FBIN

Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Fortune Brands (NYSE:FBIN) and the best and worst performers in the home construction materials industry. Traditionally, home construction materials companies have built economic moats with expertise in specialized areas, brand recognition, and strong relationships with contractors. More recently, advances to address labor availability and job site productivity have spurred innovation that is driving incremental demand. However, these companies are at the whim of residential construction volumes, which tend to be cyclical and can be impacted heavily by economic factors such as interest rates. Additionally, the costs of raw materials can be driven by a myriad of worldwide factors and greatly influence the profitability of home construction materials companies. The 10 home construction materials stocks we track reported a strong Q1. As a group, revenues beat analysts’ consensus estimates by 3% while next quarter’s revenue guidance was in line. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 10.2% since the latest earnings results. Targeting a wide customer base of residential and commercial customers, Fortune Brands (NYSE:FBIN) makes plumbing, security, and outdoor living products. Fortune Brands reported revenues of $1.01 billion, down 2.1% year on year. This print was in line with analysts’ expectations, but overall, it was a mixed quarter for the company with a decent beat of analysts’ adjusted operating income estimates. Fortune Brands delivered the weakest performance against analyst estimates of the whole group. The stock is down 14.6% since reporting and currently trades at $33.39. Read our full report on Fortune Brands here, it’s free. Aiming to build safer and stronger buildings, Simpson (NYSE:SSD) designs and manufactures structural connectors, anchors, and other construction products. Simpson reported revenues of $588 million, up 9.1% year on year, outperforming analysts’ expectations by 6.4%. The business had a stunning quarter with an impressive beat of analysts’ EBITDA estimates. Although it had a fine quarter compared its peers, the market seems unhappy with the results as the stock is down 4.5% since reporting. It currently trades at $178....

Longleaf Partners, managed by Southeastern Asset Management, released its first-quarter 2026 investor letter. A copy of the letter is available to download here. The Fund returned -4.46% in the quarter, compared to the S&P 500’s -4.33% and the Russell 1000 Value Index’s 2.10% return. The year began similarly to the second half of 2025, with rising stocks and penalization for caution. February was marked by unusual sector-wide movements influenced by perceived AI outcomes. Complications arose from the Iran War and increasing private credit risks. The Fund initially lagged the market, but performance improved as conditions worsened. The fund ended the quarter with a P/V of mid-50s%, which bodes well for promising future returns. In addition, please check the Fund’s top five holdings to know its best picks in 2026. In its first-quarter 2026 investor letter, Longleaf Partners Fund highlighted Fortune Brands Innovations, Inc. (NYSE:FBIN). Headquartered in Deerfield, Illinois, Fortune Brands Innovations, Inc. (NYSE:FBIN) is a home and security products provider. On May 15, 2026, Fortune Brands Innovations, Inc. (NYSE:FBIN) closed at $34.37 per share. One-month return of Fortune Brands Innovations, Inc. (NYSE:FBIN) was -16.94%, and its shares lost 37.06% over the past 52 weeks. Fortune Brands Innovations, Inc. (NYSE:FBIN) has a market capitalization of $4.1 billion. Longleaf Partners Fund stated the following regarding Fortune Brands Innovations, Inc. (NYSE:FBIN) in its Q1 2026 investor letter: Fortune Brands Innovations, Inc. (NYSE:FBIN) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 35 hedge fund portfolios held Fortune Brands Innovations, Inc. (NYSE:FBIN) at the end of the fourth quarter, compared to 40 in the previous quarter. In Q1 2026, Fortune Brands Innovations, Inc. (NYSE:FBIN) reported sales of $1 billion, down 2% year-over-year. While we acknowledge the potential of Fortune Brands Innovations, Inc. (NYSE:FBIN) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. In addition, please check out our hedge fund investor letters Q1 2026 page for more...

