Acuity Inc. (NYSE: AYI) delivered net sales of $1.1B in Q2 FY2026, up 4.9% year-over-year, with operating profit increasing 20.7% to $133M. The company expanded adjusted operating margins by 50 basis points and grew adjusted diluted EPS by 11% to $4.14. The AIS segment showed strong growth with 44.7% sales increase,...
Acuity Inc. (NYSE:AYI) announced a quarterly dividend of $0.20 per share, payable on May 1, 2026, to shareholders of record as of April 17, 2026. The Atlanta-based industrial technology company, which operates in lighting, building management solutions, and audio/video control platforms across North America, Europe,...
Acuity Inc. (NYSE: AYI) announced a 17% increase in its quarterly dividend to 20 cents per share from 17 cents per share. The dividend is payable on February 13, 2026, to shareholders of record on February 2, 2026.
Acuity Inc. (NYSE: AYI) delivered robust first-quarter fiscal 2026 results with net sales of $1.1B, up 20% year-over-year, and adjusted operating profit of $196M, up 24%. The company reported adjusted diluted EPS of $4.69, up 18%, while generating strong operating cash flow of $140.8M. The Acuity Intelligent Spaces...
Acuity Inc. reported strong Q3 performance with net sales of $1.2 billion, a 21.7% increase year-over-year. The company grew adjusted operating profit by 32.7% and adjusted diluted EPS by 23.4%, driven by growth in Lighting and Intelligent Spaces segments.
The Li-Fi market is expected to grow rapidly, driven by increasing adoption, investment, and demand for high-speed, secure, and energy-efficient communication. The market is expected to reach $35.62 billion by 2032, growing at a CAGR of 57.04% from 2024-2032.
Acuity Brands, Inc. is changing its corporate name to Acuity Inc. effective March 26, 2025. The company will continue to operate through two business segments, Acuity Brands Lighting (ABL) and Acuity Intelligent Spaces (AIS), and will continue trading on the New York Stock Exchange under the ticker symbol 'AYI'.
The emergency lighting market is expected to grow from $6.74 billion in 2024 to $7.23 billion in 2025, driven by factors like safety regulations, urbanization, and power outages. The market is expected to reach $9.85 billion by 2029, with major trends including technological advancements, battery technology, and LED...
U.S. stock futures advanced on Wednesday, but the market has remained sluggish in the past few days. Christopher Wood from Jefferies expects Trump's inflationary policies to hurt the market, while analysts remain bullish on the long-term outlook.
The global solar street lighting market is projected to reach US$ 23.59 billion by 2033, driven by strong government policies, technological advancements, and growing environmental consciousness. Standalone solar street lights and solar panels are leading the market, with highways and roadways being the largest...
Acuity Brands, Inc. has reached a definitive agreement to acquire QSC, LLC for $1.215 billion. The acquisition is expected to be accretive to Acuity's fiscal 2025 full-year adjusted diluted earnings per share and expand its cloud-manageable audio, video, and control platform.
Acuity Brands, a lighting and building management solutions provider, reported strong fiscal fourth-quarter 2024 financial results, exceeding top- and bottom-line expectations. The company also provided an encouraging outlook for 2025, projecting higher net sales and adjusted diluted EPS. Investors reacted positively,...
Acuity Brands, Inc. reported strong fourth-quarter and full-year fiscal 2024 results, with net sales growth, margin expansion, and higher earnings per share. The company's Lighting and Lighting Controls (ABL) and Intelligent Spaces Group (ISG) segments both saw improved performance.
The HR Technology Conference & Exposition announced the participants of its 2024 Pitchfest, a startup competition that will take place during the annual conference in September 2024. The competition will feature 31 companies presenting their concepts to a panel of judges and the audience.
Acuity Brands (AYI) reports mixed third-quarter fiscal 2024 results, courtesy of solid ISG net sales and lower contributions from the ABL segment.
Companies In The News Are: MKC, AYI, JEF, CNXC.
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...
The headline numbers for Acuity Brands (AYI) give insight into how the company performed in the quarter ended May 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
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...
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