Acuity Brands Reports Fiscal 2010 Second Quarter Results.

Business WireMarch 31, 2010

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Acuity Brands Reports Fiscal 2010 Second Quarter Results.

ATLANTA -- Acuity Brands, Inc. (NYSE: AYI) ("Company") today announced fiscal 2010 second quarter net sales of $383.5 million, a less than 1 percent decline compared with the year-ago period. Diluted earnings per share (EPS) from continuing operations for the second quarter of fiscal 2010 were $0.16 compared with $0.34 for the prior year. Excluding the special charges for streamlining activities recorded in both periods and the loss associated with the early retirement of debt as described below, fiscal 2010 second quarter adjusted diluted EPS from continuing operations were $0.40 compared with $0.41 for the prior period.

Acquisitions contributed incremental sales of approximately 3.5 percentage points to fiscal 2010 second quarter net sales. Additionally, the translation of the stronger dollar on international sales contributed approximately on...

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