Core Equity Research

Acuity Brands, Inc. Is A Long-Term Buy

Acuity Brands, Inc. (NYSE:AYI) is a North American market leader and is one of the world's leading producers, distributors and providers of lighting solutions for both indoor and outdoor applications. The company has a highly configurable product offering, consisting of roughly 500,000 active products comprising over 2,000 product groups, which are sold to a broad and diverse customer base. The company employs approximately 6,000 people worldwide.

The company's lighting solutions include devices such as luminaires, lighting controls, power supplies, prismatic skylights, light-emitting diode (LED) lamps, and integrated lighting systems for indoor and outdoor applications utilizing a combination of light sources, including daylight, and devices controlled by software that monitors and manages light levels while optimizing energy consumption.

The...

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