Earnings summaries and quarterly performance for Fortune Brands Innovations.
Executive leadership at Fortune Brands Innovations.
Board of directors at Fortune Brands Innovations.
Research analysts who have asked questions during Fortune Brands Innovations earnings calls.
John Lovallo
UBS Group AG
4 questions for FBIN
Matthew Bouley
Barclays PLC
3 questions for FBIN
Susan Maklari
Goldman Sachs Group Inc.
3 questions for FBIN
Adam Baumgarten
Zelman & Associates
2 questions for FBIN
Michael Rehaut
JPMorgan Chase & Co.
2 questions for FBIN
Philip Ng
Jefferies
2 questions for FBIN
Trevor Allinson
Wolfe Research, LLC
2 questions for FBIN
Aatish Shah
Evercore ISI
1 question for FBIN
McClaran Hayes
Zelman Partners LLC
1 question for FBIN
Michael Dahl
RBC Capital Markets
1 question for FBIN
Mike Dahl
RBC Capital Markets
1 question for FBIN
Stephen Kim
Evercore ISI
1 question for FBIN
Recent press releases and 8-K filings for FBIN.
- Fortune Brands Innovations reported Q3 2025 sales of $1.1 billion, which were roughly flat versus the same quarter of 2024, and EPS of $1.09.
- The company continued to outperform its end market, with sales (excluding China) increasing by 1% and point of sale outperforming the market by almost 200 basis points.
- Consolidated operating income for Q3 2025 was $206 million, down 5% compared to the prior year, resulting in an operating margin of 17.9%.
- For the full year 2025, the company is narrowing its EPS guidance to the low end of its prior range and expects free cash flow between $400 million and $420 million.
- Looking ahead to 2026, the company's base planning assumption is for a flat market overall, but it anticipates its sales will outperform this estimate.
- Fortune Brands Innovations reported Q3 2025 sales of approximately $1.1 billion, which were roughly flat year-over-year, or up 1% excluding China. The company achieved margins of 17.9% and earnings per share of $1.09.
- The company's digital portfolio is on track to reach $300 million in annualized sales by the end of 2025 and is projected to grow to $1 billion by 2030.
- Management noted an uneven macroeconomic environment with cautious consumer sentiment, but a stable demand profile and "green shoots" heading into 2026, supported by recent Federal Reserve rate cuts.
- FBIN expects to fully offset the anticipated dollar impact of tariffs in 2025 and 2026 through supply chain actions, cost-out opportunities, and strategic pricing, with 2025 tariff pricing largely complete and no further "second round" expected.
- Fortune Brands Innovations reported Q3 2025 sales of $1.1 billion, roughly flat year-over-year, and earnings per share (EPS) of $1.09. Excluding China, sales increased 1%.
- The company narrowed its full-year 2025 EPS guidance, expecting to finish near the low end of its prior range, and updated its full-year free cash flow guidance to $400 million to $420 million.
- In Q3 2025, the Water segment's sales were $619 million, down 3%, while the Security segment's sales increased 5% to $186 million. The digital portfolio is on track to approach $300 million in annualized sales by the end of 2025.
- FBIN anticipates fully offsetting the estimated $80 million tariff impact in 2025 and the low $200 million range (annualized) in 2026 through supply chain actions, cost-out opportunities, and strategic pricing.
- For Q4 2025, the company expects year-over-year sales growth and market outperformance, and for 2026, it plans for a flat market overall but expects to outperform.
- Fortune Brands Innovations reported Q3 2025 sales of $1.1 billion, which were roughly flat compared to Q3 2024, though sales excluding the impact of China increased by 1 percent.
- GAAP EPS for Q3 2025 was $0.59, a 46 percent decrease from the prior year, while non-GAAP EPS before charges/gains was $1.09, down 6 percent.
- The company generated $204.4 million in operating cash flow and $177.0 million in free cash flow during Q3 2025.
- Fortune Brands Innovations updated its full-year 2025 guidance for EPS before charges/gains to a range of $3.70 to $3.80 and revised its free cash flow guidance to around $400 million to $420 million.
- As of the end of Q3 2025, the net debt to EBITDA before charges/gains ratio stood at 2.7x.
