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Acuity Brands Inc (AYI.N)

AYI.N on New York Stock Exchange

122.95USD
4 Dec 2020
Change (% chg)

$2.47 (+2.05%)
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Latest Key Developments (Source: Significant Developments)

Acuity Brands Says Notes Will Bear Interest At Rate Of 2.150% Per Annum
Wednesday, 28 Oct 2020 

Oct 27 (Reuters) - Acuity Brands Inc ::ACUITY BRANDS PRICES $500 MILLION OF SENIOR NOTES.ACUITY BRANDS-NOTES WILL MATURE ON DEC 15, 2030 AND BEAR INTEREST AT RATE OF 2.150% PER ANNUM, WILL BE ISSUED AT PRICE EQUAL TO 99.737% OF FACE VALUE.  Full Article

Acuity Brands Announces Agreements With Violet Defense And PURO Lighting
Monday, 12 Oct 2020 

Oct 12 (Reuters) - Acuity Brands Inc ::ACUITY BRANDS ANNOUNCES AGREEMENTS WITH VIOLET DEFENSE AND PURO LIGHTING; CONTINUES TO EXPAND UV DISINFECTION PRODUCT PORTFOLIO.ACUITY BRANDS- AGREEMENTS WILL GIVE CO BRANDS ACCESS TO VIOLET DEFENSE'S PATENTED UV TECHNOLOGY TO EXPAND ITS PORTFOLIO OF UV DISINFECTION PRODUCTS.ACUITY BRANDS - PURO AND ACUITY BRANDS WILL ALSO WORK TOGETHER ON DEVELOPMENT OF A NEXT GENERATION OF UV LIGHTING PRODUCTS.  Full Article

Acuity Brands Q4 Earnings Per Share Estimate $2.03 -- Refinitiv Ibes Data
Thursday, 8 Oct 2020 

Acuity Brands Inc ::ACUITY BRANDS REPORTS FISCAL 2020 FOURTH QUARTER RESULTS AND FULL-YEAR RESULTS.Q4 ADJUSTED EARNINGS PER SHARE $2.35.Q4 EARNINGS PER SHARE $1.87.Q4 SALES $891 MILLION VERSUS REFINITIV IBES ESTIMATE OF $828.4 MILLION.Q4 EARNINGS PER SHARE ESTIMATE $2.03 -- REFINITIV IBES DATA.EXPECT WEAKNESS IN NONRESIDENTIAL BUILDING ACTIVITY BASED ON CURRENT CONSTRUCTION INDICATORS.ACUITY BRANDS- EXPECT WEAKNESS IN NONRESIDENTIAL BUILDING ACTIVITY BASED ON CURRENT CONSTRUCTION INDICATORS.Q4 EARNINGS PER SHARE VIEW $2.03 -- REFINITIV IBES DATA.Q4 REVENUE VIEW $828.4 MILLION -- REFINITIV IBES DATA.  Full Article

Acuity Brands Reports Q4 Earnings Per Share $2.42
Wednesday, 2 Oct 2019 

Oct 2 (Reuters) - Acuity Brands Inc ::ACUITY BRANDS REPORTS FISCAL 2019 FOURTH QUARTER AND FULL-YEAR RESULTS.Q4 EARNINGS PER SHARE $2.42.Q4 SALES $938.1 MILLION VERSUS REFINITIV IBES ESTIMATE OF $1.03 BILLION.Q4 EARNINGS PER SHARE ESTIMATE $2.81 -- REFINITIV IBES DATA.Q4 ADJUSTED EARNINGS PER SHARE $2.75.REMAIN CAUTIOUS ABOUT OVERALL MARKET CONDITIONS WITHIN LIGHTING INDUSTRY FOR FISCAL 2020.BELIEVE 2020 Q1 NET SALES COULD BE DOWN IN MID-TO-HIGH SINGLE-DIGIT PERCENTAGE RANGE COMPARED WITH Q1 OF FISCAL 2019.EXPECT MARKET DEMAND FOR LIGHTING PRODUCTS TO REMAIN SLUGGISH UNTIL THERE IS MORE CLARITY REGARDING THESE GLOBAL TRADE ISSUES.ACUITY BRANDS - Q4 RESULTS REFLECT BENEFIT OF PRICE INCREASES IMPLEMENTED TO HELP OFFSET IMPACT OF TARIFFS & INFLATIONARY COST PRESSURES.EXPECTS FISCAL 2020 CAPITAL EXPENDITURES WILL APPROXIMATE 1.7 PERCENT OF NET SALES.BELIEVE Q1 NET SALES COULD BE DOWN IN PART DUE TO PULL FORWARD OF ORDERS BY CUSTOMERS IN ADVANCE OF ANNOUNCED PRICE INCREASES.ACUITY -Q4 RESULTS REFLECT PRICE INCREASES IMPLEMENTED TO REDUCE EXPOSURE TO PRODUCTS WHOSE PROFITABILITY HAS BEEN MOST NEGATIVELY IMPACTED BY TARIFFS.ACUITY BRANDS - BELIEVE Q1 NET SALES COULD BE DOWN IN PART DUE TO EFFORTS TO REDUCE EXPOSURE TO PRODUCTS NEGATIVELY IMPACTED BY TARIFFS.  Full Article

