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Fortune Brands Innovations Q2 2023 Earnings Report

Fortune Brands Innovations logo
$69.67 +1.11 (+1.62%)
(As of 12/20/2024 05:31 PM ET)

Fortune Brands Innovations EPS Results

Actual EPS
$1.07
Consensus EPS
$1.01
Beat/Miss
Beat by +$0.06
One Year Ago EPS
$1.67

Fortune Brands Innovations Revenue Results

Actual Revenue
$1.16 billion
Expected Revenue
$1.17 billion
Beat/Miss
Missed by -$5.02 million
YoY Revenue Growth
-7.30%

Fortune Brands Innovations Announcement Details

Quarter
Q2 2023
Time
After Market Closes

Conference Call Resources

Conference Call Audio

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Fortune Brands Innovations Earnings Headlines

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Fortune Brands Innovations boosts dividend to 25c per share
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About Fortune Brands Innovations

Fortune Brands Innovations (NYSE:FBIN) provides home and security products for residential home repair, remodeling, new construction, and security applications in the United States and internationally. The company operates through three segments: Water, Outdoors, and Security. The Water segment manufactures or assembles, and sells faucets, accessories, kitchen sinks, and waste disposals under the Moen, ROHL, Riobel, Victoria+Albert, Perrin & Rowe, Aqualisa, Shaws, Emtek, and Schaub brands. The Outdoors segment manufactures and sells fiberglass and steel entry door systems under the Therma-Tru brand; storm, screen, and security doors under the Larson brand; composite decking, railing, and cladding under the Fiberon brand; and urethane millwork under the Fypon brand. The Security segment manufactures, sources, and distributes locks, safety and security devices, and electronic security products under the Master Lock, American Lock, Yale, and August brands; and fire-resistant safes, security containers, and commercial cabinets under the SentrySafe brand. The company sells its products through various sales channels, including kitchen and bath dealers, wholesalers oriented toward builders or professional remodelers, industrial and locksmith distributors, do-it-yourself remodeling-oriented home centers, showrooms, e-commerce, and other retail outlets. Fortune Brands Innovations, Inc. was incorporated in 1988 and is headquartered in Deerfield, Illinois.

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