- Fortune Brands Innovations reported Q3 2025 sales of $1.1 billion, which were roughly flat compared to Q3 2024, though sales excluding the impact of China increased by 1 percent.
- Q3 2025 GAAP earnings per share (EPS) decreased by 46 percent to $0.59, while EPS before charges/gains decreased by 6 percent to $1.09 compared to the prior year.
- The company updated its full-year 2025 guidance for EPS before charges/gains to $3.70 to $3.80 and lowered its outlook for cash flow from operations to around $530 million to $540 million and free cash flow to around $400 million to $420 million.
- As of the end of Q3 2025, Fortune Brands Innovations maintained a strong balance sheet with $2.4 billion in net debt and a net debt to EBITDA before charges/gains ratio of 2.7x.
- Q1 Performance: Reported $1 billion in net sales, $136 million in operating income, with GAAP EPS of $0.42 and non-GAAP EPS of $0.66, despite a 7% decline in net sales year-over-year
- Tariff Mitigation: Anticipates a $200 million impact for 2025 (annualized $525 million) to be fully offset by supply chain moves, pricing improvements, and cost reductions
- Guidance Outlook: Offering full-year EPS guidance of $3.70 to $4.20 based on volume scenarios, reflecting proactive management of tariff and demand challenges
- Shareholder Returns: Delivered over $200 million in returns via share repurchases and dividends, including $175 million in Q1 repurchases and $225 million year-to-date
- Operational Efficiency: Advancing headquarters consolidation to enhance operational efficiency
- Jonathan Baksht has been appointed as Executive Vice President and Chief Financial Officer, effective May 5, 2025.
- The company will release its Q1 2025 financial results after market close on May 6, 2025, followed by an investor conference call.
- Baksht brings extensive CFO experience from his previous roles at Pactiv Evergreen and Valaris, positioning him to drive the company’s financial strategy.
- Fortune Brands Innovations reported Q4 2024 net sales of $1.1 billion, a 5% decrease year-over-year, and full-year 2024 net sales of $4.6 billion, which were flat compared to 2023. Q4 2024 EPS was $0.98, up 3% from Q4 2023, while full-year 2024 EPS reached $4.12, a 5% increase over 2023.
- The company generated $475 million in free cash flow for the full year 2024, representing over 100% cash conversion of net income, and its Board of Directors approved a new $1 billion share repurchase authorization.
- For fiscal year 2025, Fortune Brands Innovations anticipates full-year net sales to be flat to up 3% and expects EPS in the range of $4.15 to $4.45, with free cash flow conversion projected at 115%-125% of net income, implying $580 million-$620 million.
- The company is consolidating its regional offices into a new campus headquarters in Deerfield, Illinois, and has simplified its leadership structure, including the appointment of Dave Barry as President of Security and Connected Products.
- Fortune Brands Innovations reported Q4 2024 net sales of $1.1 billion, a 5% decrease year-over-year, and full-year 2024 net sales of $4.6 billion, flat compared to 2023.
- Full-year 2024 EPS was $4.12, up 5% over 2023, and free cash flow was $475 million, representing over 100% cash conversion of net income.
- The company announced a new $1 billion share repurchase authorization and will move its regional offices into a new campus headquarters in Deerfield, Illinois, starting in summer 2025.
- Digital sales reached $214 million in 2024, with the Flo business experiencing significant growth and the total digital business having 4.7 million users by year-end.
- For 2025, the company is targeting free cash flow generation of 115% to 125% of net income, aiming for approximately $600 million.
- Q4 Financial Performance: Net sales of $1.1 billion (down 5%), operating margins between 16.1% and 16.4% , with EPS at $0.98 (up 3%) .
- Full-Year 2024 Highlights: Net sales flat at $4.6 billion, EPS increased to $4.12, and free cash flow reached approximately $475 million .
- Share Repurchase: The Board approved a new $1 billion share repurchase authorization .
- Cash Flow Strength: Delivered strong operating and free cash flow performance for both Q4 and full-year 2024 .
- Strategic Initiatives & Outlook: Emphasizing portfolio optimization, digital transformation (e.g., the Flo platform), plans for a new headquarters, and streamlined leadership to drive growth in 2025 .
Quarterly earnings call transcripts for Fortune Brands Innovations.
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more