Acuity Brands Q3 Earnings Per Share $2.22
Tuesday, 2 Jul 2019 

July 2 (Reuters) - Acuity Brands Inc ::ACUITY BRANDS REPORTS FISCAL 2019 THIRD QUARTER RESULTS.Q3 ADJUSTED EARNINGS PER SHARE $2.53.Q3 EARNINGS PER SHARE $2.22.Q3 SALES $947.6 MILLION VERSUS REFINITIV IBES ESTIMATE OF $971.5 MILLION.Q3 EARNINGS PER SHARE ESTIMATE $2.45 -- REFINITIV IBES DATA.REMAIN CAUTIOUSLY OPTIMISTIC ABOUT OVERALL MARKET CONDITIONS FOR REMAINDER OF CALENDAR YEAR 2019."WE REMAIN CAUTIOUSLY OPTIMISTIC ABOUT OVERALL MARKET CONDITIONS FOR REMAINDER OF CALENDAR YEAR 2019".DO NOT BELIEVE THAT DEMAND OUTLOOK FOR 2019 HAS MEANINGFULLY CHANGED FROM OUR OUTLOOK PROVIDED LAST QUARTER.BELIEVE FISCAL Q4 NET SALES COULD BE DOWN MODESTLY COMPARED WITH PRIOR YEAR'S NET SALES.SEES Q4 ADJUSTED OPERATING PROFIT MARGIN WILL EXCEED PRIOR-YEAR'S Q4 MARGIN.ACUITY BRANDS - THIRD-PARTY FORECASTS & INDICATORS CONTINUE TO SUGGEST NORTH AMERICAN LIGHTING MARKET SHOULD GROW IN LOW-SINGLE DIGIT RANGE IN FY 2019.Q4 REVENUE VIEW $1.08 BILLION -- REFINITIV IBES DATA."Q4 NET SALES MAY BE NEGATIVELY IMPACTED BY OUR EFFORTS TO ENHANCE OUR MARGIN PROFILE"."BELIEVE OUR Q4 ADJUSTED OPERATING PROFIT MARGIN WILL IMPROVE ON A SEQUENTIAL BASIS FROM Q3".  Full Article

Acuity Brands Reports Fiscal 2019 Second Quarter Results
Wednesday, 3 Apr 2019 

April 3 (Reuters) - Acuity Brands Inc ::ACUITY BRANDS REPORTS FISCAL 2019 SECOND QUARTER RESULTS.Q2 ADJUSTED EARNINGS PER SHARE $1.99.Q2 SALES $854.4 MILLION VERSUS REFINITIV IBES ESTIMATE OF $878.2 MILLION.Q2 EARNINGS PER SHARE ESTIMATE $1.79 -- REFINITIV IBES DATA.Q2 EARNINGS PER SHARE $1.67.REMAIN CAUTIOUSLY OPTIMISTIC FOR REMAINDER OF FISCAL AND CALENDAR YEAR 2019.BELIEVE Q2 REVENUE GROWTH WAS NEGATIVELY IMPACTED BY PULL FORWARD OF ORDERS BY CUSTOMERS INTO Q1 IN ADVANCE OF PRICE INCREASES.DO NOT BELIEVE THAT 2019 DEMAND OUTLOOK HAS MEANINGFULLY CHANGED FROM OUTLOOK PROVIDED LAST QUARTER.INITIATED A REVIEW OF A SMALL PORTION OF OUR PRODUCT PORTFOLIO AND SERVICES OFFERING.REVIEW IS WITH OBJECTIVE OF ELIMINATING ITEMS AND ACTIVITIES THAT DO NOT MEET CO'S RETURN OBJECTIVES.INITIATED A REVIEW OF A SMALL PORTION OF PRODUCT PORTFOLIO AND SERVICES OFFERING.ACUITY BRANDS - SHIFT IN SALES AMONG KEY CUSTOMERS WITHIN RETAIL CHANNEL COULD CONTINUE TO HAVE DAMPENING EFFECT ON 2019 GROSS PROFIT DOLLARS & MARGIN.INITIATED REVIEW "WITH OBJECTIVE OF ELIMINATING THOSE ITEMS AND ACTIVITIES THAT DO NOT MEET OUR RETURN OBJECTIVES".ACUITY BRANDS - EXPECT DAMPENING EFFECT ON 2019 GROSS PROFIT DOLLARS , GROSS PROFIT MARGIN TO BE LARGELY OFFSET BY LOWER FREIGHT AND COMMISSION COSTS.  Full Article