Fortune Brands

Fortune Brands Delivers First Quarter Sales and Margin Results Reflecting Strong Execution; Reaffirms Full Year Guidance

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화요일, 4월 30, 2024

Building Systems, Interior Design, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Forecasting, GAAP, EPS, Fortune Brands

ET, Fortune Brands will host an investor conference call to discuss results.

Key Points:

ET, Fortune Brands will host an investor conference call to discuss results.
A live audio webcast of the conference call will be available on the Fortune Brands website at ir.fbin.com/upcoming-events .
It is recommended that listeners log on at least 10 minutes prior to the start of the call.
A recorded replay of the call will be made available on the Company’s website shortly after the call has ended.

Trident IoT Launches Taurus Z-Wave Series Silicon

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화요일, 4월 30, 2024

Trident, Z-Wave, SRAM, Internet of things, SOC, Silicon, Communication, SDK, Engineering, Fortune Brands, Memory

CARLSBAD, Calif., April 30, 2024 /PRNewswire/ -- Trident IoT, an RF technology and engineering company focused on decreasing time-to-market for connected device manufacturers, today announced the release of the new Taurus Z-Wave Series of silicon solutions.

Key Points:

"The Taurus Series gives global manufacturers access to cutting-edge Z-Wave capabilities," said Trident IoT co-founder Bill Scheffler.
In line with the company's mission to decrease time-to-market for IoT devices, Trident IoT will offer end-to-end engineering consultation for new products integrating Taurus Series silicon.
"Trident IoT was launched in response to a gap in the availability of IoT product design services," says Mariusz Malkowski, Trident IoT CTO and founder.
In the meantime, Trident IoT will issue Taurus Series samples to select partners for initial testing and product development.

Fortune Brands Sets Date for First Quarter Earnings Announcement and Investor Conference Call

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수요일, 4월 10, 2024

Commercial Building & Real Estate, Construction & Property, Other Manufacturing, Manufacturing, Fortune Brands

Fortune Brands Innovations, Inc. (NYSE: FBIN or “Fortune Brands” or the “Company”), an industry-leading innovation company focused on creating smarter, safer and more beautiful homes and improving lives, will release first quarter 2024 financial results after the market close on Tuesday, April 30, 2024.

Key Points:

Fortune Brands Innovations, Inc. (NYSE: FBIN or “Fortune Brands” or the “Company”), an industry-leading innovation company focused on creating smarter, safer and more beautiful homes and improving lives, will release first quarter 2024 financial results after the market close on Tuesday, April 30, 2024.
ET, Chief Executive Officer Nicholas Fink, Chief Financial Officer David Barry, and Vice President of Investor Relations and Corporate Affairs Leigh Avsec, will host a conference call to discuss first quarter 2024 results.
A live internet audio webcast of the conference call will be available on the Fortune Brands website at https://ir.fbin.com/upcoming-events .
A recorded replay of the call will be made available on the Company’s website shortly after the call has ended.

O-I Glass Appoints Gordon Hardie as Chief Executive Officer

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목요일, 4월 4, 2024

PepsiCo, Culture, Glass, Sherwin-Williams, Fortune Brands, Bunge Limited, Aramark, Chairperson, Consumer, Food, Security (finance), Pleasure, Primo Water, Cineworld, Annual general meeting, Management

PERRYSBURG, Ohio, April 04, 2024 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (NYSE: O-I) (the “Company” or “O-I”) today announced that its Board of Directors (the “Board”) has appointed Gordon J. Hardie, current O-I Board member, as the Company’s next Chief Executive Officer, effective the later of May 15, 2024 or the date Gordon is issued his work-authorized U.S. visa. Gordon will also continue as a member of O-I’s Board, where he has served since 2015. He succeeds Andres Lopez, who previously announced his intention to retire.

