Acuity Brands, Inc. provides lighting and building management solutions and services for commercial, institutional, industrial, infrastructure, and residential applications in North America and internationally. The company offers lighting and control products and solutions, including recessed, surface, and suspended lighting; down, decorative, emergency and exit, track, day, special-use, street and roadway, parking garage, tunnel, underwater, area pedestrian, flood, decorative site, and landscape lighting; occupancy sensors; photo controls; relay panels; architectural dimming panels; and integrated lighting controls systems. It also provides building management systems, lighting, lighting controls, and location aware applications; and light emitting diode drivers, power supplies, modular wiring, sensors, glass, and inverters, as well as services across applications that primarily relate to monitoring and controlling lighting systems through network technologies and the commissioning of control systems. The company markets its products under the Lithonia Lighting, Holophane, Peerless, Gotham, Mark Architectural Lighting, Winona Lighting, Juno, Indy, Aculux, Healthcare Lighting, Hydrel, American Electric Lighting, Sunoptics, eldoLED, Distech Controls, nLight, ROAM, Sensor Switch, IOTA, A-light, Cyclone, Eureka, Luminaire LED, Luminis, Dark to Light, RELOC Wiring Solutions, DGLogik, and Atrius brands. It serves electrical distributors, retail home improvement centers, electric utilities, national accounts, system integrators, utility distributors, value-added resellers, digital retailers, government entities and municipalities, lighting showrooms, developers, original equipment manufacturers, and energy service companies, as well as the new construction, renovation, and maintenance and repair markets. Acuity Brands, Inc. was incorporated in 2001 and is headquartered in Atlanta, Georgia.
IPO Year:
Exchange: NYSE
Website: acuitybrands.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
6/28/2024 | $295.00 → $260.00 | Overweight → Equal Weight | Wells Fargo |
4/4/2024 | $250.00 → $315.00 | Outperform | Oppenheimer |
12/16/2022 | $200.00 → $190.00 | Outperform → Neutral | Robert W. Baird |
6/23/2022 | Outperform → Mkt Perform | William Blair | |
1/10/2022 | $237.00 → $245.00 | Outperform | Credit Suisse |
1/4/2022 | $206.00 → $213.00 | Neutral | UBS |
1/4/2022 | $225.00 → $237.00 | Outperform | Credit Suisse |
10/12/2021 | $163.00 → $206.00 | Sell → Neutral | UBS |
10/8/2021 | $218.00 | Overweight | Wells Fargo |
10/7/2021 | $184.00 → $223.00 | Outperform | Cowen & Co. |
QSC, a Pioneer in Audiovisual Solutions, to Be Acquired by Acuity, a Leading Industrial-Technology Company QSC, LLC ("QSC" or "the Company"), a market leader in the design, engineering, and manufacturing of audio, video, and control solutions that are designed to create impactful experiences, today announced that they have reached a definitive agreement to be acquired by Acuity Brands, Inc. ("Acuity"). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241023703409/en/Acuity announces the acquisition of QSC (Graphic: Business Wire) "Bringing QSC together with Acuity underscores the critical role AV technology plays in live, hybrid,
Increased Fiscal Q4 2024 Net Sales 2% to $1.03B Compared to the Prior Year Reported Fiscal Q4 2024 Diluted EPS of $3.77, up 43% Over the Prior Year; Adjusted Diluted EPS of $4.30, up 8% Over the Prior YearDelivered Fiscal 2024 Net Sales of $3.8B, a 3% Decline Compared to the Prior Year Reported Fiscal 2024 Diluted EPS of $13.44, up 25% Over the Prior Year; Adjusted Diluted EPS of $15.56, up 11% Over the Prior Year Generated $619M in Cash Flow from Operations in Fiscal 2024, up 7% Over the Prior Year ATLANTA, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE:AYI) (the "Company"), a market-leading industrial technology company, announced net sales of $1.03 billion in the fourth qu
Atlanta, Sept. 26, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Acuity Brands, Inc. (NYSE:AYI, ", Company", ))) today declared a quarterly dividend of 15 cents per share. The dividend is payable on November 1, 2024, to shareholders of record on October 18, 2024. About Acuity Brands Acuity Brands, Inc. (NYSE:AYI) is a market-leading industrial technology company. We use technology to solve problems in spaces, light, and more things to come. Through our two business segments, Acuity Brands Lighting and Lighting Controls (ABL) and the Intelligent Spaces Group (ISG), we design, manufacture, and bring to market products and services that make a valuable difference in people's lives. We
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 lead the call. The webcast, earnings release, and supplemental presentation can be accessed via the Investor Relations section of the Company's website at www.investors.acuitybrands.co
