Acuity Brands: The Intelligent Spaces Expansion 

Acuity Brands, a prominent player in the lighting and building management industry, reported a solid performance for its fiscal 2024 fourth quarter and full year, showcasing both growth and strategic progress. The company’s net sales reached $1 billion in the fourth quarter, marking a 2% year-over-year increase, driven by gains in its Lighting and Intelligent Spaces businesses. This growth is attributed to their strong product vitality and strategic pricing, helping to manage costs effectively.