Fortune Brands’ first quarter results for 2026 were met with a negative market response, as management highlighted operational and market challenges that impacted performance. The company attributed the modest sales decline primarily to volume weakness in new construction and ongoing macroeconomic headwinds, such as inflation and higher raw material costs. Interim CEO Dave Barry acknowledged, “Our recent execution and current level of profitability is not where it needs to be,” citing slower product development and service inconsistencies as areas requiring immediate improvement. Is now the time to buy FBIN? Find out in our full research report (it’s free). Revenue: $1.01 billion vs analyst estimates of $1.01 billion (2.1% year-on-year decline, in line) Adjusted EPS: $0.53 vs analyst estimates of $0.53 (in line) Adjusted EBITDA: $154.4 million vs analyst estimates of $157.2 million (15.3% margin, 1.8% miss) Operating Margin: 6%, down from 9.4% in the same quarter last year Market Capitalization: $4.27 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Susan Maklari (Goldman Sachs) asked about Barry’s initial priorities as interim CEO. Dave Barry emphasized renewed operational discipline, margin management, and focused investment in core brands, noting, “These problems are fixable and the work is underway.” Michael Dahl (RBC Capital Markets) questioned the timing and realization of cost savings. Barry explained the $70 million in annualized savings should be fully realized by early 2027, with benefits ramping in the second half of 2026. John Lovallo (UBS) probed the rationale for recent Board changes and the CEO search. Chairwoman Susan Kilsby highlighted the need for financial and industry expertise, while Barry described Board engagement as “highly collaborative.” Trevor Allinson (Wolfe Research) asked if price increases would offset inflation. Barry and George said price will be applied selectively, and the broader strategy includes supply chain negotiations and cost-cutting to address persistent inflation. Philip Ng (Jefferies) inquired about improving service levels and restoring share in water and security...

Investors were disappointed with the weak earnings posted by Fortune Brands Innovations, Inc. (NYSE:FBIN ). While the headline numbers were soft, we believe that investors might be missing some encouraging factors. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. To properly understand Fortune Brands Innovations' profit results, we need to consider the US$148m expense attributed to unusual items. While deductions due to unusual items are disappointing in the first instance, there is a silver lining. We looked at thousands of listed companies and found that unusual items are very often one-off in nature. And that's hardly a surprise given these line items are considered unusual. Assuming those unusual expenses don't come up again, we'd therefore expect Fortune Brands Innovations to produce a higher profit next year, all else being equal. That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates. Unusual items (expenses) detracted from Fortune Brands Innovations' earnings over the last year, but we might see an improvement next year. Based on this observation, we consider it likely that Fortune Brands Innovations' statutory profit actually understates its earnings potential! Unfortunately, though, its earnings per share actually fell back over the last year. At the end of the day, it's essential to consider more than just the factors above, if you want to understand the company properly. With this in mind, we wouldn't consider investing in a stock unless we had a thorough understanding of the risks. Be aware that Fortune Brands Innovations is showing 4 warning signs in our investment analysis and 1 of those is concerning... Today we've zoomed in on a single data point to better understand the nature of Fortune Brands Innovations' profit. But there is always more to discover if you are capable of focussing your mind on minutiae. For example, many people consider a high return on equity as an indication of favorable business economics, while others like to 'follow the money' and search out stocks that insiders are buying. So you may wish to see this free collection of companies boasting high return on equity, or this list of stocks with high inside...

Fortune Brands Innovations, Inc. (NYSE:FBIN) last week reported its latest first-quarter results, which makes it a good time for investors to dive in and see if the business is performing in line with expectations. Statutory earnings per share fell badly short of expectations, coming in at US$0.20, some 61% below analyst forecasts, although revenues were okay, approximately in line with analyst estimates at US$1.0b. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. Taking into account the latest results, Fortune Brands Innovations' 17 analysts currently expect revenues in 2026 to be US$4.42b, approximately in line with the last 12 months. Per-share earnings are expected to shoot up 35% to US$3.07. In the lead-up to this report, the analysts had been modelling revenues of US$4.48b and earnings per share (EPS) of US$3.38 in 2026. The analysts seem to have become a little more negative on the business after the latest results, given the minor downgrade to their earnings per share numbers for next year. View our latest analysis for Fortune Brands Innovations The average price target fell 5.4% to US$47.57, with reduced earnings forecasts clearly tied to a lower valuation estimate. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. There are some variant perceptions on Fortune Brands Innovations, with the most bullish analyst valuing it at US$68.00 and the most bearish at US$37.00 per share. This is a fairly broad spread of estimates, suggesting that analysts are forecasting a wide range of possible outcomes for the business. These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Fortune Brands Innovations' past performance and to peers in the same industry. We would also point out that the forecast 0.8% an...

