AYI News and Press, Acuity Brands Inc. From 04/27/22

The Biden administration is doing away with old-fashioned incandescent lightbulbs, 143 years after Thomas Edison patented the first commercially successful one in 1879. The move is aimed at making good on climate promises with the hope of preventing 222M tons of planet-warming carbon pollutio...

Acuity is seeing strong sales growth. While gross margins are down, the company is taking steps to minimize the bottom-line impact through price increases and improving operating efficiency. The stock is trading at a discount to its historical levels and can re-rate as the supply ...

Acuity Brands' top line growth is exceptional, owing to significant acquisitions made last year and a continued demand recovery. The management is investing heavily in inventory in order to mitigate risks associated with supply chain issues. It is facing temporary headwinds affect...

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Atlanta, April 07, 2022 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE: AYI) ("Acuity" or the "Company"), a market-leading industrial technology company, today announced the appointment of Sach Sankpal as Senior Vice President, Growth and Transformation, and a member of the executive lea...

Worries about an even more hawkish Federal Reserve sent stocks sharply lower on Tuesday, led by a 2.4% drop in the Nasdaq. The S&P 500 declined 1.3%. The decline included a notable retreat in the electric vehicle stock, as less-established names suffered in the wake of an EV partnership b...

Image source: The Motley Fool. Acuity Brands (NYSE: AYI) Q2 2022 Earnings Call Apr 05, 2022 , 8:00 a.m. ET Operator Continue reading For further details see: Acuity Brands (AYI) Q2 2022 Earnings Call Transcript

Acuity Brands (AYI -6.8%) shares trades lower despite FQ2 revenue estimates beat consensus by $22.68M and Non-GAAP EPS by $0.20. The Co. generated net sales of $909.1M, an increase of 17.1% Y/Y where, Independent Sales Network too increased 11.7% Y/Y to $614.3M. Gross margin de...

Acuity Brands, Inc. (AYI) Q2 2022 Earnings Conference Call April 05, 2022, 08:00 AM ET Company Participants Charlotte McLaughlin - Vice President, Investor Relations Neil Ashe - Chairman, President and CEO Karen Holcom - Senior Vice President and CFO Conference Call Participants Christopher G...

Acuity Brands Inc ( NYSE: AYI ) opened 1.0% up in the stock market on Tuesday after reporting market-beating results for its fiscal second quarter despite higher material and freight costs. Acuity Brands Q2 financial highlights Net income printed at $75.3 million that tran...