Acuity Brands Reports Fiscal 2021 First Quarter Results
Acuity Brands Reports Fiscal 2021 First Quarter Results Achieves Strong Free Cash Flow, Accelerates Share Repurchases ATLANTA, Jan. 07, 2021 (GLOBE NEWSWIRE) — Acuity Brands, Inc. (NYSE: AYI) (“Company”) today announced results for the first quarter ended November 30, 2020. First quarter net sales were $792 million, a decrease of 5.1% compared with the prior-year period. Operating profit margin of 10.8% increased 80 basis points and adjusted operating profit margin of 13.2% decreased 110 basis points compared with the prior-year period. Net income was $60 million, an increase of 4.6% co...
Source: forextv.com