Acuity Brands (AYI) Misses Q3 EPS by 12c

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Acuity Brands Reports Fiscal 2014 Third Quarter Results

July 1, 2014 8:56 AM EDT

ATLANTA, July 1, 2014 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE: AYI) ("Company") today announced fiscal 2014 third quarter net sales of $603.9 million, an increase of $62.4 million, or 11.5 percent, compared with the year-ago period. Net income for the third quarter of fiscal 2014 was $43.8 million, an increase of $12.1 million, or 38 percent, compared with the prior-year period. Fiscal 2014 third quarter diluted EPS of $1.01 increased 38 percent compared with $0.73 for the year-ago period.

Fiscal 2014 third quarter adjusted net income of $43.3... More