Interested in Fortune Brands Innovations, Inc.? Here are five stocks we like better. Fortune Brands cut its full-year 2026 outlook, now expecting net sales to fall low single digits and adjusted EPS of $3.00 to $3.30 as the company faces a soft U.S. housing market and higher commodity, freight, and tariff-related costs. First-quarter results weakened across the business: sales fell 2% to $1 billion, operating income dropped 18%, and EPS declined 20%, with especially sharp margin pressure in the Outdoors segment. Management is responding with a larger restructuring push, doubling annualized cost savings targets to $70 million and continuing the search for a permanent CEO while focusing on execution, planning, and higher-return growth opportunities. Fortune Brands Innovations (NYSE:FBIN) reported lower first-quarter earnings and reduced its full-year 2026 outlook, citing a softer U.S. housing market, higher commodity and freight costs, and the need to address execution issues across the business. On the company’s earnings call, Interim Chief Executive Officer Dave Barry said Fortune Brands has “strong brands and a solid strategic foundation,” but acknowledged that “recent execution and current level of profitability is not where it needs to be.” Barry said management is focused on improving operational discipline, reducing costs and directing resources toward higher-return opportunities. → Wells Fargo’s Comeback Is Real—But Not Risk-Free Chair of the Board Susan Kilsby opened the call by addressing recent leadership and governance changes. She said the board has engaged extensively with shareholders regarding the CEO succession process and has reopened the search for a permanent chief executive. Kilsby said the board is seeking a leader with the ability to “instill focus and drive execution,” especially across global supply chains and complex routes to market. She said the ideal candidate would also have building products industry knowledge and a track record of delivering sustainable sales and margin growth. → Rocket Lab Posts Record Q1 Revenue, Raises Q2 Guidance Barry, who previously served as the company’s chief financial officer and most recently as president of Security and Connected Products, is serving as interim CEO. Ashley George, who has nearly a decade of experience with Fortune Brands, is serving as interim CFO. Kilsby also highlighted the March a...

Image source: The Motley Fool. May 7, 2026 Chair — Susan Kilsby Interim Chief Executive Officer — David Barry Interim Chief Financial Officer — Ashley George Senior Vice President, Investor Relations — Curt Worthington Susan Kilsby: Thanks, Curt. Before we begin, I'd like to take a few moments on behalf of the Board to address the recent leadership and governance changes. Our Board values direct constructive engagement with our shareholders. Over the last few months, we have engaged extensively with shareholders to gather their feedback on the CEO succession process, ensuring the Board is well informed on this important decision. As you are aware, we have reopened the search for Fortune Brands permanent CEO. We are focused on identifying a leader with proven ability to instill focus and drive execution, particularly across global supply chains and complex routes to market. Just as importantly, we are seeking a leader who can build on Fortune Brands' proud legacy rooted in its iconic brands, history of innovation and strong customer relationships. Ideally, this leader will have a strong knowledge of the building products industry with a proven track record of driving leadership accountability and delivering sustainable sales and margin growth over time. We are very pleased with the high-quality candidates we have seen in the process as we move with pace to select the next CEO. The Board is excited to have Dave Barry serve as the company's interim CEO. Dave is an experienced, thoughtful and decisive leader with more than a decade of experience at Fortune Brands, including prior service as CFO and most recently as President of Security and Connected Products. Dave is intimately familiar with our strategic priorities, our business and our investor expectations. He has the full support of the Board to act decisively, drive meaningful progress in underlying business performance and ensure Fortune Brands continues to build momentum while the search for a permanent CEO is underway. I would also like to welcome Ashley George as Interim CFO. Ashley brings nearly a decade of experience with Fortune Brands and has extensive knowledge of the company's financial operations, supply chain and commercial functions and has a strong understanding of our systems, processes and commercial drivers. At this important moment for the company, strong and steady leadership is critical...

Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. Fortune Brands Innovations (FBIN) just reported Q1 2026 earnings showing lower revenue, sharply reduced net income and a thinner operating margin, all while the company continues under interim leadership after recent activist pressure. See our latest analysis for Fortune Brands Innovations. The share price has been under pressure, with a 90 day share price return of a 36.8% decline and a 1 year total shareholder return of a 22% decline. This suggests momentum has weakened despite the recent Q1 earnings, dividend affirmation and board declassification vote. If the recent volatility has you reassessing your watchlist, this is a good moment to broaden your search and check out 18 top founder-led companies With the stock down sharply from recent levels but trading below some analysts’ price targets and intrinsic estimates, you have to ask yourself: is this a reset that opens a buying opportunity, or is the market already pricing in future growth? The most followed narrative sees Fortune Brands Innovations trading below a fair value of $50.29, compared with the last close at $39.08, and builds a case on margin recovery and earnings growth over time. Read the complete narrative. Curious what kind of earnings path and margin profile could support that gap to fair value? The narrative leans on a detailed mix of revenue growth assumptions, profitability improvement and a future earnings multiple that differs from the broader US Building sector. Result: Fair Value of $50.29 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, the story could shift if weak U.S. housing demand persists or if higher manufacturing and input costs continue to pressure margins and earnings quality. Find out about the key risks to this Fortune Brands Innovations narrative. The mix of pressure on earnings and optimism around fair value is clear, so act while sentiment is unsettled and weigh both sides using 3 key rewards and 4 important warning signs If this earnings story has your attention, do not stop here. Widen your opportunity set with a few focused screens that surface very different types of stocks. Target potential mispricings by scanning a curated list of 51 high...

