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AYI - Acuity Brands: Lingering Margin Pressures Cloud Updated Investor Day Targets
July, 07 2021 04:59 AM
Acuity Brands Inc.
Acuity Brands hosts its first investor day event under the new CEO alongside its recent earnings report. While the volume-driven quarterly outperformance is a positive surprise, cost pressures remain a concern amid the lower gross margin guide. With ISG also in growth mode and no accretive M&A on the horizon, upcoming headwinds could weigh on margins ahead. For further details see:
Acuity Brands: Lingering Margin Pressures Cloud Updated Investor Day Targets
Stock Information
Company Name:
Acuity Brands Inc.
Stock Symbol:
AYI
Market:
NYSE
Website:
acuitybrands.com
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