Financial Performance - Acuity Brands reported net sales of $951.6 million for Q1 fiscal 2025, an increase of $16.9 million, or 1.8% year-over-year[1] - Operating profit was $133.3 million, a slight increase of $0.4 million, or 0.3%, with an operating profit margin of 14.0%, down 20 basis points from the prior year[2] - Adjusted diluted earnings per share (EPS) rose to $3.97, up $0.25, or 6.7%, compared to the previous year[3] - Net sales for the three months ended November 30, 2024, were $951.6 million, an increase of 1.8% compared to $934.7 million for the same period in 2023[29] - Gross profit for the same period was $449.3 million, up from $428.4 million, reflecting a gross margin improvement[25] - Net income increased to $106.7 million, a 6.1% rise from $100.6 million year-over-year[25] - Diluted earnings per share (EPS) rose to $3.35, compared to $3.21 in the prior year, marking a 4.4% increase[31] Segment Performance - Acuity Brands Lighting segment generated net sales of $886.0 million, an increase of $9.6 million, or 1.1% year-over-year[4] - Acuity Intelligent Spaces segment saw net sales of $73.5 million, a significant increase of $9.3 million, or 14.5% year-over-year[6] - Acuity Brands Lighting segment net sales were $886.0 million, a slight increase of 1.1% from $876.4 million[32] - Acuity Intelligent Spaces segment net sales grew by 14.5% to $73.5 million, up from $64.2 million[32] Cash Flow and Capital Management - Net cash from operating activities was $132.2 million for the first three months of fiscal 2025, with approximately 17,000 shares repurchased for about $5 million[8] - Cash flows from operating activities were $132.2 million, down 30.4% from $190.0 million in the previous year[32] - Free cash flow decreased to $113.3 million, a decline of 35.4% from $175.4 million year-over-year[32] Acquisitions and Investments - The company completed the acquisition of QSC, LLC for a gross purchase price of $1.215 billion, effective January 1, 2025[9] - The company aims to aggressively deploy capital to grow the business and enter attractive new verticals[12] Shareholder Returns - The company declared dividends of $0.15 per share, an increase from $0.13 per share in the previous year[25] Assets and Adjusted Metrics - Total assets increased to $3,864.3 million as of November 30, 2024, compared to $3,814.6 million at the end of the previous quarter[22] - Adjusted operating profit for the company was $158.7 million, an increase of $4.8 million, or 3.1% year-over-year[2] - Adjusted operating profit (Non-GAAP) for the total company was $158.7 million, reflecting a 3.1% increase from $153.9 million[31]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________________________ Form 10-Q _____________________________________________ (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended November 30, 2024. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission file number 001-16583. _____ ...

Solid Execution Delivers Sales Growth and EPS Expansion; Post-Quarter Completed QSC AcquisitionDelivered Net Sales of $952M, an Increase of 2% Compared to the Prior YearGrew Operating Profit to $133M, Flat Compared to the Prior Year; Adjusted Operating Profit of $159M, up 3% Over the Prior YearReported Diluted EPS of $3.35, up 4% Over the Prior Year; Adjusted Diluted EPS of $3.97, up 7% Over the Prior YearCompleted the Acquisition of QSC, LLC Effective January 1, 2025 ATLANTA, Jan. 08, 2025 (GLOBE NEWSWIRE) ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Acuity Brands (AYI) . This company, which is in the Zacks Building Products - Lighting industry, shows potential for another earnings beat.This lighting maker has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 1.92%.For t ...

Acuity Brands, Inc. (AYI) is scheduled to announce first-quarter fiscal 2025 results on Jan. 8, before the opening bell.In the last reported quarter, the company’s adjusted earnings topped the Zacks Consensus Estimate by 2.6% and increased 8.3% year over year. The top line beat the consensus mark by 2.3% and increased 2.2% from the prior year.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Acuity Brands beat earnings expectations in the trailing 18 quarters.How Are Estimates Placed ...

Analysts on Wall Street project that Acuity Brands (AYI) will announce quarterly earnings of $3.88 per share in its forthcoming report, representing an increase of 4.3% year over year. Revenues are projected to reach $951.85 million, increasing 1.8% from the same quarter last year.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Before ...

ATLANTA, Jan. 02, 2025 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE: AYI) (the “Company”) today announced that it will now release its fiscal 2025 first-quarter results on Wednesday, January 8, 2025 at 6:00 a.m. (EST), followed by a conference call at 8:00 a.m. (EST). Neil Ashe, Chairman, President and Chief Executive Officer of Acuity Brands will lead the call. The Company originally scheduled the release of its fiscal 2025 first-quarter results on January 9, 2025. The change reflects the observance of th ...

Atlanta, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Acuity Brands to Announce Fiscal 2025 First-Quarter Results on January 9, 2025 Atlanta, December 3, 2024 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE: AYI) (the “Company”) today announced that it is planning to release its fiscal 2025 first-quarter results on Thursday, January 9, 2025 at 6:00 a.m. (EST), followed by a conference call at 8:00 a.m. (EST). Neil Ashe, Chairman, President, and Chief Executive Officer of Acuity Brands will lead the call. The webcast, ea ...

According to a recent report by the U.S. Census Bureau, construction activity in the country has been gaining momentum since July 2024. The October 2024 data shows that construction activity was driven by increased residential construction spending month over month and year over year. Although non-residential construction spending during the month was down from September 2024, it was up year over year.Residential construction witnessed an uptick of 1.5% from September 2024 and 6.4% year over year thanks to ...

It has been about a month since the last earnings report for Acuity Brands (AYI) . Shares have added about 0.6% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Acuity Brands due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Acuity Brands' Q4 Earnings & Sales Top Est ...