Edition:
United States

Acuity Brands Inc (AYI.N)

AYI.N on New York Stock Exchange

118.25USD
2:21pm EDT
Change (% chg)

$-1.73 (-1.44%)
Prev Close
$119.98
Open
$119.72
Day's High
$119.84
Day's Low
$117.99
Volume
24,285
Avg. Vol
206,591
52-wk High
$208.77
52-wk Low
$109.99

Latest Key Developments (Source: Significant Developments)

Acuity Brands Reports Q2 Earnings Per Share $2.33
Wednesday, 4 Apr 2018 08:40am EDT 

April 4 (Reuters) - Acuity Brands Inc ::ACUITY BRANDS REPORTS FISCAL 2018 SECOND QUARTER RESULTS AND ANNOUNCES INCREASED SHARE REPURCHASE PROGRAM.Q2 ADJUSTED EARNINGS PER SHARE $1.89.Q2 EARNINGS PER SHARE $2.33.Q2 SALES $832.1 MILLION VERSUS I/B/E/S VIEW $799.3 MILLION.Q2 EARNINGS PER SHARE VIEW $2.11 -- THOMSON REUTERS I/B/E/S.BOARD OF DIRECTORS OF ACUITY BRANDS HAS AUTHORIZED REPURCHASE OF UP TO 6 MILLION SHARES.ACUITY BRANDS INC SAYS "WE WERE DISAPPOINTED IN OUR Q2 PROFITABILITY MEASURES".CURRENT WEAKNESS IN LIGHTING INDUSTRY HAS CREATED A CHALLENGING ENVIRONMENT FOR CO.EXPECT HEADWINDS IN HOME CENTER/SHOWROOM SALES CHANNEL TO CONTINUE IN NEAR TERM.EXPECT HEADWINDS IN HOME CENTER/SHOWROOM SALES CHANNEL TO CONTINUE IN NEAR TERM.PARTY FORECASTS, INDICATORS SUGGEST DEMAND IN NORTH AMERICAN LIGHTING MARKET WILL IMPROVE LATER IN CALENDAR 2018."CONTINUE TO BE CAUTIOUS AND BELIEVE OVERALL MARKET CONDITIONS COULD CONTINUE TO BE CHALLENGING FOR NEAR FUTURE".Q2 PROFITABILITY MEASURES IMPACTED BY UNFAVORABLE CHANGES IN PRODUCT PRICES AND MIX OF PRODUCTS SOLD.Q2 PROFITABILITY ALSO IMPACTED BY HIGHER SELLING, DISTRIBUTION, AND ADMINISTRATIVE EXPENSES.SOFT ORDER ACTIVITY IN CERTAIN SALES CHANNELS SUGGESTS GROWTH IN LIGHTING FIXTURE MARKET MAY REMAIN SLUGGISH FOR BALANCE OF 2018.EXCLUDED FROM Q2 ADJUSTED EARNINGS PER SHARE WAS $0.75 BENEFIT FROM $31.2 MILLION OF NET DISCRETE ITEMS ASSOCIATED WITH TCJA.  Full Article

Acuity Brands Q1 Adjusted Earnings Per Share $1.94
Tuesday, 9 Jan 2018 08:50am EST 

Jan 9 (Reuters) - Acuity Brands Inc ::ACUITY BRANDS SAYS ESTIMATES Q2 TAX EXPENSE TO BE REDUCED BY APPROXIMATELY $30 MILLION FOR DISCRETE ITEMS.ACUITY BRANDS REPORTS FISCAL 2018 FIRST QUARTER RESULTS.Q1 ADJUSTED EARNINGS PER SHARE $1.94.Q1 EARNINGS PER SHARE $1.70.Q1 SALES $842.8 MILLION VERSUS I/B/E/S VIEW $879.3 MILLION.Q1 EARNINGS PER SHARE VIEW $2.11 -- THOMSON REUTERS I/B/E/S.  Full Article

Acuity Brands Q4 adjusted earnings per share $2.55
Wednesday, 4 Oct 2017 08:25am EDT 

