Financial Data and Key Metrics Changes - The company reported net sales of $1.2 billion for Q3 2025, an increase of $211 million or 22% year-over-year [21] - Adjusted operating profit rose to $222 million, up $55 million or 33% from the previous year, with an adjusted operating profit margin of 18.8%, an increase of 150 basis points [22] - Adjusted diluted earnings per share increased to $5.12, up $0.97 or 23% compared to the prior year [22] Business Line Data and Key Metrics Changes - ABL (Acuity Brands Lighting) generated sales of $923 million, a $25 million or 3% increase year-over-year, driven by growth in independent sales and direct sales networks [22] - Acuity Intelligent Spaces (AIS) reported sales of $264 million, an increase of $188 million, with Atrius and Distech combined growing 21% during the quarter [25] - QSC, part of AIS, grew over 20% year-over-year on a pro forma basis [25] Market Data and Key Metrics Changes - The company experienced accelerated orders in Q3 due to strategic pricing actions in response to evolving tariff policies, which contributed to building backlog [6][21] - The independent sales network and direct sales showed strong growth, while corporate accounts faced declines due to timing of renovations at a large retailer [22][24] Company Strategy and Development Direction - The company is focused on product vitality, elevating service levels, and using technology to improve operations and drive productivity [19] - Acuity is prioritizing investments in verticals where it has historically been underpenetrated, such as healthcare and sports lighting [9][100] - The strategy includes consolidating data management through Distech and Atrius, and enhancing user experiences with QSC [12][19] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to manage outcomes amid uncertainties from tariff policies and geopolitical instability [18][19] - The expectation is that the combination of Q3 and Q4 performance will yield the results anticipated for the second half of fiscal 2025 [18][59] - Management plans to approach future planning conservatively while remaining prepared to capitalize on market opportunities [39][90] Other Important Information - The company generated approximately $400 million in cash flow from operations year-to-date and allocated capital effectively, including a 13% increase in dividends and share repurchases [27][28] - A special charge of $30 million was taken in Q3 related to productivity efforts, which will yield benefits in future quarters [24][87] Q&A Session Summary Question: QSC margin performance - Management noted that QSC's margin improved significantly due to strong top-line growth and the adoption of productivity tools [33][35] Question: Impact of accelerated orders and pricing actions - Management confirmed that there was evidence of order acceleration in Q3, with expectations for normalized performance in Q4 [37][39] Question: Expectations for gross margin in Q4 - Management indicated that gross margin would likely be impacted by tariff costs in Q4, but they are confident in their ability to cover these costs [53][55] Question: Progress on shifting to Design Select - Management stated that progress on Design Select is strong, but it is a long-term project [71] Question: Demand environment and customer behavior - Management observed that customers are behaving rationally in response to pricing actions and tariff uncertainties, seeking stability in the marketplace [90]

Financial Performance - LSI Industries Inc's Q4 FY15 net sales increased by 3% to $76073 thousand from $73858 thousand in Q4 FY14 [5] - The company's Q4 FY15 operating income as reported was $2193 thousand, compared to a loss of $946 thousand in Q4 FY14 [5] - LSI Industries Inc's full year FY15 net sales increased by 3% to $307857 thousand from $299463 thousand in FY14 [8] - The company's full year FY15 operating income as reported increased by 225% to $7533 thousand from $2318 thousand in FY14 [8] - Full year FY15 net income as reported increased by 454% to $5151 thousand from $930 thousand in FY14 [8] Segment Performance - Lighting segment net sales for Q4 FY15 were $55538 thousand, compared to $55011 thousand in Q4 FY14 [10] - Graphics segment net sales for Q4 FY15 were $15239 thousand, compared to $10603 thousand in Q4 FY14 [10] - Technology segment net sales for Q4 FY15 were $5296 thousand, compared to $8031 thousand in Q4 FY14 [10] - Lighting segment operating income for Q4 FY15 was $3545 thousand, compared to $1846 thousand in Q4 FY14 [13] - Graphics segment operating income for Q4 FY15 was $358 thousand, compared to a loss of $936 thousand in Q4 FY14 [13] Balance Sheet and Dividends - Cash dividend of $003 per share is payable on September 8th [17]

