Acuity Brands(US:AYI)2024-06-27 14:35Fiscal 2024 Third Quarter Performance - Acuity Brands' net sales decreased by 3% to $968 million in Q3'24 compared to $1 billion in Q3'23 [9] - Adjusted diluted earnings per share increased by 11% to $4.15 in Q3'24 compared to $3.75 in Q3'23 [9] - Adjusted operating profit increased by 3% to $167 million in Q3'24 compared to $163 million in Q3'23 [9] - Year-to-date cash flow from operations decreased by 6% to $445 million [9] Segment Performance - ABL (Acuity Brands Lighting and Lighting Controls) net sales decreased [17] - ISG (Intelligent Spaces Group) net sales increased by 15% to $76 million in Q3'24 compared to $66 million in Q3'23 [15] - ISG adjusted operating profit increased by 35% to $17 million in Q3'24 compared to $13 million in Q3'23 [15] - ISG adjusted operating profit margin increased by 340 bps to 229% in Q3'24 compared to 195% in Q3'23 [15] Fiscal 2024 Outlook - The company projects net sales to be in the range of $37 billion to $40 billion [17] - Adjusted diluted EPS is expected to be in the range of $1475 to $1550 [17]