Acuity Brands, Inc. : New signal of a turnaround in the construction cycle

The umpteenth signal of a downturn in the new-build and construction markets, fiscal 2023 marks stagnation for Acuity, with sales down 1% and earnings per share down 3% on the previous year.
There was no change in the balance sheet – still very robust, with no net date – nor in capital allocation. …
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