Acuity Brands (AYI) reported its fiscal Q4 2024 earnings, showcasing a 2.2% increase in topline growth and a significant boost in margins. The company achieved net sales of $1.03 billion for the quarter, marking a 2% increase compared to the prior year. Additionally, Acuity Brands reported a diluted EPS of $3.77, reflecting a 43% increase over the previous year, and an adjusted diluted EPS of $4.30, up 8% year-over-year. The fiscal 2024 net sales totaled $3.8 billion, a 3% increase from the previous year. The revenue of $1.03 billion represents a 2.14% year-over-year increase, beating estimates by $12 million. The EPS of $4.30 beat estimates by $0.02. Looking ahead, Acuity Brands provided guidance for fiscal 2025, projecting net sales in the range of $3.9 billion to $4.1 billion, with expectations of low to mid-single-digit sales growth from ABL. The stock was up 2.0% in pre-market trading.