Acuity Brands, Inc. (AYI) CEO Neil Ashe on Q1 2021 Results - Earnings Call Transcript

Jan. 07, 2021 3:42 PM ETAcuity Inc. (AYI) StockAYI
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Q1: 2021-01-07 Earnings Summary

EPS of $2.03 beats by $0.17
 | Revenue of $792.00M (-5.12% Y/Y) beats by $1.69M

Acuity Brands, Inc. (NYSE:AYI) Q1 2021 Earnings Conference Call January 7, 2021 10:00 AM ET

Company Participants

Pete Shannin - Vice President, Investor Relations, Corporate Development
Neil Ashe - Chairman, President & Chief Executive Officer
Karen Holcom - Senior Vice President & Chief Financial Officer
Richard Reece - Executive Vice President & President of Acuity Brands Lighting

Conference Call Participants

Tim Wojs - Baird
Chris Snyder - UBS
John Walsh - Credit Suisse
Christopher Glynn - Oppenheimer

Operator

Good morning and welcome to the Acuity Brands Fiscal 2021 First Quarter Results Conference Call. After today's presentation, there will be a formal question-and-answer session. At that time, directions will be given on how to ask a question. Today's conference is being recorded at the request of the company. If you have any objections, you may disconnect at this time.

Now I would like to introduce Mr. Pete Shannin, Vice President, Investor Relations and Corporate Development of Acuity Brands.

Pete Shannin

Good morning. With me today to discuss our fiscal 2021 first quarter results are Neil Ashe, our Chairman, President and Chief Executive Officer; Karen Holcom, our Senior Vice President and Chief Financial Officer; and Ricky Reece, our Executive Vice President and President of Acuity Brands Lighting. We are webcasting today's conference call at acuitybrands.com.

During this call, we will also discuss certain non-GAAP financial measures. Reconciliations to the comparable GAAP financial measures can be found in our first quarter press release. I would like to remind everyone that during this call we may make projections or forward-looking statements regarding future events or future financial performance of the company. Such statements involve risks and uncertainties, such that actual results may differ materially. Further, forward-looking statements speak only as of the day they are made, and we undertake no obligation to update publicly any of these statements concerning new information or

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