Financial Performance - The company's sales performance has stabilized, showing evidence of progress[6] - Free cash flow provides flexibility for debt reduction and business reinvestment[12] - Working capital saw a 15% reduction from its peak in the second quarter of fiscal year 2019[14] - The company's free cash flow growth supports a reduction in the net debt ratio to 2.7x[16] - Adjusted diluted earnings per share for Q4 2019 was $(0.08) compared to $0.00 in Q4 2018[19] - Adjusted EBITDA for Q4 2019 was $3.262 million, compared to $3.627 million in Q4 2018[21] Segment Performance - Lighting segment customer orders increased by a high single-digit percentage year-over-year in F4Q19[8] - The Graphics segment experienced strong sales and order levels, particularly in the petroleum vertical[10] - Lighting segment adjusted EBITDA margin was 7.9% in Q4 2019, compared to 6.1% in Q4 2018[22] - Graphics segment adjusted EBITDA margin was 4.8% in Q4 2019, compared to 8.5% in Q4 2018[22]

Group 1 - The 30th Guangzhou International Lighting Exhibition (GILE) took place from June 9 to 12, 2025, featuring over 3,000 exhibitors and focusing on the theme "AI + 3D Printing: Pioneering a New Era of Lighting" [1] - YD Illumination showcased a 200+ square-meter double-decker exhibition hall, highlighting its latest innovations in lighting and AI-powered 3D printing [1][5] - The exhibition included immersive simulations demonstrating the durability of YD Illumination's IP68 lighting products in various harsh environments [3] Group 2 - A notable exhibit was the IP68 Flexible Strip Light Series, which won the Aladdin Golden Lamp Award for National Excellence, alongside the Mini Master-sub controller [3] - An interactive "Mermaid" installation was created using AI-generated 3D modeling and precision 3D printing, allowing real-time human-light interactions [4] - The exhibition featured an AI + 3D Printing Experience Zone where visitors could generate 3D models from text descriptions or images, followed by live demonstrations of the printing process [4] Group 3 - YD Illumination is committed to technological innovation and aims to deliver groundbreaking solutions while exploring the possibilities of light [5]

Group 1 - The company ST MingJiaHui (300506) announced that its wholly-owned subsidiary, LiuAn MingJiaHui Optoelectronic Technology Co., Ltd., signed a procurement contract for LED lighting with Anhui JinShengDa Bio-Electronic Technology Co., Ltd. [1] - The contract is for plant supplementary lighting with a total value of 150 million RMB, which is approximately 21.5 million USD [1]. - The contract is expected to be completed by November 30, 2025, and the contract amount represents 128.21% of the company's audited main business revenue for the year 2024 [1]. Group 2 - The successful implementation of this contract is anticipated to have a positive impact on the company's operating performance, enhancing its sustainable profitability and core competitiveness [1].

Core Viewpoint - Signify has appointed As Tempelman as the new Chief Executive Officer (CEO), effective September 1, pending his appointment to the Board of Management, with Željko Kosanović serving as interim CEO until then [2][3]. Group 1: Leadership Appointment - As Tempelman is recognized for his strategic vision and proven track record in driving sustainable growth and fostering an inclusive high-performance culture, making him the ideal candidate to lead Signify [3]. - Tempelman currently serves as CEO of Eneco, where he has significantly increased profitability and reduced greenhouse gas emissions [3]. Group 2: Company Background - Signify is the world leader in lighting, with a history spanning over 130 years, and aims to leverage its innovation and purpose to improve lives globally [3]. - In 2024, Signify reported sales of EUR 6.1 billion and has approximately 29,000 employees across more than 70 countries [5]. Group 3: Upcoming Events - An Extraordinary General Meeting (EGM) is scheduled for July, where shareholders will vote on Tempelman's appointment to the Board of Management [4][10].

