Acuity Brands, Inc. (NYSE:AYI)
CAPS Rating:
A holding company that owns and manages two businesses that serve two distinctive markets - lighting equipment and specialty products.
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A holding company that owns and manages two businesses that serve two distinctive markets - lighting equipment and specialty products.
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Great run on this stock. Retail business weighted heavily on one major Home Center account. How many times can you raise prices citing fuel cost increases/raw materials/transporation? New Housing starts have boomed over the past few years however in 07 they will be down significantly. Big part of the volume is in commodity units..........Big accounts can source as good or even better than AYI. Specialty unit struggling.............20% drop in 07