Although improved housing market conditions, increasing consumer confidence on the back of expectations of series rate cuts and moderating inflation are encouraging, the Fed’s decision of holding interest rates steady and consumer’s cautious approach are concerns for the Zacks Retail-Home Furnishings industry players. Continued investments in e-commerce and higher raw material costs in the home furnishing market are added headwinds. However, consumers’ increasing desire for shopping, efficient cost manageme ...

Iconic brands to be showcased together at 2024 International Builder’s ShowFor the first time, Therma-Tru, Larson, Fiberon, Fypon and Solar Innovations will be on display together, providing an experience unlike what the industry has seen from these brands previously. (Photo: Business Wire)For the first time, Therma-Tru, Larson, Fiberon, Fypon and Solar Innovations will be on display together, providing an experience unlike what the industry has seen from these brands previously. (Photo: Business Wire)MAUME ...

Fortune Brands Innovations, Inc. (FBIN) reported mixed results for fourth-quarter 2023, with earnings beating the Zacks Consensus Estimate and net sales missing the same. On a year-over-year basis, net sales increased, but earnings declined.Despite a challenging macro environment, the company's teams successfully delivered, progressed long-term initiatives and executed on priorities. The company's results this year highlight its focus on surpassing market sales, maintaining margins and generating cash.In th ...

Have you been paying attention to shares of Fortune Brands Innovations (FBIN) ? Shares have been on the move with the stock up 7% over the past month. The stock hit a new 52-week high of $80.91 in the previous session. Fortune Brands Innovations has gained 6.1% since the start of the year compared to the 29.7% move for the Zacks Retail-Wholesale sector and the 52.2% return for the Zacks Retail - Home Furnishings industry.What's Driving the Outperformance?The stock has a great record of positive earnings sur ...

Fortune Brands Innovations, Inc. (NYSE:FBIN) Q4 2023 Earnings Conference Call January 30, 2024 5:00 PM ET Company Participants Leigh Avsec - VP of IR & Corporate Affairs Nicholas Fink - CEO David Barry - EVP and CFO Conference Call Participants Susan Maklari - Goldman Sachs Truman Patterson - Wolfe Research Matthew Bouley - Barclays Philip Ng - Jefferies John Lovallo - UBS Adam Baumgarten - Zelman & Associates Stephen Kim - Evercore ISI Operator Good afternoon. My name is Paul and I will be your conference ...

For the quarter ended December 2023, Fortune Brands Innovations (FBIN) reported revenue of $1.16 billion, up 2.6% over the same period last year. EPS came in at $0.95, compared to $1.07 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.18 billion, representing a surprise of -1.85%. The company delivered an EPS surprise of +2.15%, with the consensus EPS estimate being $0.93.While investors closely watch year-over-year changes in headline numbers -- revenue and earnin ...

Fortune Brands Innovations (FBIN) came out with quarterly earnings of $0.95 per share, beating the Zacks Consensus Estimate of $0.93 per share. This compares to earnings of $1.07 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.15%. A quarter ago, it was expected that this maker of products for the home, like faucets, cabinets, windows and doors would post earnings of $1.07 per share when it actually produced earnings of $1.1 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ 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 incorporati ...

Fortune Brands Innovations, Inc. (NYSE:FBIN) Q3 2023 Earnings Conference Call October 25, 2023 5:00 PM ET Company Participants Leigh Avsec - Vice President of Investor Relations & Corporate Affairs Nicholas Fink - Chief Executive Officer Patrick Hallinan - Senior Vice President & Chief Financial Officer David Barry - Executive Vice President & Chief Financial Officer Conference Call Participants Matthew Bouley - Barclays John Lovallo - UBS Stephen Kim - Evercore ISI Michael Rehaut - JPMorgan Adam Baumgarten ...

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 31, 2022 ☐ 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 ...