Group 1: ESG Reports - Jiuziyuan (603369.SH) reported a total greenhouse gas emissions of 30,423.21 tons of CO2 equivalent for 2024, with plans to optimize energy structure and enhance green production processes by 2025 [4] - ShuiJingFang (600779.SH) disclosed 194,405.83 tons of CO2 equivalent emissions for 2024, aiming to reduce emissions by at least 60,000 tons from 2024 to 2030 [5] - Opple Lighting (603515.SH) reported 11,487.74 tons of CO2 equivalent emissions for 2024 and is exploring the construction of a zero-carbon park in Wujiang [6] - TCL Technology released its 2024 ESG report, highlighting the establishment of a comprehensive ESG governance structure and the launch of a digital carbon management platform [8] Group 2: Regulatory Developments - The China Securities Regulatory Commission (CSRC) issued new regulations on the management of information disclosure exemptions for listed companies, effective from July 1, 2025 [10] - The Shenzhen Stock Exchange revised the ChiNext Index compilation plan to include an ESG negative exclusion mechanism, effective June 16 [11] - The European Securities and Markets Authority (ESMA) published a draft regulatory technical standard for ESG rating agencies, aiming to enhance the reliability and transparency of ESG ratings [12] Group 3: Corporate Actions and Penalties - ST Jinguang (600190.SH) faces delisting risk due to financial misstatements over four consecutive years, with a negative net asset value reported for 2024 [15] - Xianju Pharmaceutical (002332.SZ) was fined 195 million yuan for price-fixing agreements that restricted competition in the market for a specific raw material [16] - Ningbo Fangzheng (300998.SZ) was penalized 800,000 yuan for failing to disclose non-operating fund occupation, which constituted a significant portion of its net assets [17] - ST Jinglan (000711.SZ) plans to sign a strategic cooperation agreement and donate 10 million yuan for renewable resource utilization projects [18]

Core Viewpoint - Orion Energy Systems, Inc. is showcasing its high-quality, USA-manufactured LED lighting products at LightFair 2025, emphasizing its commitment to quality and innovation amidst industry challenges [1][3]. Company Overview - Orion specializes in energy-efficient solutions, including LED lighting, EV charging stations, and electrical maintenance services, focusing on helping customers achieve business and environmental goals [5]. - The company offers turnkey design-through-installation solutions for large national customers and works with ESCO and distribution partners [5]. Product Highlights - Orion's LED lighting fixtures are noted for their high quality and performance, contrasting with competitors who are increasing prices and lead times [2]. - The company emphasizes its flexible supply chain, which allows it to meet market demands effectively [2]. Industry Context - Orion's products are not affected by current tariff-related volatility, positioning the company favorably in the market [3]. - The company is committed to manufacturing in Wisconsin, reinforcing its dedication to local production and quality [3]. Investor Engagement - An informal investor gathering will be held on May 6 at LightFair, providing an opportunity for investors to meet the CEO and learn more about the company [4].

Overall Performance - Acuity Brands Lighting (AYI) achieved net sales of $1006 million in Q2'25, an increase of 11% compared to $906 million in Q2'24 [13] - Adjusted diluted EPS increased by 10% from $3.38 in Q2'24 to $3.73 in Q2'25 [13] - Adjusted operating profit increased by 16% from $140 million in Q2'24 to $163 million in Q2'25, with adjusted operating profit margin increasing by 70 basis points [13] - Year-to-date cash flow from operations decreased by 35% from $293 million in Q2'24 to $192 million in Q2'25 [13] Segment Performance - Acuity Brands Lighting (ABL) reported net sales of $841 million in Q2'25, a slight decrease of 0% compared to $844 million in Q2'24 [15] - ABL's adjusted operating profit increased by 4% from $136 million in Q2'24 to $141 million in Q2'25, with adjusted operating profit margin increasing by 60 basis points from 162% to 168% [15] - Acuity Intelligent Spaces (AIS) saw a significant increase in net sales, growing by 152% from $68 million in Q2'24 to $172 million in Q2'25 [17] - AIS's adjusted operating profit increased by 124% from $14 million in Q2'24 to $32 million in Q2'25, but adjusted operating profit margin decreased by 230 basis points from 210% to 187% [17] Fiscal Year 2025 Outlook - The company projects net sales to be in the range of $43 billion to $45 billion for fiscal year 2025 [21] - Adjusted diluted EPS is expected to be in the range of $1650 to $1800 for fiscal year 2025 [22]

