Acuity

Q3 FY2026 EarningsQ3 FY26 net sales reached $1.20B, up 1.6% YoY, as AIS segment growth of 14.9% offset a 1.9% decline in ABL. Gross margin expanded 220bps to 50.6% due to favorable product mix and non-recurrence of QSC inventory adjustments. Operating profit surged 38.3% YoY to $193.3M, driven by higher margins and zero special charges vs. $29.7M last year. Diluted EPS rose 46.2% YoY to $4.56, supported by robust net income growth and active share repurchases.