Delivered Net Sales of $968M, a 3% Decline Compared to the Prior YearGrew Operating Profit to $145M, up 1% Over the Prior Year; Adjusted Operating Profit of $167M, up 3% Over the Prior YearReported Diluted EPS of $3.62, up 10% Over the Prior Year; Adjusted Diluted EPS of $4.15, up 11% Over the Prior YearGenerated $445M in Year-to-Date Cash Flow from Operations ATLANTA, June 27, 2024 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE:AYI) (the "Company"), a market-leading industrial technology company, announced net sales of $968.1 million in the third quarter of fiscal 2024 ended May 31, 2024, a decrease of $32.2 million, or 3.2 percent, compared to the prior year. "In our fiscal 2024 third q
Atlanta, June 26, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Acuity Brands, Inc. (NYSE:AYI, ", Company", ))) today declared a quarterly dividend of 15 cents per share. The dividend is payable on August 1, 2024, to shareholders of record on July 18, 2024. About Acuity Brands Acuity Brands, Inc. (NYSE:AYI) is a market-leading industrial technology company. We use technology to solve problems in spaces, light, and more things to come. Through our two business segments, Acuity Brands Lighting and Lighting Controls (ABL) and the Intelligent Spaces Group (ISG), we design, manufacture, and bring to market products and services that make a valuable difference in people's lives. We
ATLANTA, May 30, 2024 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE:AYI) (the "Company") today announced that it is planning to release its fiscal 2024 third quarter results on Thursday, June 27, 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 lead the call. The webcast, earnings release, and supplemental presentation can be accessed via the Investor Relations section of the Company's website at www.investors.acuitybrands.com on Thursday, June 27, 2024. The online replay will remain available for a limited time following the call. A replay of the call will also be posted to the In
Delivered Net Sales of $906M, a 4% Decline Compared to the Prior YearGrew Operating Profit to $118M, up 6% Over the Prior Year; Adjusted Operating Profit of $140M, up 6% Over the Prior YearReported Diluted EPS of $2.84, up 11% Over the Prior Year; Adjusted Diluted EPS of $3.38, up 11% Over the Prior YearGenerated $293M in Year-to-Date Cash Flow from Operations ATLANTA, April 03, 2024 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE:AYI) (the "Company"), a market-leading industrial technology company, announced net sales of $905.9 million in the second quarter of fiscal 2024 ended February 29, 2024, a decrease of $37.7 million, or 4.0 percent, compared to the prior year. "Our fiscal 2024 sec
Atlanta, March 28, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Acuity Brands, Inc. (NYSE:AYI, ", Company", ))) today declared a quarterly dividend of 15 cents per share. The dividend is payable on May 1, 2024, to shareholders of record on April 17, 2024. About Acuity Brands Acuity Brands, Inc. (NYSE:AYI) is a market-leading industrial technology company. We use technology to solve problems in spaces, light, and more things to come. Through our two business segments, Acuity Brands Lighting and Lighting Controls (ABL) and the Intelligent Spaces Group (ISG), we design, manufacture, and bring to market products and services that make a valuable difference in people's lives. We achiev
ATLANTA, March 06, 2024 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE:AYI) (the "Company") today announced that it is planning to release its fiscal 2024 second quarter results on Wednesday, April 3, 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 lead the call. The webcast, earnings release, and supplemental presentation can be accessed via the Investor Relations section of the Company's website at www.investors.acuitybrands.com on Wednesday, April 3, 2024. The online replay will remain available for a limited time following the call. A replay of the call will also be posted to t
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Acuity Brands's (NYSE:AYI) short percent of float has fallen 11.24% since its last report. The company recently reported that it has 1.45 million shares sold short, which is 6.24% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.98 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest
Acuity Brands's (NYSE:AYI) short percent of float has risen 7.82% since its last report. The company recently reported that it has 1.64 million shares sold short, which is 7.03% of all regular shares that are available for trading. Based on its trading volume, it would take traders 7.85 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest i
Wells Fargo analyst Joseph O'Dea downgrades Acuity Brands (NYSE:AYI) from Overweight to Equal-Weight and lowers the price target from $295 to $260.
