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Acuity Brands Reports Mixed Q1: Sales Rise, Stock Falls

1/9/2026

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Summary

Story summary

Acuity Brands, Inc. reported Q1 2026 lighting segment sales up 1% to $895.1 million, with a significant contribution from the newly acquired QSC.
Acuity Brands, Inc. achieved a record share price of $380.17.
The stock fell 15% after the company maintained its full-year outlook.
Neil Ashe, CEO of Acuity Brands, Inc., highlighted leadership in lighting and that Intelligent Spaces accounts for 22% of total sales.

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Story summary

Acuity Brands, Inc. reported Q1 2026 lighting segment sales up 1% to $895.1 million, with a significant contribution from the newly acquired QSC.
Acuity Brands, Inc. achieved a record share price of $380.17.
The stock fell 15% after the company maintained its full-year outlook.
Neil Ashe, CEO of Acuity Brands, Inc., highlighted leadership in lighting and that Intelligent Spaces accounts for 22% of total sales.