Atlanta, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Acuity Brands to Announce Fiscal 2024 Fourth-Quarter and Full-Year Results on October 1, 2024 Atlanta, September 5, 2024 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE: AYI) (the “Company”) today announced that it is planning to release its fiscal 2024 fourth-quarter and full-year results on Tuesday, October 1, 2024 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 ...

Acuity Brands, Inc. (AYI) is benefiting from innovation across its diversified product portfolio. Also, its focus on Intelligent Spaces Group (ISG), accompanied by the strategic execution of other initiatives like cost-savings and in-organic steps, is encouraging.Shares of this manufacturer and distributor of lighting fixtures and related components have risen 37.3% in the past year compared with the Zacks Building Products - Lighting industry’s growth of 32.3% and the Zacks Construction sector’s increase o ...

Executive Appointment - Sach Sankpal has been appointed as President of Acuity Brands Lighting and Lighting Controls (ABL), bringing over 30 years of experience in transformation and innovation [1] - Trevor Palmer, the current President of ABL, will be leaving the company after a successful tenure [1] Strategic Direction - The company aims to connect processes more effectively end-to-end under Sach Sankpal's leadership to accelerate growth and drive productivity [2] - Acuity Brands is focused on doing things differently to take the company to new places [2] Company Overview - Acuity Brands is a market-leading industrial technology company with two business segments: Acuity Brands Lighting and Lighting Controls (ABL) and the Intelligent Spaces Group (ISG) [3] - The company designs, manufactures, and brings to market products and services that make a valuable difference in people's lives [3] - Growth is achieved through innovative new products and services, customer-focused efficiencies, and aggressive capital deployment [3] Global Operations - Acuity Brands is based in Atlanta, Georgia, with operations across North America, Europe, and Asia [4] - The company is powered by approximately 12,000 dedicated and talented associates [4]

Executive Appointment - Sach Sankpal has been appointed as President of Acuity Brands Lighting and Lighting Controls (ABL), bringing over 30 years of experience in transformation and innovation [1] - Neil Ashe, Chairman, President, and CEO of Acuity Brands, highlighted Sankpal's positive influence on the company's performance and culture since joining two years ago [1] - Trevor Palmer, the current President of ABL, will be leaving the company after a successful tenure, having led the business through several years of transformation [1] Strategic Vision - The company aims to take Acuity to new heights by adopting innovative approaches and creating a unified lighting organization under Sach Sankpal's leadership [2] - This reorganization is expected to enhance end-to-end process connectivity, accelerate growth, and drive productivity [2] Company Overview - Acuity Brands is a market-leading industrial technology company with two main business segments: Acuity Brands Lighting and Lighting Controls (ABL) and the Intelligent Spaces Group (ISG) [3] - The company focuses on designing, manufacturing, and bringing to market products and services that solve problems in spaces, light, and other areas [3] - Growth is achieved through the development of innovative products and services, including lighting, lighting controls, building management solutions, and location-aware applications [3] - The company is headquartered in Atlanta, Georgia, with operations across North America, Europe, and Asia, and employs approximately 12,000 associates [4] Media and Investor Contacts - Media inquiries can be directed to April Appling, Vice President of Corporate Communications [6] - Investor inquiries can be directed to Charlotte McLaughlin, Vice President of Investor Relations [6]

Acuity Brands, Inc. (AYI) reported mixed results in third-quarter fiscal 2024 (ended May 31, 2024), with earnings surpassing the Zacks Consensus Estimate and revenues missing the same. Earnings beat the consensus mark for the 17th consecutive quarter.Despite a year-over-year decline in sales in the lighting business, AYI reported strong fiscal third-quarter performance driven by increased focus on margins and cash generation. This approach resulted in a higher adjusted operating profit margin and increased ...

Acuity Brands, Inc. (NYSE:AYI) Q3 2024 Earnings Conference Call June 27, 2024 8:00 AM ET Company Participants Charlotte McLaughlin - VP, IR Neil Ashe - Chairman, President & CEO Karen Holcom - SVP & CFO Conference Call Participants Christopher Glynn - Oppenheimer Ryan Merkel - William Blair Tim Wojs - Baird Joe O'Dea - Wells Fargo Jeffrey Sprague - Vertical Research Operator Good morning, and welcome to the Acuity Brands Fiscal 2024 Third Quarter Earnings Call. At this time, all participants are in a listen ...

STITCH from A-Light FISCAL 2024 THIRD QUARTER RESULTS JUNE 27, 2024 FORWARD LOOKING STATEMENTS This presentation and related conference call Statements that describe or relate to the These risks and uncertainties are discussed in and webcast include “forward-looking Company’s plans, goals, intentions, strategies, ourfilingswiththeU.S.SecuritiesandExchange statements” within the meaning of Section 27A or financial outlook, and statements that do not Commission, including our most recent annual of the Securit ...

Acuity Brands (AYI) reported $968.1 million in revenue for the quarter ended May 2024, representing a year-over-year decline of 3.2%. EPS of $4.15 for the same period compares to $3.75 a year ago.The reported revenue represents a surprise of -2.74% over the Zacks Consensus Estimate of $995.41 million. With the consensus EPS estimate being $4.10, the EPS surprise was +1.22%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine t ...

Acuity Brands (AYI) came out with quarterly earnings of $4.15 per share, beating the Zacks Consensus Estimate of $4.10 per share. This compares to earnings of $3.75 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.22%. A quarter ago, it was expected that this lighting maker would post earnings of $3.11 per share when it actually produced earnings of $3.38, delivering a surprise of 8.68%.Over the last four quarters, the compan ...

Press Release Exhibit 99.1 Investor Contact: Charlotte McLaughlin Vice President, Investor Relations (404) 853-1456 investorrelations@acuitybrands.com Media Contact: April Appling Vice President, Corporate Communications corporatecommunications@acuitybrands.com Acuity Brands Reports Fiscal 2024 Third-Quarter Results Solid Execution Delivers Operating Margin Expansion, EPS Growth and Strong Operating Cash Flow ■ Delivered Net Sales of $968M, a 3% Decline Compared to the Prior Year ■ Grew Operating Profit to ...