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Fortune Brands Innovations (FBIN)

Earnings summaries and quarterly performance for Fortune Brands Innovations.

Recent press releases and 8-K filings for FBIN.

Fortune Brands Innovations Reports Q3 2025 Results and Updates Full-Year Guidance
FBIN
Guidance Update
Earnings
Demand Weakening
  • 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.
Oct 30, 2025, 9:00 PM
FBIN Reports Q3 2025 Results and Digital Portfolio Growth
FBIN
Earnings
Guidance Update
Demand Weakening
  • 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.
Oct 30, 2025, 9:00 PM
Fortune Brands Innovations Reports Q3 2025 Results and Updates Full-Year Guidance
FBIN
Earnings
Guidance Update
Revenue Acceleration/Inflection
  • 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.
Oct 30, 2025, 9:00 PM
Fortune Brands Innovations Announces Q3 2025 Results and Updates Full-Year Guidance
FBIN
Earnings
Guidance Update
Demand Weakening
  • 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.
Oct 30, 2025, 8:12 PM
Fortune Brands Innovations Announces Q3 2025 Results and Updates Full-Year Guidance
FBIN
Earnings
Guidance Update
Demand Weakening
  • 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.
Oct 30, 2025, 8:05 PM
Fortune Brands Innovations Q1 2025 Earnings & Results Summary
FBIN
Earnings
Guidance Update
Share Buyback
  • 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
May 6, 2025, 9:01 PM
Fortune Brands Names New CFO and Sets Q1 Earnings Call
FBIN
CFO Change
Earnings
Management Change
  • 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.
Apr 3, 2025, 12:00 AM
FBIN Reports Q4 and Full-Year 2024 Results, Issues 2025 Guidance, and Announces Share Repurchase Authorization
FBIN
Earnings
Guidance Update
Share Buyback
  • 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.
Feb 6, 2025, 10:00 PM
Fortune Brands Innovations Reports Q4 and Full-Year 2024 Results, Announces Share Repurchase and New Headquarters
FBIN
Earnings
Share Buyback
New Projects/Investments
  • 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.
Feb 6, 2025, 10:00 PM
Fortune Brands Q4 & Full-Year 2024 Performance, Share Repurchase & Strategic Update
FBIN
Earnings
Share Buyback
Guidance Update
  • 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 .
Feb 6, 2025, 12:00 AM

Quarterly earnings call transcripts for Fortune Brands Innovations.