August 3, 2026, to shareholders of record as of July 17, 2026, offering investors scheduled income on AYI shares.
Acuity (NYSE: AYI) will release its fiscal 2026 third-quarter results on Thursday, June 25, 2026 at 6:00 a.m. ET, followed by a conference call at 8:00 a.m. ET.
CEO Neil Ashe will lead the call, with live webcast, materials, and replay available through the company's Investor Relations website.