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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, 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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Acuity Brands, Inc. reported a 1% decline in net sales for fiscal 2023, but saw a 10% increase in adjusted diluted EPS. The company generated $578M in cash flow from operations. Q4 2023 net sales declined by 9%, but adjusted diluted EPS increased by 1%. The lighting business experienced a decline in sales. Full-year operating profit decreased by $36.3M, but adjusted operating profit increased by $9.3M. ABL generated net sales of $3.7B, a decrease of 2.3%. ISG saw an increase in net sales of 16.9%. The company repurchased 1.6 million shares of common stock for $269M. The audit report for the fiscal year-end financial statements is pending. The CEO expressed satisfaction with the fiscal Q4 performance and the successful year overall.
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Acuity Brands, Inc. declares quarterly dividend of 13 cents per share.
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Acuity Brands to release fiscal 2023 Q4 and full-year earnings results on October 4, 2023
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Vernon Nagel appointed to ScanSource Board of Directors
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FAQ

What is the current stock price of Acuity Brands (AYI)?

The current stock price of Acuity Brands (AYI) is $315.62 as of November 20, 2024.

What is the market cap of Acuity Brands (AYI)?

The market cap of Acuity Brands (AYI) is approximately 9.8B.

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

9.76B
30.77M
0.3%
100.01%
2.82%
Electrical Equipment & Parts
Electric Lighting & Wiring Equipment
Link
United States of America
ATLANTA