Core Insights - LSI Industries' shares increased by over 14% following the announcement of its fiscal 2026 second-quarter results [1] Sales Performance - LSI's net sales for the quarter ended December 31 were $147 million, reflecting a decline of less than 1% year over year, attributed to the normalization of event-driven grocery sales [3] - The lighting business was a significant growth driver, with sales increasing by 15% [3] Profitability and Cash Flow - Adjusted net income rose slightly to $8.4 million, or $0.26 per share, surpassing Wall Street's expectations of $0.22 per share [4] - The company generated $23.3 million in free cash flow, which was used to pay down debt and strengthen the balance sheet [5] - Management plans to utilize strong cash generation for organic growth investments and potential acquisitions [5] Future Outlook - The company anticipates continued year-over-year revenue growth in the lighting segment and a resumption of growth in the display solutions segment as it enters the second half of fiscal 2026 [5]