Key Points:

PERRYSBURG, Ohio, April 04, 2024 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (NYSE: O-I) (the “Company” or “O-I”) today announced that its Board of Directors (the “Board”) has appointed Gordon J. Hardie, current O-I Board member, as the Company’s next Chief Executive Officer, effective the later of May 15, 2024 or the date Gordon is issued his work-authorized U.S. visa.
Gordon is a seasoned executive who brings over 35 years of leadership and operational expertise, including overseeing transformations at global companies to achieve industry-leading positions.
“Gordon is a proven leader with extensive experience in the packaged food and beverage industry, bringing valuable customer perspective.
Eric is an experienced executive having previously served as Chairman, President and Chief Executive Officer of Aramark, a leading global provider of food, facilities and uniform services, until he retired from his roles in 2019.

Fortune Brands Acquires SpringWell; Increases Presence in High-Growth Water Filtration Market and Further Expands Whole Home Water Offering

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목요일, 2월 29, 2024

Building Systems, Manufacturing, Interior Design, Other Manufacturing, Construction & Property, Acquisition, Fortune Brands, Growth, Water softening, Water

SpringWell provides residential whole-home water filtration and water softening solutions via direct-to-consumer channels.

Key Points:

SpringWell provides residential whole-home water filtration and water softening solutions via direct-to-consumer channels.
The addition of SpringWell paves the way for Fortune Brands to invest and capture opportunities in the approximately $4 billion water filtration and water quality U.S. residential market.
SpringWell increases FBIN’s strategic exposure to recurring revenue streams, and SpringWell’s digital and direct marketing expertise augments Fortune Brands’ established digital capabilities.
“This acquisition opens opportunities for Fortune Brands to cross-sell our complementary water management products and positions Fortune Brands to continue to strategically expand our whole home water ecosystem enabled by smart, connected products,” said Fortune Brands Chief Executive Officer Nicholas Fink.

Fortune Brands Delivers Solid 2023 Sales and Margin Performance with Strong Cash Generation; Issues 2024 Guidance; Announces $650 Million Share Repurchase Authorization

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화요일, 1월 30, 2024

Building Systems, Interior Design, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Fortune Brands, Face

Fortune Brands Innovations, Inc. (NYSE: FBIN or “Fortune Brands” or the “Company”), an industry leading innovation company focused on creating smarter, safer and more beautiful homes and lives, today announced fourth quarter and full-year 2023 results.

Key Points:

Fortune Brands Innovations, Inc. (NYSE: FBIN or “Fortune Brands” or the “Company”), an industry leading innovation company focused on creating smarter, safer and more beautiful homes and lives, today announced fourth quarter and full-year 2023 results.
“Our results this year demonstrate our focus on generating sales above the market, preserving margins, and generating cash.
Our teams delivered in the face of a challenging macro environment while also advancing several long-term initiatives and executing on our priorities,” said Fortune Brands Chief Executive Officer Nicholas Fink.
These actions combined with our focus on the parts of the market with long-term outsized growth opportunities, give me confidence in our ability to perform in 2024 – and beyond.”

Fortune Brands Sets Date for Fourth Quarter and Full-Year 2023 Earnings Announcement and Investor Conference Call

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수요일, 1월 10, 2024

Other Construction & Property, Residential Building & Real Estate, Manufacturing, Commercial Building & Real Estate, Construction & Property, Building Systems, Other Manufacturing, Fortune Brands

Fortune Brands Innovations, Inc. (NYSE: FBIN or “Fortune Brands” or the “Company”), an industry-leading home, security and commercial building products company, will release fourth quarter and full-year 2023 financial results after the market close on Tuesday, January 30, 2024.

