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Atlanta, Nov. 09, 2020 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE: AYI) (the “Company”) today announced that Neil M. Ashe, President and Chief Executive Officer of Acuity Brands, will present at the Robert W. Baird 2020 Global Industrial Virtual Conference on Wednes...
Miller Value Partners is a value investor. It values businesses, and not just stocks, and invests in them for the long term. During the third quarter of 2020, Miller Opportunity Equity returned 13.01% (net of fees) versus the unmanaged benchmark, the S&P 500 Index, return of 8.93%...
Palm Beach, FL – October 28, 2020 – The global pandemic has hurt a large number of businesses but there are some segments that are actually growing not just in spite of the pandemic, but in response to it! The global UC-V market is one of the latter. In many countries hospital...
Acuity Brands Lighting, a wholly-owned operating subsidiaryof Acuity Brands (AYI) has priced $500M of 2.150% senior unsecured notes due December 15, 2030 at a price equal to 99.737% of their face value.Offering is expected to close on November 10.Net proceeds will be used to prepay all o...
Atlanta, Oct. 27, 2020 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE: AYI) (the “Company”) announced today that its wholly-owned operating subsidiary, Acuity Brands Lighting, Inc. (“ABL”), has priced its previously announced offering of senior unsecured notes...
Acuity Brands' ([[AYI]] +0.3%) wholly-owned operating subsidiary, Acuity Brands Lighting launched senior unsecured notes offering.Offer amount, terms and timing have not yet been disclosed.Proceeds to be used for prepaying all of the outstanding borrowings under ABL’s senior unsec...
Atlanta, Oct. 27, 2020 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE: AYI) (the “Company”) announced today that its wholly-owned operating subsidiary, Acuity Brands Lighting, Inc. (“ABL”), has launched an offering of senior unsecured notes. The notes will be ...
Acuity Brands posts a relatively resilient FQ4 earnings report, but pricing pressures remain a concern. The business is well-capitalized, but the priority remains on investing for growth rather than capital return to shareholders. Shares are not quite cheap enough at current level...
Acuity Brands (AYI) announces strategic agreement with Violet Defense and Puro Lighting to access company's UV disinfection solutions for many different industries and categories.The agreement will give Acuity Brands access to Violet Defense’s patented UV technology to expand its portf...
Atlanta, Oct. 12, 2020 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE: AYI) announced today it has entered into strategic agreements with Violet Defense LLC (Violet Defense), an innovator of patented germicidal UV lighting technology that kills bacteria and inactivates viruse...
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2024-06-28 07:00:09 ET Joseph O'Dea from Wells Fargo issued a price target of $260.00 for AYI on 2024-06-28 05:39:00. The adjusted price target was set to $260.00. At the time of the announcement, AYI was trading at $242.51. The overall price target consensus is at $296....
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Delivered Net Sales of $968M , a 3% Decline Compared to the Prior Year Grew Operating Profit to $145M , up 1% Over the Prior Year; Adjusted Operating Profit of $167M , up 3% Over the Prior Year Reported Diluted EPS of $3.62 ...