Acuity Brands, Inc. (NYSE: AYI) recently reported Q1 earnings that surpassed expectations, propelling its shares to a seven-year high. Despite a decline in sales, the North American leader in lighting and building management solutions demonstrated resilience in the face of supply chain disruptions and benefited from a robust economic environment. In the analysis, Dan Victor, CFA, President of Posto Asset Management, provides exclusive insights into AYI’s performance and market outlook.
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