FORTUNE BRANDS INNOVATIONS, INC.


Associated tags: House, Sentry Group, ESG, Master Lock, Construction & Property, Building Systems, Fortune Brands, NYSE, Residential Building & Real Estate, Commercial Building & Real Estate, Other Manufacturing, Manufacturing, Retail, Home Goods, Other Construction & Property

Locations: UNITED STATES, NORTH AMERICA, ILLINOIS

Fortune Brands Declares Quarterly Dividend

Retrieved on: 
Tuesday, May 7, 2024

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, today announced that its Board of Directors declared a quarterly cash dividend of $0.24 per common share on May 6, 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, today announced that its Board of Directors declared a quarterly cash dividend of $0.24 per common share on May 6, 2024.
  • The dividend is payable on June 12, 2024, to stockholders of record as of the close of business on May 24, 2024.

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

Retrieved on: 
Tuesday, April 30, 2024

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.

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

Retrieved on: 
Wednesday, April 10, 2024

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.

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

Retrieved on: 
Thursday, February 29, 2024

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

Retrieved on: 
Tuesday, January 30, 2024

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

Retrieved on: 
Wednesday, January 10, 2024

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

Retrieved on: 
Thursday, December 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.

Fortune Brands Increases Quarterly Dividend

Retrieved on: 
Tuesday, December 12, 2023

Fortune Brands Innovations, Inc. (NYSE: FBIN or “Fortune Brands” or the “Company”), an industry-leading home, security and commercial building products company, announced that on December 11, 2023, its Board of Directors declared a quarterly cash dividend of $0.24 per common share.

Key Points: 
  • Fortune Brands Innovations, Inc. (NYSE: FBIN or “Fortune Brands” or the “Company”), an industry-leading home, security and commercial building products company, announced that on December 11, 2023, its Board of Directors declared a quarterly cash dividend of $0.24 per common share.
  • The dividend is payable on March 13, 2024, to stockholders of record as of the close of business on February 23, 2024.
  • The increase in the quarterly dividend, from $0.23 to $0.24, represents the Board’s continued confidence in the Company’s long-term cash flow potential and its support of the Company’s broader strategy for utilizing free cash flow to build shareholder value by investing in Fortune Brands’ businesses, pursuing accretive acquisitions and returning cash to shareholders.

Fortune Brands Appoints Kristin Papesh as Chief Human Resources Officer; Sheri Grissom to Continue Leading Company’s Transformation Management Office

Retrieved on: 
Friday, October 27, 2023

Additionally, Sheri Grissom, the Company’s current Chief Human Resources and Transformation Officer, will solely focus on leading the Company’s Transformation Management Office in her role of Executive Vice President and Chief Transformation Officer beginning November 27, 2023.

Key Points: 
  • Additionally, Sheri Grissom, the Company’s current Chief Human Resources and Transformation Officer, will solely focus on leading the Company’s Transformation Management Office in her role of Executive Vice President and Chief Transformation Officer beginning November 27, 2023.
  • “I am pleased to welcome Kristin to our leadership team as Chief Human Resources Officer.
  • Grissom has led Fortune Brands’ Human Resources team since 2015, and will transition to serve solely as Chief Transformation Officer beginning on November 27, 2023.
  • Sheri, who has built Fortune Brands’ HR function, will now be dedicated to driving change through our Transformation Management Office.

Fortune Brands Delivers Solid Third Quarter Results; Raises Mid-Point of Full-Year 2023 Non-GAAP EPS Guidance

Retrieved on: 
Wednesday, October 25, 2023

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 internet 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.