Lighting manufacturer Acuity Brands, Atlanta, reported fiscal 2016 Q4 net sales of $925.5 million, up increased $166 million, or 22%, compared with the year-ago period. LED-based products sales rose 40% year-over-year, and represented about two-thirds of total sales. Share prices fell, though, as the results didn’t meet investors’ expectations.
About the Author
Doug Chandler, Senior Staff Writer
Executive Editor
Doug Chandler began writing about the electrical industry in 1992, and still finds there's never a shortage of stories to be told. So he spends his days finding them and telling them. Educationally, he's a Jayhawk with an English degree. Outside of work, he can often be found banging drums or harvesting tomatoes.