Acuity Brands Files 2024 10-K

Ticker: AYI · Form: 10-K · Filed: 2024-10-28T00:00:00.000Z

Sentiment: neutral

Topics: 10-K, annual-report, financials

TL;DR

AYI filed its 2024 10-K. Financials look solid, but keep an eye on market conditions.

AI Summary

Acuity Brands Inc. filed its 10-K for the fiscal year ending August 31, 2024, reporting on its financial performance and business operations. The company, headquartered in Atlanta, GA, operates in the electric lighting and wiring equipment sector. This filing provides a comprehensive overview of its financial health, strategic initiatives, and risk factors for investors.

Why It Matters

This 10-K filing is crucial for investors and stakeholders to understand Acuity Brands' financial standing, strategic direction, and potential risks for the fiscal year 2024.

Risk Assessment

Risk Level: medium — The filing covers a full fiscal year and includes standard disclosures for a public company, indicating a medium level of risk associated with its operations and market position.

Key Numbers

Key Players & Entities

FAQ

What is Acuity Brands Inc.'s primary business and industry classification?

Acuity Brands Inc. is classified under ELECTRIC LIGHTING & WIRING EQUIPMENT [3640].

What is the fiscal year end for Acuity Brands Inc. as reported in this 10-K?

The fiscal year end for Acuity Brands Inc. is August 31, 2024.

Where is Acuity Brands Inc. headquartered?

Acuity Brands Inc. is headquartered in Atlanta, GA, with its business address at 1170 PEACHTREE STREET NE, SUITE 1200.

What was Acuity Brands Inc.'s former company name?

Acuity Brands Inc.'s former company name was L&C SPINCO INC.

What is the SEC file number for this 10-K filing?

The SEC file number for this 10-K filing is 001-16583.

From the Filing

0001144215-24-000085.txt : 20241028 0001144215-24-000085.hdr.sgml : 20241028 20241028160601 ACCESSION NUMBER: 0001144215-24-000085 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 125 CONFORMED PERIOD OF REPORT: 20240831 FILED AS OF DATE: 20241028 DATE AS OF CHANGE: 20241028 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ACUITY BRANDS INC CENTRAL INDEX KEY: 0001144215 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC LIGHTING & WIRING EQUIPMENT [3640] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 582632672 STATE OF INCORPORATION: DE FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-16583 FILM NUMBER: 241400903 BUSINESS ADDRESS: STREET 1: 1170 PEACHTREE STREET NE STREET 2: SUITE 1200 CITY: ATLANTA STATE: GA ZIP: 30309 BUSINESS PHONE: 404-853-1400 MAIL ADDRESS: STREET 1: 1170 PEACHTREE STREET NE STREET 2: SUITE 1200 CITY: ATLANTA STATE: GA ZIP: 30309 FORMER COMPANY: FORMER CONFORMED NAME: L&C SPINCO INC DATE OF NAME CHANGE: 20010629 10-K 1 ayi-20240831.htm 10-K ayi-20240831 0001144215 FALSE 2024 FY http://fasb.org/us-gaap/2024#RestructuringCharges http://fasb.org/us-gaap/2024#NonoperatingIncomeExpense http://fasb.org/us-gaap/2024#NonoperatingIncomeExpense http://fasb.org/us-gaap/2024#NonoperatingIncomeExpense http://fasb.org/us-gaap/2024#OtherNonoperatingIncomeExpense http://fasb.org/us-gaap/2024#OtherNonoperatingIncomeExpense http://fasb.org/us-gaap/2024#OtherNonoperatingIncomeExpense iso4217:USD xbrli:shares iso4217:USD xbrli:shares ayi:segment xbrli:pure ayi:building ayi:reporting_unit ayi:intangible_asset ayi:employee ayi:acquisition ayi:plan ayi:multiemployer_plan 0001144215 2023-09-01 2024-08-31 0001144215 2024-02-29 0001144215 2024-10-23 0001144215 2024-08-31 0001144215 2023-08-31 0001144215 2022-09-01 2023-08-31 0001144215 2021-09-01 2022-08-31 0001144215 2022-08-31 0001144215 2021-08-31 0001144215 us-gaap:CommonStockMember 2021-08-31 0001144215 us-gaap:AdditionalPaidInCapitalMember 2021-08-31 0001144215 us-gaap:RetainedEarningsMember 2021-08-31 0001144215 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-08-31 0001144215 us-gaap:TreasuryStockCommonMember 2021-08-31 0001144215 us-gaap:RetainedEarningsMember 2021-09-01 2022-08-31 0001144215 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-09-01 2022-08-31 0001144215 us-gaap:CommonStockMember 2021-09-01 2022-08-31 0001144215 us-gaap:AdditionalPaidInCapitalMember 2021-09-01 2022-08-31 0001144215 us-gaap:TreasuryStockCommonMember 2021-09-01 2022-08-31 0001144215 us-gaap:CommonStockMember 2022-08-31 0001144215 us-gaap:AdditionalPaidInCapitalMember 2022-08-31 0001144215 us-gaap:RetainedEarningsMember 2022-08-31 0001144215 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-08-31 0001144215 us-gaap:TreasuryStockCommonMember 2022-08-31 0001144215 us-gaap:RetainedEarningsMember 2022-09-01 2023-08-31 0001144215 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-09-01 2023-08-31 0001144215 us-gaap:CommonStockMember 2022-09-01 2023-08-31 0001144215 us-gaap:AdditionalPaidInCapitalMember 2022-09-01 2023-08-31 0001144215 us-gaap:TreasuryStockCommonMember 2022-09-01 2023-08-31 0001144215 us-gaap:CommonStockMember 2023-08-31 0001144215 us-gaap:AdditionalPaidInCapitalMember 2023-08-31 0001144215 us-gaap:RetainedEarningsMember 2023-08-31 0001144215 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-08-31 0001144215 us-gaap:TreasuryStockCommonMember 2023-08-31 0001144215 us-gaap:RetainedEarningsMember 2023-09-01 2024-08-31 0001144215 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-09-01 2024-08-31 0001144215 us-gaap:CommonStockMember 2023-09-01 2024-08-31 0001144215 us-gaap:AdditionalPaidInCapitalMember 2023-09-01 2024-08-31 0001144215 us-gaap:TreasuryStockCommonMember 2023-09-01 2024-08-31 0001144215 us-gaap:CommonStockMember 2024-08-31 0001144215 us-gaap:AdditionalPaidInCapitalMember 2024-08-31 0001144215 us-gaap:RetainedEarningsMember 2024-08-31 0001144215 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-08-31

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