Fortune Brands Innovations Inc

Fortune Brands Innovations, Inc. manufactures and supplies home and security products and services. The company operates through the following segments: Cabinets, Plumbing, Outdoors & Security. The Cabinets segment manufactures custom, semi-custom, and stock cabinetry, as well as vanities, for the kitchen and bath. The Plumbing segment includes faucets, accessories, and kitchen sinks. The Outdoors & Security segment consists of fiberglass and steel entry door systems. The Security segment offers locks, safety and security devices, and electronic security products manufactured, sourced, and distributed under the Master Lock brand. Its brands include Master Lock security products, Masterbrand cabinets, Moen faucets, Simonton windows, and Therma-Tru entry door systems. The company was founded on June 9, 1988, and is headquartered in Deerfield, IL.

Earnings data Q4 2022

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Fortune Brands Innovations reports solid Q4 performance amidst market challenges

Fortune Brands Innovations showcased resilience in its financial performance despite market challenges, with a focus on margin preservation, cash generation, and strategic investments. The company's pricing strategy aims to enhance margins for channel partners while delivering value and innovation for consumers. Anticipated sales declines in the first half of 2023 are expected to be offset by improved operating margins in the second half.

Fortune Brands Innovations Inc reports Q1 performance decline and strategic growth focus

FBIN's Q1 performance saw a decline in sales and operating income, impacted by market challenges and proactive cost adjustments. Despite short-term impacts, the company remains confident in long-term growth potential and margin progression.
The company's strategic investments in material science and capacity aim to capture growth in the materials conversion business. FBIN's strong balance sheet, pricing strategy, and channel inventory management are key strengths.
Challenges include market impacts on sales, lower-than-expected margins in certain segments, and supply chain issues. Opportunities lie in long-term growth prospects, strategic positioning, and capital allocation strategies.

Fortune Brands reports Q2 earnings decline but projects growth

Fortune Brands Innovations Inc reported mixed sales performance across segments, with a decline in net sales but strong margins. The recent acquisition is expected to enhance the company's luxury portfolio and drive innovation. Revised guidance reflects confidence in earnings per share and operating margins for the full year.
The company's balance sheet remains strong, with a focus on synergies, innovation, and pricing strategies. Despite challenges in certain segments, opportunities exist for growth through acquisitions, market expansion, and e-commerce. The company's strategic focus on the Pro market and consumer trends positions it well for future success.

FBIN reports solid Q3 performance, eyes growth in smart water

FBIN's Q3 performance showed sales growth and margin improvement, with a focus on outpacing the market.
Challenges in housing market and margin outlook adjustments noted, with opportunities in smart water products highlighted.
Company anticipates growth in 2024 through internal actions, cost comps, and pricing strategies.
FBIN aims to drive margin expansion and earnings growth, focusing on sustainable growth in key segments.

Fortune Brands Innovations Inc reports solid Q4 performance and growth opportunities

FBIN's Q4 2023 showcased solid sales and margin results, with a focus on long-term growth and cash generation. Key segments like Water Innovations, Outdoors, and Security demonstrated above-market performance.
The company's emphasis on growth areas and pricing strategies align with consumer trends and premium positioning. Challenges include organic sales decline and potential margin fluctuations from acquisitions.
Opportunities lie in capturing growth from younger consumers, R&R activity lift, and sequential sales improvement. Effective cash flow management and capital deployment strategies strengthen FBIN's financial position.

Fortune Brands Innovations Inc reports strong Q1 results and eyes market expansion through digital innovation

FBIN's Q1 performance reflects operational strength and strategic focus on growth segments and digital innovation, positioning the company for continued success.
While facing challenges in consumer behavior and market uncertainties, FBIN remains optimistic about its trajectory and opportunities for expansion and profitability.
With a strong financial foundation, positive outlook, and focus on market trends, FBIN is poised to capitalize on opportunities in the housing market and digital transformation.

Fortune Brands Innovations reports robust Q2 performance and digital growth

Fortune Brands Innovations Inc delivered a strong Q2 performance with notable sales and margin improvements, driven by a focus on digital growth and operational efficiency.
While facing challenges in China sales and external market conditions, the company remains optimistic about future growth opportunities and is prepared to navigate potential risks.
Confidence in hitting margin guidance, coupled with a strategic focus on digital innovation and cost management, positions the company well for sustained success.
Adaptability, resilience, and growth in key business segments underscore Fortune Brands Innovations' strategic approach to driving performance and seizing opportunities.

Fortune Brands reports Q3 earnings decline but strengthens digital portfolio

Fortune Brands Innovations Inc navigated a challenging quarter with a decline in net sales but improved operating margin. The company's digital segment showed strong growth, while efforts to combat competitive products and manage market conditions in China are underway. With a strategic focus on core growth and digital offerings, Fortune Brands is preparing for future opportunities.

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Fortune Brands Innovations, Inc. is an innovation and channel leader focused on supercharged categories in the home products, security, and commercial building markets. Its brands include Moen, House of Rohl, Aqualisa, Emtek, Therma-Tru, Larson, Fiberon, Master Lock, SentrySafe, Yale and August. The company was founded on June 9, 1988 and is headquartered in Deerfield, IL.

THE EXPANSION OF SMART WATER TECHNOLOGY TO THE YARD ALLOWS HOMEOWNERS TO NOW CONTROL AND CONSERVE WATER IN THE AREAS THEY USE IT MOST NORTH OLMSTED, Ohio , Jan. 3, 2023 /PRNewswire/ -- Moen is connecting homeowners to the water flowing inside and outside of their homes like never before with an expansion of its award-winning smart water technology to the area of the home where homeowners use the most water ­– the yard*. The Moen® Smart Water Network already allows homeowners to monitor and control the water inside of their home with several smart water innovations, and now, with the addition of Moen's Smart Sprinkler Controller and compatible Smart Wireless Soil Sensors, they can easily connect their lawn irrigation system to monitor their water for more control, automation and conservation.

From a Smart Home to a Smart Yard: Moen Expands the Industry's First Whole-Home Connected Water Product Suite to the Outdoors

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DEERFIELD, Ill.--( BUSINESS WIRE )--Fortune Brands Innovations, Inc. (NYSE: FBIN or “Fortune Brands” or the “Company”), an industry-leading home, security and commercial building products company, announced it successfully completed the previously announced spin-off of its Cabinets business, MasterBrand, Inc. (“MasterBrand”), creating two independent, publicly traded companies. In addition, the Company's previously announced name change to Fortune Brands Innovations, Inc. and stock ticker change to FBIN became effective.

Fortune Brands Completes Separation of MasterBrand

News for Fortune Brands Innovations Inc Stock (FBIN)