Wall Street experienced a subdued trading day on Thursday, as traders likely chose to remain on the sidelines in anticipation of Friday’s release of the Federal Reserve’s preferred inflation gauge. In regulatory news, U.S. banks successfully passed the Federal Reserve’s 2024 stress tests. The results demonstrated that all analyzed institutions could maintain minimum capital requirements even in the face of a severe economic shock. Notably, regional banks, as tracked by the SPDR S&P Regional Banking ETF (NYSE:KRE), performed relatively better overall compared to their larger counterparts. As of midday trading in New York, major indices showed marginal gains, with small caps outperformi
Lighting and building management firm Acuity Brands, Inc (NYSE:AYI) reported a fiscal third-quarter 2024 net sales decline of 3.2% year-over-year to $968.1 million, missing the analyst consensus estimate of $1.01 billion. It clocked an adjusted EPS of $4.15, beating the analyst consensus estimate of $4.13. Sales by segments: Acuity Brands Lighting (ABL) and Lighting Controls revenue hit $898.5 million (-4.5% Y/Y), and Intelligent Spaces Group (ISG) clocked $75.7 million (+15.0% Y/Y). The consolidated adjusted operating margin grew by 100 bps to 17.3%. ABL’s adjusted operating margin expanded by 100 bps to 18.0%. ISG's margin increased by 340 bps to 22.9%. The company generated $
The two-day rally the broader market witnessed could stall, as traders choose to remain cautious ahead of a string of economic catalysts. The negative reaction to Micron Technology, Inc.‘s (NASDAQ:MU) earnings could generate weakness in the tech space. AI stalwart Nvidia Corp.’s (NASDAQ:NVDA) two-day rally is cooling off following its annual shareholder meeting. Bond yields have ticked up, with the 10-year-old Treasury yield holding above the 4.3% mark. Traders may bide their time amid the fluid situation in a bid to see off late Thursday’s presidential debate and Federal Reserve’s preferred inflation gauge due on Friday. FuturesPerformance (+/-)Nasdaq 100-0.12%S&P 500-0.11%Dow-0.16%R2
The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, while the index remained in the “Fear” zone on Wednesday. U.S. stocks closed mostly higher on Wednesday, with the Nasdaq Composite gaining around 0.5% during the session. The Nasdaq is on course to record a gain of 18.6% for the first half following a surge in NVIDIA Corporation (NASDAQ:NVDA) shares. Amazon.com Inc (NASDAQ:AMZN) surged to new all-time highs on Wednesday amid multiple developments. BofA Securities analyst Justin Post maintained Amazon.com with a Buy and raised the price target from $210 to $220. Most sectors on the S&P 500 closed on a negative note, with energy, financial and
QSC, a Pioneer in Audiovisual Solutions, to Be Acquired by Acuity, a Leading Industrial-Technology Company QSC, LLC ("QSC" or "the Company"), a market leader in the design, engineering, and manufacturing of audio, video, and control solutions that are designed to create impactful experiences, today announced that they have reached a definitive agreement to be acquired by Acuity Brands, Inc. ("Acuity"). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241023703409/en/Acuity announces the acquisition of QSC (Graphic: Business Wire) "Bringing QSC together with Acuity underscores the critical role AV technology plays in live, hybrid,
QSC, LLC is a Leader in the Strategically Adjacent and Growing Audio, Video and Control Industry Transaction Expected to Close in the Second Quarter of Fiscal 2025 and be Accretive to Acuity Brands Fiscal 2025 Full-Year Adjusted Diluted Earnings per Share ATLANTA, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE:AYI) (the "Company" or "Acuity"), a market-leading industrial technology company, has reached a definitive agreement to acquire QSC, LLC ("QSC") for a purchase price of $1.215 billion, or $1.1 billion net of approximately $100 million in present value of expected tax benefits. The net purchase price represents approximately 14 times QSC's estimated EBITDA for the last t
Increased Fiscal Q4 2024 Net Sales 2% to $1.03B Compared to the Prior Year Reported Fiscal Q4 2024 Diluted EPS of $3.77, up 43% Over the Prior Year; Adjusted Diluted EPS of $4.30, up 8% Over the Prior YearDelivered Fiscal 2024 Net Sales of $3.8B, a 3% Decline Compared to the Prior Year Reported Fiscal 2024 Diluted EPS of $13.44, up 25% Over the Prior Year; Adjusted Diluted EPS of $15.56, up 11% Over the Prior Year Generated $619M in Cash Flow from Operations in Fiscal 2024, up 7% Over the Prior Year ATLANTA, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE:AYI) (the "Company"), a market-leading industrial technology company, announced net sales of $1.03 billion in the fourth qu
