The earnings call depicted a generally positive outlook for Acuity Brands with solid sales growth, strategic acquisitions, and strong performance in the Intelligent Spaces segment. However, there were minor challenges in the retail and corporate segments, and a slight decline in ABL operating margins.

Company Guidance

During the Acuity Brands Fiscal 2025 First Quarter Earnings Call, the company provided guidance that reflects the acquisition of QSC, projecting net sales for the full fiscal year to range between $4.3 billion and $4.5 billion, with adjusted diluted earnings per share expected to be between $16.50 and $18. This guidance incorporates QSC's contribution, which will be included in the results starting January 2025. The company also anticipates full-year interest expenses to be between $20 million and $25 million, reflecting additional debt incurred to finance the acquisition. The guidance does not include synergies from the QSC acquisition, focusing instead on maintaining steady performance across the existing businesses.

Sales Growth and Profit Expansion

Acuity Brands reported net sales of $952 million for Q1 2025, a 2% increase year-over-year. Adjusted operating profit was $159 million, up by $5 million or 3% from the previous year, with an adjusted operating profit margin of 16.7%.

Intelligent Spaces Segment Growth

Sales in the Intelligent Spaces segment increased by 15% year-over-year to $74 million, with an adjusted operating profit margin of 21%, an improvement of 5 percentage points.

Acquisition of QSC

Acuity successfully closed the acquisition of QSC, enhancing the Intelligent Spaces business by integrating data interoperability technologies.

Strong Cash Flow and Balance Sheet

The company generated $132 million of cash flow from operations and ended the quarter with $936 million in cash. Share repurchases were resumed with approximately $5 million allocated to repurchase around 17,000 shares.

Recognition for Product Innovation

Several lighting solutions were awarded in the GRANDS PRIX DU DESIGN Awards and the Architect's Newspapers Best of Product Awards, highlighting Acuity's focus on product vitality and innovation.

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Acuity Brands (AYI) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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AYI Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 03, 2018	2018 (Q4)	- / 2.68	2.55	5.10% (+0.13)	―	―
Jan 09, 2019	2019 (Q1)	- / 2.32	1.94	19.59% (+0.38)	―	―
Apr 03, 2019	2019 (Q2)	- / 1.99	1.89	5.29% (+0.10)	―	―
Jul 02, 2019	2019 (Q3)	- / 2.53	2.37	6.75% (+0.16)	―	―
Oct 02, 2019	2019 (Q4)	- / 2.75	2.68	2.61% (+0.07)	―	―
Jan 09, 2020	2020 (Q1)	- / 2.13	2.32	-8.19% (-0.19)	―	―
Apr 02, 2020	2020 (Q2)	- / 1.84	1.99	-7.54% (-0.15)	―	―
Jun 30, 2020	2020 (Q3)	- / 1.94	2.53	-23.32% (-0.59)	―	―
Oct 08, 2020	2020 (Q4)	- / 2.35	2.75	-14.55% (-0.40)	―	―
Jan 07, 2021	2021 (Q1)	- / 2.03	2.13	-4.69% (-0.10)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

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AYI Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jan 08, 2025	$303.87	$313.64	+3.22%
Oct 01, 2024	$275.26	$299.20	+8.70%
Jun 27, 2024	$239.51	$242.25	+1.14%
Apr 03, 2024	$261.39	$264.25	+1.09%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

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