Acuity Inc. (De)

Year to date, we repurchased approximately 766,000 shares of common stock for a total of $230 million.

SEC original ↗Acuity Inc. (De) — Earnings release (8-K exhibit)EX-99Jun 25, 2026

See the Debt and Lines of Credit footnote of the Notes to Consolidated Financial Statements for further details on our outstanding borrowings.

SEC original ↗Acuity Inc. (De) — 10-Q Quarterly report10-QJun 25, 2026

Fair value for our senior unsecured public notes is estimated based on discounted future cash flows using rates currently available for debt of similar terms and maturity (Level 2).

SEC original ↗Acuity Inc. (De) — 10-Q Quarterly report10-QJun 25, 2026

We had $ 200.0 million and $ 400.0 million of borrowings outstanding under our credit agreements as of May 31, 2026 and August 31, 2025, respectively.

SEC original ↗Acuity Inc. (De) — 10-Q Quarterly report10-QJun 25, 2026

Such borrowings are variable-rate instruments that reset on a frequent short-term basis; therefore, we estimate that any outstanding carrying values of these instruments, which are equal to their face amounts, approximate their fair values.

SEC original ↗Acuity Inc. (De) — 10-Q Quarterly report10-QJun 25, 2026

See Debt and Lines of Credit footnote of the Notes to Consolidated Financial Statements for further details on our outstanding borrowings.

SEC original ↗Acuity Inc. (De) — 10-Q Quarterly report10-QJun 25, 2026

We focus on 2 Press Release Exhibit 99.1 customer outcomes and drive growth and productivity to increase market share and deliver superior returns.

SEC original ↗Acuity Inc. (De) — Earnings release (8-K exhibit)EX-99Jun 25, 2026

Forward-looking statements include, but are not limited to, statements that describe or relate to our plans, initiatives, projections, vision, goals, targets, commitments, expectations, objectives, prospects, strategies, or financial outlook, and the assumptions underlying or relating thereto.

SEC original ↗Acuity Inc. (De) — Earnings release (8-K exhibit)EX-99Jun 25, 2026

We focus on customer outcomes and drive growth and productivity to increase market share and deliver superior returns.

SEC original ↗Acuity Inc. (De) — 10-Q Quarterly report10-QJun 25, 2026

Our strategy is to increase product vitality, elevate service levels, use technology to improve and differentiate both our products and how we operate the business, and drive productivity.

SEC original ↗Acuity Inc. (De) — 10-Q Quarterly report10-QJun 25, 2026

Our open technology includes products for heating, ventilation, and air conditioning ( HVAC ), refrigeration, lighting, shades, and building access that prioritize end-user outcomes.

SEC original ↗Acuity Inc. (De) — 10-Q Quarterly report10-QJun 25, 2026

During the third quarter of fiscal 2026, we received $6.4 million in tariff refunds in Acuity Brands Lighting, which are reflected as non-GAAP adjustments in our results.

SEC original ↗Acuity Inc. (De) — Earnings release (8-K exhibit)EX-99Jun 25, 2026

The most directly comparable GAAP measures for adjusted gross profit and adjusted gross profit margin for total company are gross profit and gross profit margin, respectively, which include the impact of acquired profit in inventory and tariff refunds.

SEC original ↗Acuity Inc. (De) — Earnings release (8-K exhibit)EX-99Jun 25, 2026

The most directly comparable GAAP measures for adjusted operating profit and adjusted operating profit margin for total company and by segment are operating profit and operating profit margin, respectively, which include the impact of amortization of acquired intangible assets, share-based payment expense, acquired profit in inventory, acquisition-related costs, special charges, and tariff refunds.

SEC original ↗Acuity Inc. (De) — Earnings release (8-K exhibit)EX-99Jun 25, 2026

The most directly comparable GAAP measures for adjusted net income and adjusted diluted EPS are net income and diluted EPS, respectively, which include the impact of amortization of acquired intangible assets, share-based payment expense, acquired profit in inventory, acquisition-related costs, special charges, and tariff refunds.

SEC original ↗Acuity Inc. (De) — Earnings release (8-K exhibit)EX-99Jun 25, 2026

The most directly comparable GAAP measure for adjusted EBITDA is net income , which includes the impact of net interest expense, income taxes, depreciation, amortization of acquired intangible assets, share-based payment expense, acquired profit in 3 Press Release Exhibit 99.1 inventory, acquisition-related items, special charges, miscellaneous (income) expense, net, and tariff refunds.

SEC original ↗Acuity Inc. (De) — Earnings release (8-K exhibit)EX-99Jun 25, 2026

Our forward-looking statements are based on our current beliefs, expectations, and assumptions, which may not prove to be accurate, and are subject to known and unknown risks and uncertainties, assumptions, and other important factors, many of which are outside of our control and any of which could cause our actual results to differ materially from those expressed or implied by the forward-looking statements.

SEC original ↗Acuity Inc. (De) — Earnings release (8-K exhibit)EX-99Jun 25, 2026