Atlanta, Sept. 26, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Acuity Brands, Inc. (NYSE:AYI, ", Company", ))) today declared a quarterly dividend of 15 cents per share. The dividend is payable on November 1, 2024, to shareholders of record on October 18, 2024. About Acuity Brands Acuity Brands, Inc. (NYSE:AYI) is a market-leading industrial technology company. We use technology to solve problems in spaces, light, and more things to come. Through our two business segments, Acuity Brands Lighting and Lighting Controls (ABL) and the Intelligent Spaces Group (ISG), we design, manufacture, and bring to market products and services that make a valuable difference in people's lives. We
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 lead the call. The webcast, earnings release, and supplemental presentation can be accessed via the Investor Relations section of the Company's website at www.investors.acuitybrands.co
ATLANTA, July 30, 2024 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE:AYI) ("Acuity"), a market-leading industrial technology company, announced that Sach Sankpal, SVP and Chief Growth and Transformation Officer, has been appointed as President of Acuity Brands Lighting and Lighting Controls ("ABL"). "Since joining Acuity two years ago, Sach has been a positive influence on our performance and our culture," stated Neil Ashe, Chairman, President and CEO of Acuity Brands, Inc. "He brings over 30 years of experience accelerating transformation, driving innovation and positioning global industrial technology organizations for future growth." Trevor Palmer, the current President of the AB
Delivered Net Sales of $968M, a 3% Decline Compared to the Prior YearGrew Operating Profit to $145M, up 1% Over the Prior Year; Adjusted Operating Profit of $167M, up 3% Over the Prior YearReported Diluted EPS of $3.62, up 10% Over the Prior Year; Adjusted Diluted EPS of $4.15, up 11% Over the Prior YearGenerated $445M in Year-to-Date Cash Flow from Operations ATLANTA, June 27, 2024 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE:AYI) (the "Company"), a market-leading industrial technology company, announced net sales of $968.1 million in the third quarter of fiscal 2024 ended May 31, 2024, a decrease of $32.2 million, or 3.2 percent, compared to the prior year. "In our fiscal 2024 third q
Atlanta, June 26, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Acuity Brands, Inc. (NYSE:AYI, ", Company", ))) today declared a quarterly dividend of 15 cents per share. The dividend is payable on August 1, 2024, to shareholders of record on July 18, 2024. About Acuity Brands Acuity Brands, Inc. (NYSE:AYI) is a market-leading industrial technology company. We use technology to solve problems in spaces, light, and more things to come. Through our two business segments, Acuity Brands Lighting and Lighting Controls (ABL) and the Intelligent Spaces Group (ISG), we design, manufacture, and bring to market products and services that make a valuable difference in people's lives. We
ATLANTA, May 30, 2024 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE:AYI) (the "Company") today announced that it is planning to release its fiscal 2024 third quarter results on Thursday, June 27, 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 lead the call. The webcast, earnings release, and supplemental presentation can be accessed via the Investor Relations section of the Company's website at www.investors.acuitybrands.com on Thursday, June 27, 2024. The online replay will remain available for a limited time following the call. A replay of the call will also be posted to the In
Visiongain has published a new report entitled Commercial Greenhouse Market Report 2024-2034: Forecasts by Size (Small/Mid-Scale Greenhouses, Large-Scale Greenhouses), by Component (Hardware, Glazing Materials (Polyethylene Film, Polycarbonate Sheet, Acrylic Sheet, Glass Materials, Other), Systems (Lighting Systems, Irrigation Systems, Climate Control Systems, System Controls, Communication Systems, Other)), by Product Type (Vegetables, Fruits, Flowers & Ornamentals, Nursery Crops) AND Regional and Leading National Market Analysis PLUS Analysis of Leading Companies AND COVID-19 Impact and Recovery Pattern Analysis. The global commercial greenhouse market was valued at US$38.02 billion in 20
Wells Fargo downgraded Acuity Brands from Overweight to Equal Weight and set a new price target of $260.00 from $295.00 previously
Oppenheimer reiterated coverage of Acuity Brands with a rating of Outperform and set a new price target of $315.00 from $250.00 previously
Robert W. Baird downgraded Acuity Brands from Outperform to Neutral and set a new price target of $190.00 from $200.00 previously
William Blair downgraded Acuity Brands from Outperform to Mkt Perform
Credit Suisse reiterated coverage of Acuity Brands with a rating of Outperform and set a new price target of $245.00 from $237.00 previously
UBS reiterated coverage of Acuity Brands with a rating of Neutral and set a new price target of $213.00 from $206.00 previously
Credit Suisse reiterated coverage of Acuity Brands with a rating of Outperform and set a new price target of $237.00 from $225.00 previously
UBS upgraded Acuity Brands from Sell to Neutral and set a new price target of $206.00 from $163.00 previously
Wells Fargo initiated coverage of Acuity Brands with a rating of Overweight and set a new price target of $218.00