Oct 4 (Reuters) - Acuity Brands Inc ::Acuity Brands reports record quarterly and full-year results.Q4 adjusted earnings per share $2.55.Q4 earnings per share $2.15.Q4 sales $957.6 million versus I/B/E/S view $974.1 million.Q4 earnings per share view $2.43 -- Thomson Reuters I/B/E/S.Acuity Brands Inc - management expects fiscal 2018 capital expenditures will approximate 2 percent of net sales.Acuity Brands sees "volatility in demand in some sales channels & geographies, with short-term volatility on hurricanes in Florida,Texas, Puerto Rico​.  Full Article

Acuity Brands reports Q3 earnings per share $1.90
Thursday, 29 Jun 2017 08:35am EDT 

June 29 (Reuters) - Acuity Brands Inc :Acuity Brands reports fiscal 2017 third quarter results.Q3 adjusted earnings per share $2.15.Q3 earnings per share $1.90.Q3 sales $891.6 million versus I/B/E/S view $879.2 million.Q3 earnings per share view $2.03 -- Thomson Reuters I/B/E/S.Acuity Brands Inc - "Still see encouraging signs that support third-party forecasts for improvement in growth rates in calendar year 2018".Acuity Brands Inc - "Remain bullish regarding company's prospects for continued future profitable growth".  Full Article

U.S. CPSC says Lithonia Lighting recalls to repair ceiling light fixtures due to impact hazard
Wednesday, 7 Jun 2017 12:54pm EDT 

June 7 (Reuters) - U.S. Consumer Product Safety Commission::Lithonia Lighting recalls to repair about 5,600 ceiling light fixtures due to impact hazard.Firm has received six reports of loose or falling diffuser lenses; no injuries have been reported​.  Full Article

Generation Investment reports 5.92 pct stake in Acuity Brands
Monday, 22 May 2017 05:46pm EDT 

May 22 (Reuters) - Acuity Brands Inc ::Generation Investment Management LLP reports 5.92% passive stake in Acuity Brands Inc as of May 10, 2017 - SEC filing.  Full Article

Soros Fund Management dissolves share stake in Cigna Corp
Monday, 15 May 2017 05:43pm EDT 

May 15 (Reuters) - Soros Fund Management::Soros Fund Management dissolves share stake in Acuity Brands Inc - SEC filing.Soros Fund Management takes share stake of 5,200 shares in Buffalo Wild Wings Inc - SEC filing.Soros Fund Management dissolves share stake in Cigna Corp - SEC filing.Change in holdings are as of March 31, 2017 and compared with the previous quarter ended as of Dec 31, 2016.  Full Article

Acuity Brands licenses technology from Vital Vio
Thursday, 4 May 2017 08:15am EDT 

May 4 (Reuters) - Acuity Brands Inc :Acuity brands, inc. Licenses technology from vital vio, inc.Acuity brands inc- will incorporate vital vio's viosafe white light disinfection technology into certain of its led luminaires.  Full Article

Acuity Brands Q2 adjusted EPS $1.77
Tuesday, 4 Apr 2017 08:37am EDT 

Acuity Brands Inc : Acuity Brands reports fiscal 2017 second quarter results . Q2 adjusted earnings per share $1.77 . Q2 earnings per share $1.53 . Q2 sales $804.7 million versus i/b/e/s view $829 million .Q2 earnings per share view $1.82 -- Thomson Reuters I/B/E/S.  Full Article

Acuity Brands reports Q4 earnings per share $1.89
Wednesday, 5 Oct 2016 08:05am EDT 

: Acuity Brands reports record quarterly and full-year results . Q4 earnings per share $1.89 . Q4 earnings per share view $2.39 -- Thomson Reuters I/B/E/S . Q4 revenue view $946.5 million -- Thomson Reuters I/B/E/S . Sees fy 2017 capital expenditures will approximate 2.5 percent of net sales . Q4 adjusted earnings per share $2.21 . Q4 sales $925.5 million versus I/B/E/S view $946.5 million .Says "we believe that overall demand in our end markets will continue to experience solid growth over next several years".  Full Article