Fortune Brands(FBIN)
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Fortune Brands: Good Growth Prospects And Potential P/E Multiple Re-Rating
Seeking Alpha· 2024-05-07 22:24
monsitj Investment Thesis Fortune Brands Innovations, Inc. (NYSE:FBIN) has good revenue and margin growth prospects. The company's revenue growth should benefit from an increased level of housing completions given the healthy housing start levels in the back half of last year. In addition, the company is also focused on enhancing its product portfolio with consistent innovations within connected offerings like FLO Smart Water Monitor and Shutoffs, Connected sprinklers, and Smart Locks. These offerings are g ...
Should Value Investors Buy Fortune Brands Innovations, Inc. (FBIN) Stock?
Zacks Investment Research· 2024-05-02 14:46
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use tried-and-true metrics and fundamental analysis to find compa ...
Fortune Brands(FBIN) - 2024 Q1 - Earnings Call Transcript
2024-05-01 01:39
Fortune Brands Innovations, Inc. (NYSE:FBIN) Q1 2024 Earnings Conference Call April 30, 2024 5:00 PM ET Good afternoon. My name is Marianne. IÂ'll be your conference operator today. At this time, I would like to welcome everyone to the Fortune Brands First Quarter 2024 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakersÂ' remarks, there will be a question-andanswer session. The company does not undertake any obligation to update or revise any forw ...
Fortune Brands Innovations (FBIN) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Zacks Investment Research· 2024-05-01 00:06
Fortune Brands Innovations (FBIN) reported $1.11 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 6.7%. EPS of $0.83 for the same period compares to $0.69 a year ago.The reported revenue represents a surprise of +2.16% over the Zacks Consensus Estimate of $1.09 billion. With the consensus EPS estimate being $0.76, the EPS surprise was +9.21%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations ...
Fortune Brands(FBIN) - 2024 Q1 - Quarterly Results
2024-04-30 20:05
Exhibit 99.1 Fortune Brands Delivers First Quarter Sales and Margin Results Reflecting Strong Execution; Reaffirms Full Year Guidance Highlights: ● Q1 2024 sales were $1.1 billion, an increase of 7 percent over Q1 2023. Organic sales were $1.0 billion, a decrease of 3 percent versus Q1 2023 ● Q1 2024 earnings per share (EPS) were $0.76, an increase of 13 percent versus a year ago; EPS before charges / gains were $0.83, an increase of 20 percent versus Q1 2023 ● Company reaffirms initial 2024 guidance, with ...
Introducing Yale Approach with Yale Keypad: Yale's First Retrofit Smart Security Solution
Newsfilter· 2024-04-11 13:10
SAN FRANCISCO, April 11, 2024 (GLOBE NEWSWIRE) -- Yale, a leader in smart home security, today announced the launch of the retrofit Yale Approach™ Lock with Wi-Fi and the wireless Yale Keypad. Easy to install on the back of most deadbolts, Yale Approach paired with the Yale Keypad is the ultimate do-it-yourself smart lock system for first-time users or renters who typically cannot change their locks. Both products are available for purchase in the U.S. today at ShopYaleHome.com and August.com, with Amazon a ...
Fortune Brands(FBIN) - 2023 Q4 - Annual Report
2024-02-26 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 30, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to_______ Commission file number 1-35166 Fortune Brands Innovations, Inc. (Exact name of registrant as specified in its charter) (State or Other Jurisdiction of Incorpora ...
House of Rohl® Welcomes New Brands and Expands Luxury Offerings for Endless Design Possibilities at KBIS 2024
Prnewswire· 2024-02-23 14:00
New brand introductions and latest launches reinforce the House of Rohl brand commitment to artistry, curation and a life well-crafted IRVINE, Calif., Feb. 27, 2024 /PRNewswire/ -- This year at KBIS, House of Rohl® is excited to announce the expansion of its brand portfolio and the debut of new luxury plumbing collections that seamlessly blend richness, heritage and design. House of Rohl proudly welcomes the recently acquired brands Emtek® and Schaub, leaders in personalized hardware for cabinets and doors, ...
Fiberon to Share Featured Product Lineup at International Builder's Show
Businesswire· 2024-02-08 17:39
Fiberon has announced its product lineup, including a new color for Wildwood composite cladding, updated customization options for CitySide railing and a collection for Concordia PE composite decking. (Photo: Business Wire)Fiberon has announced its product lineup, including a new color for Wildwood composite cladding, updated customization options for CitySide railing and a collection for Concordia PE composite decking. (Photo: Business Wire)MAUMEE, Ohio--(BUSINESS WIRE)--Fiberon has announced its product l ...
Therma-Tru launches 2024 new products
Businesswire· 2024-02-08 17:00
Therma-Tru has announced its new product lineup for 2024, including updated options for Smooth-Star Shaker-style doors, the innovative Advanta lite frame and more. (Photo: Business Wire)Therma-Tru has announced its new product lineup for 2024, including updated options for Smooth-Star Shaker-style doors, the innovative Advanta lite frame and more. (Photo: Business Wire)MAUMEE, Ohio--(BUSINESS WIRE)--Therma-Tru has announced its new product lineup for 2024, including updated options for Smooth-Star Shaker-st ...