Financial Data and Key Metrics Changes - The company generated net sales of $1 billion in Q2 2025, an increase of $100 million or 11% year-over-year, driven by growth in intelligent spaces and the inclusion of QSC sales [27] - Adjusted operating profit was $163 million, up $23 million or 16% from the previous year, with an adjusted operating profit margin of 16.2%, an increase of 70 basis points [28] - Adjusted diluted earnings per share increased by 35 cents or 10% to $3.73 [28] Business Line Data and Key Metrics Changes - Acuity Brands Lighting (ABL) reported sales of $841 million, a decrease of $3 million from the prior year, primarily due to declines in retail and corporate accounts [29] - Adjusted operating profit for ABL increased by $5 million to $141 million, with an adjusted operating profit margin of 16.8%, up 60 basis points [30] - Acuity Intelligent Spaces (AIS) achieved sales of $172 million, an increase of $103 million, with an adjusted operating profit of $32 million and an adjusted operating profit margin of 18.7% [31] Market Data and Key Metrics Changes - The company noted uncertainty in the market affecting order volumes, particularly in the lighting segment, which experienced some project freezing due to cost uncertainty [45][46] - The company has a diversified global supply chain, with approximately 18% of products sourced from Asia and about half from Mexico, which is largely USMCA compliant [40][55] Company Strategy and Development Direction - The company aims to grow through strategic pricing, product vitality, and expanding its addressable market while managing the impact of tariffs [23][22] - The integration of QSC is expected to enhance the company's intelligent spaces strategy, focusing on smarter, safer, and greener solutions [18][92] - The company is positioned to react to market changes and continue executing its strategy effectively [25][106] Management's Comments on Operating Environment and Future Outlook - Management acknowledged uncertainty in the marketplace due to tariffs and indicated that pricing actions have been taken to manage the financial impact [21][22] - The company remains confident in its ability to execute its strategy and deliver value despite market challenges [25][130] - Management emphasized the importance of maintaining a high-performing supply chain to navigate the evolving tariff landscape [40][44] Other Important Information - The company closed the acquisition of QSC during Q2 2025, financing it with $600 million of additional debt and cash on hand [26][33] - The company increased its dividend by 13% to 17 cents per share and allocated $23 million for share repurchases [33] Q&A Session Summary Question: Impact of tariffs on the company - Management views tariffs as a supply shock and is focused on managing the dollar and margin impacts while maintaining a strong supply chain [38][39] Question: Market conditions and project activity - Management noted that there was some market uncertainty affecting order volumes, particularly in the lighting segment, but they expect to see a clearer demand picture as the year progresses [47][49] Question: Competitive positioning regarding tariffs - Management believes the company is advantaged compared to competitors due to its diversified supply chain and USMCA compliance [52][55] Question: Pricing strategy in response to tariffs - The company employs strategic pricing to cover cost increases due to tariffs, evaluating pricing across different product lines [76][77] Question: Integration progress of QSC - Management expressed enthusiasm about the integration of QSC, noting that it aligns well with the company's strategy and has already shown positive marketplace performance [92][93] Question: Future acquisition plans - Management confirmed that while there are no immediate large-scale acquisitions planned, they remain open to attractive opportunities in the future [111][112] Question: Customer behavior regarding orders - Management indicated that customers often accelerate orders in response to price increases, but the overall impact of tariffs on demand remains uncertain [85][88]