Acuity Brands: Growth Is Finally Coming Back Online

Group 1 - The previous investment thought on Acuity Brands, Inc. (NYSE: AYI) was a buy rating, based on the belief that the slowdown in growth was temporary and that recovery would occur as macro conditions improve [1] - The investment approach focuses on long-term investments while incorporating short-term shorts to uncover alpha opportunities, emphasizing bottom-up analysis of individual companies' fundamental strengths and weaknesses [1] - The investment duration is medium to long-term, aiming to identify companies with solid fundamentals, sustainable competitive advantages, and growth potential [1]