Cowen & Co. reiterated coverage of Acuity Brands with a rating of Outperform and set a new price target of $223.00 from $184.00 previously
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ATLANTA, July 30, 2024 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE:AYI) ("Acuity"), a market-leading industrial technology company, announced that Sach Sankpal, SVP and Chief Growth and Transformation Officer, has been appointed as President of Acuity Brands Lighting and Lighting Controls ("ABL"). "Since joining Acuity two years ago, Sach has been a positive influence on our performance and our culture," stated Neil Ashe, Chairman, President and CEO of Acuity Brands, Inc. "He brings over 30 years of experience accelerating transformation, driving innovation and positioning global industrial technology organizations for future growth." Trevor Palmer, the current President of the AB
Vernon Nagel brings extensive executive leadership experience and financial expertise to the ScanSource Board of Directors ScanSource, Inc. (NASDAQ:SCSC), a leading hybrid distributor connecting devices to the cloud, today announced the appointment of Vernon J. Nagel to its Board of Directors, effective August 16, 2023. Mr. Nagel's appointment expands the Board to nine members. Mr. Nagel brings extensive executive leadership, financial and accounting expertise to the ScanSource Board of Directors. Mr. Nagel served as Executive Chairman of Acuity Brands, Inc. (NYSE:AYI), a publicly traded industrial technology company from February 2020 until his retirement in December 2020. Mr. Nagel pr
Former Doctor On Demand CEO, Hill Ferguson, steps down Included Health, the first company to fully integrate navigation and virtual care, today announced the appointment of Michael Bender to the company's Board of Directors. The board will continue with seven seats. At the same time Hill Ferguson, former chief executive officer of Doctor On Demand, is leaving his seat, as planned during the merger of Doctor On Demand and Grand Rounds Health. Owen Tripp, chief executive officer of Included Health, said, "Michael knows healthcare and he knows operations. He's scaled some of the strongest brands in the market today and understands how to tackle complex challenges in our industry. I look forw
Atlanta, Sept. 07, 2022 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE:AYI) ("Acuity" or the "Company"), a market-leading industrial technology company, today announced the appointment of Philippe Brzusczak, Senior Vice President, Corporate Development and Strategy, to its executive leadership team. Philippe will be responsible for evaluating mergers and acquisitions (M&A) opportunities, conducting ongoing assessments of the industry and competitive landscape, and building strategic industry relationships that align with the Company's strategy and growth goals. "We are excited to have Philippe join our team," said Neil Ashe, Chairman, President and CEO, Acuity Brands, Inc. "He will se
Atlanta, April 07, 2022 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE:AYI) ("Acuity" or the "Company"), a market-leading industrial technology company, today announced the appointment of Sach Sankpal as Senior Vice President, Growth and Transformation, and a member of the executive leadership team. Sankpal will lead the technology organization, deploy the Company's Better.Smarter.Faster. operating system, and direct integration efforts for future Acuity mergers and acquisitions. He brings extensive experience leading successful business transformations in the industrial sector. "We are excited to have Sach on our team," said Neil Ashe, Chairman, President and CEO, Acuity Brands, Inc. "H
Atlanta, Aug. 10, 2021 (GLOBE NEWSWIRE) -- The Board of Directors (the "Board") of Acuity Brands, Inc. (NYSE:AYI) (the "Company") announced today the retirement of Peter C. Browning from the Board and the election of Mark J. Sachleben as a member of the Board, both effective as of August 6, 2021. Mr. Sachleben will serve for a term that will expire at the Company's next annual meeting of stockholders. Mr. Sachleben currently serves as Chief Financial Officer of New Relic, Inc. (NYSE:NEWR), the Observability company that empowers engineers with a data driven approach to planning, building, deploying and running great software. There he drives financial strategy and reporting, and has also
Atlanta, Jan. 06, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of Acuity Brands, Inc. (NYSE: AYI; "Company") today declared a quarterly dividend of 13 cents per share. The dividend is payable on February 1, 2021 to shareholders of record on January 20, 2021. About Acuity Brands Acuity Brands, Inc. (NYSE: AYI) is a market-leading industrial technology company. We design, manufacture, and bring to market innovative products and services that make the world more brilliant, productive, and connected including building management systems, lighting, lighting controls, and location-aware applications. Based in Atlanta, Georgia, with operations across North America, Europe, and Asia, we ar