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Acuity Brands, Inc. - AYI STOCK NEWS

Welcome to our dedicated page for Acuity Brands news (Ticker: AYI), a resource for investors and traders seeking the latest updates and insights on Acuity Brands stock.

Acuity Brands, Inc. (AYI) is a North American leader and one of the world's top providers of comprehensive lighting solutions, catering to both indoor and outdoor applications. Headquartered in Atlanta, Georgia, the company employs approximately 7,000 associates across North America, Europe, and Asia. Acuity Brands focuses on delivering customer-driven, efficient lighting solutions that offer superior quality and value.

Acuity Brands operates through its primary subsidiaries, Acuity Brands Lighting and other affiliated entities. The company's extensive portfolio includes luminaires, lighting controls, lighting components, and integrated lighting systems that utilize a variety of light sources. Their products are widely used in commercial, institutional, industrial, and residential settings.

The company's customer base spans electrical distributors, electric utilities, retail home improvement centers, and lighting showrooms. A significant portion of Acuity Brands' revenue is generated within the United States. In the fiscal year 2014, the company reported net sales of $2.4 billion.

Recent achievements have showcased Acuity Brands' ability to drive margin expansion and generate strong cash flow. The continuous focus on cost efficiency and leveraging a culture of improvement have been pivotal to its success. Investors and potential employees can explore more about Acuity Brands, their latest projects, and career opportunities by visiting their career center.

For the latest updates, news, and financial metrics, stakeholders can contact:

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Acuity Brands reported its fiscal 2024 third-quarter results, revealing a 3% decline in net sales to $968 million. Despite this, the company achieved a 1% increase in operating profit to $145 million, with adjusted operating profit rising by 3% to $167 million. Reported diluted EPS grew by 10% to $3.62, while adjusted diluted EPS increased by 11% to $4.15. The company generated $445 million in year-to-date cash flow from operations. Segment-wise, Acuity Brands Lighting and Lighting Controls experienced a 4.5% sales decline, while Intelligent Spaces Group saw a 15% sales increase. Operating profit margins expanded for both segments. The company repurchased $89 million worth of shares.

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Acuity Brands' Board of Directors has announced a quarterly dividend of 15 cents per share.

This dividend will be payable on August 1, 2024, to shareholders who are on record as of July 18, 2024.

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Acuity Brands (NYSE: AYI) will release its fiscal 2024 third quarter results on June 27, 2024, at 6:00 a.m. EST. The announcement will be followed by a conference call at 8:00 a.m. EST, led by Neil Ashe, the company's Chairman, President, and CEO. The earnings release, webcast, and supplemental presentation will be accessible through the Investor Relations section of Acuity Brands' website. Replays of the call will be available online for a time after the event.

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Acuity Brands, Inc. reports a 4% decline in net sales but achieves margin expansion and EPS growth in fiscal 2024 Q2. Operating profit and adjusted profit both increase by 6%, with diluted EPS up by 11%. The company generated $293M in cash flow from operations.
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Acuity Brands, Inc. (AYI) announces a quarterly dividend of 15 cents per share, payable on May 1, 2024, to shareholders of record on April 17, 2024.
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Acuity Brands, Inc. (AYI) schedules the release of its fiscal 2024 second quarter results on April 3, 2024, with a conference call led by Neil Ashe. Investors can access the webcast and earnings release on the Investor Relations section of the Company's website.
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Acuity Brands, Inc. announced a 15% increase in its quarterly dividend to 15 cents per share from 13 cents per share. The Board also authorized the repurchase of up to 3 million shares of common stock, bringing the outstanding authorization to approximately 3.9 million shares.
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Acuity Brands, a market-leading industrial technology company (NYSE: AYI), delivered net sales of $935M, a 6% decline compared to the prior year. Operating profit grew to $133M, up 22% over the prior year, and adjusted EPS was $3.72, up 13% over the prior year. The company also generated $190M in cash flow from operations.
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Acuity Brands, Inc. (NYSE: AYI) plans to release its fiscal 2024 first-quarter results on January 9, 2024. The conference call will be led by Neil Ashe, the Chairman, President, and CEO. The webcast and earnings release will be available on the Investor Relations section of the company's website.
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Acuity Brands, Inc. (NYSE: AYI) released its annual EarthLIGHT Report, showcasing Fiscal Year 2023 Environmental, Social, and Governance (ESG) achievements. The report details strategic priorities and efforts around ESG, emphasizing the company's commitment to sustainability and technology. Neil M. Ashe, Chairman, President, and CEO, highlights the intersection of sustainability and technology as crucial for long-term growth.
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FAQ

What does Acuity Brands, Inc. do?

Acuity Brands, Inc. provides comprehensive lighting solutions for indoor and outdoor applications, including luminaires, lighting controls, and integrated lighting systems.

Where is Acuity Brands headquartered?

Acuity Brands is headquartered in Atlanta, Georgia, USA.

How many employees does Acuity Brands have?

Acuity Brands employs approximately 7,000 associates.

Where can I learn about career opportunities at Acuity Brands?

You can explore career opportunities at Acuity Brands by visiting their career center at www.acuitybrands.com/about-us/careers.

What types of customers does Acuity Brands serve?

Acuity Brands serves electrical distributors, electric utilities, retail home improvement centers, and lighting showrooms.

What are some recent achievements of Acuity Brands?

Acuity Brands has recently showcased strong execution in margin expansion and EPS growth with significant cash flow generation.

Who should I contact for investor relations inquiries?

For investor relations inquiries, you can contact Charlotte McLaughlin at investorrelations@acuitybrands.com or (404) 853-1456.

Where can I find the latest news about Acuity Brands?

You can find the latest news about Acuity Brands on their official website or by contacting their media relations department.

What regions does Acuity Brands operate in?

Acuity Brands operates in North America, Europe, and Asia.

What was Acuity Brands' revenue in the fiscal year 2014?

In the fiscal year 2014, Acuity Brands reported net sales of $2.4 billion.

Acuity Brands, Inc.

NYSE:AYI

AYI Rankings

AYI Stock Data

7.97B
30.77M
0.2%
97.54%
5.32%
Commercial, Industrial, and Institutional Electric Lighting Fixture Manufacturing
Manufacturing
Link
United States of America
ATLANTA