Key Points:

Fortune Brands Innovations, Inc. (NYSE: FBIN or “Fortune Brands” or the “Company”), an industry-leading home, security and commercial building products company, will release fourth quarter and full-year 2023 financial results after the market close on Tuesday, January 30, 2024.
ET, Chief Executive Officer Nicholas Fink, Chief Financial Officer David Barry, and Vice President of Investor Relations and Corporate Affairs Leigh Avsec, will host a conference call to discuss fourth quarter and full-year 2023 results.
A live internet audio webcast of the conference call will be available on the Fortune Brands website at https://ir.fbin.com/upcoming-events .
A recorded replay of the call will be made available on the Company’s website shortly after the call has ended.

Fortune Brands Named to Newsweek’s America’s Most Responsible Companies 2024 List

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목요일, 12월 14, 2023

Fortune Brands Innovations, Inc. (NYSE: FBIN or “Fortune Brands” or the “Company”), an industry-leading home, security and commercial building products company, today announced that it has been named to Newsweek’s list of America’s Most Responsible Companies 2024.

Key Points:

Fortune Brands Innovations, Inc. (NYSE: FBIN or “Fortune Brands” or the “Company”), an industry-leading home, security and commercial building products company, today announced that it has been named to Newsweek’s list of America’s Most Responsible Companies 2024.
View the full release here: https://www.businesswire.com/news/home/20231214761171/en/
Fortune Brands has been named to the list for five consecutive years.
(Photo: Business Wire)
“Fortune Brands is proud to once again be listed on Newsweek’s America’s Most Responsible Companies list.
The final list recognizes the top 600 most responsible companies in the United States, spanning 14 industries.

Vince Holding Corp. Announces New Chief Financial Officer

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수요일, 11월 29, 2023

Retail, Footwear, Luxury, Fashion, NYSE, Fortune Brands, Interim, CFO, Ten Lifestyle Group, Supply chain, MeadWestvaco, Fordham University, Ralph Lauren Corporation, Carroll School of Management, Management, Treasury, WestRock, Vince

Vince Holding Corp. (NYSE: VNCE) (“VNCE” or the “Company”), a global contemporary retailer, today announced the appointment of John Szczepanski as Chief Financial Officer, effective January 2, 2024.

Key Points:

Vince Holding Corp. (NYSE: VNCE) (“VNCE” or the “Company”), a global contemporary retailer, today announced the appointment of John Szczepanski as Chief Financial Officer, effective January 2, 2024.
Jack Schwefel, Chief Executive Officer of VNCE, said, “With over 20 years of experience in various corporate finance and supply chain leadership roles, John will be a tremendous asset to our leadership team.
I look forward to working closely with John as we continue to progress our transformation program and position Vince for long-term success.”
Mr. Schwefel continued, “In addition, I want to thank Michael for his support over the past few months and for his ongoing work to ensure a smooth transition.
We wish him all the best in his future endeavors.”
Mr. Szczepanski has over 20 years of experience as a finance professional with the majority of his career spent at Ralph Lauren Corporation (“Ralph Lauren”).

Wingstop Names Chris Fallon Chief Information Officer

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목요일, 12월 14, 2023

Starbucks, Growth, Fortune Brands, CPG, House, SVP, Management, Q3, Rohl

DALLAS, Dec. 14, 2023 /PRNewswire/ -- Wingstop (NASDAQ: WING) named Chris Fallon as SVP, Chief Information Officer today, charged with leading the brand's enterprise and restaurant technology solutions, IT infrastructure and information security.

Key Points:

DALLAS, Dec. 14, 2023 /PRNewswire/ -- Wingstop (NASDAQ: WING) named Chris Fallon as SVP, Chief Information Officer today, charged with leading the brand's enterprise and restaurant technology solutions, IT infrastructure and information security.
Most recently, Chris served as Chief Information Officer at Fortune Brands Water Innovations, overseeing the Moen and House of Rohl businesses.
Chris joins Wingstop on the heels of Q3 earnings, reporting 66.9% digital sales, and a system-wide sales increase of 26.5%.
"Wingstop is supercharged for growth, and I'm excited to join at such a dynamic time for the brand," said Fallon.