Acuity Brands Sales Up 17.8% in Fiscal 2016 - Modern Distribution Management

Acuity Brands Sales Up 17.8% in Fiscal 2016

Fourth-quarter sales jumped 21.9 percent.

Acuity Brands Inc. (NYSE: AYI), Atlanta, GA, reported sales for the fiscal year ended Aug. 31 of $3.3 billion, an increase of 17.8 percent compared to the same period a year ago. Profit increased 30.9 percent to $290.8 million.

For the fourth quarter, sales were $925.5 million, an increase of 21.9 percent compared to the same period a year ago. Profit for the quarter increased 37.9 percent to $82.9 million.

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