DEERFIELD, Ill. (AP) — DEERFIELD, Ill. (AP) — Fortune Brands Innovations, Inc. (FBIN) on Thursday reported first-quarter earnings of $24.2 million. The Deerfield, Illinois-based company said it had profit of 20 cents per share. Earnings, adjusted for non-recurring costs and restructuring costs, were 53 cents per share. The results met Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of 53 cents per share. The maker of products for the home, like faucets, cabinets, windows and doors posted revenue of $1.01 billion in the period, topping Street forecasts. Four analysts surveyed by Zacks expected $991.9 million. Fortune Brands Innovations expects full-year earnings in the range of $3 to $3.30 per share. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FBIN at https://www.zacks.com/ap/FBIN

Fortune Brands Innovations (FBIN) came out with quarterly earnings of $0.53 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.66 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -0.64%. 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 per share when it actually produced earnings of $0.86, delivering a surprise of -14%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. Fortune Brands Innovations, which belongs to the Zacks Building Products - Air Conditioner and Heating industry, posted revenues of $1.01 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 1.95%. This compares to year-ago revenues of $1.03 billion. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Fortune Brands Innovations shares have lost about 20.2% since the beginning of the year versus the S&P 500's gain of 7.6%. While Fortune Brands Innovations has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Fortune Brands Innovations was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. S...

For the quarter ended March 2026, Fortune Brands Innovations (FBIN) reported revenue of $1.01 billion, down 2.1% over the same period last year. EPS came in at $0.53, compared to $0.66 in the year-ago quarter. The reported revenue represents a surprise of +1.95% over the Zacks Consensus Estimate of $991.93 million. With the consensus EPS estimate being $0.53, the EPS surprise was -0.64%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how Fortune Brands Innovations performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Net Sales- Outdoors: $294.4 million versus $280.33 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -3.4% change. Net Sales- Security: $153.2 million versus the two-analyst average estimate of $140.18 million. The reported number represents a year-over-year change of -6%. Net Sales- Water: $563.7 million versus the two-analyst average estimate of $551.27 million. The reported number represents a year-over-year change of -0.3%. Operating Income(loss) before charges/gains (Non-GAAP)- Water: $106.1 million versus the two-analyst average estimate of $104.8 million. Operating Income(loss) before charges/gains (Non-GAAP)- Outdoors: $21.8 million versus the two-analyst average estimate of $19.75 million. Operating Income(loss) Before Charges/Gains (Non-GAAP)- Security: $21.7 million versus $17.48 million estimated by two analysts on average. View all Key Company Metrics for Fortune Brands Innovations here>>> Shares of Fortune Brands Innovations have returned -0.9% over the past month versus the Zacks S&P 500 composite's +11.4% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Fortune Brands Innovations, Inc....

Highlights: Q1 2026 sales were $1.0 billion, a decrease of 2 percent versus Q1 2025; sales excluding the impact of China decreased 1 percent Q1 2026 earnings per share (EPS) were $0.20, a decrease of 52 percent versus Q1 2025; EPS before charges / gains were $0.53, a decrease of 20 percent versus Q1 2025 Current leadership team is fully empowered to execute strategic priorities and drive performance improvement measures Updating full-year 2026 guidance to reflect sales in line with the market DEERFIELD, Ill., May 07, 2026--(BUSINESS WIRE)--Fortune Brands Innovations, Inc. (NYSE: FBIN or "Fortune Brands" or the "Company"), an industry-leading home, security and digital products company whose purpose is to elevate every life by transforming spaces into havens, today announced first quarter 2026 results. "Our first quarter results reflect inconsistent execution and a dynamic external environment. While we are encouraged by our ability to grow sales in our Moen, House of Rohl, and Therma-Tru businesses, we recognize there is more work to do to improve our execution, optimize our structure to drive efficiencies and re-deploy capital towards our highest value creating opportunities. With a strong foundation in place and a focused set of priorities, we are confident in our ability to navigate the current environment and take the necessary actions to position the business for profitable growth over time," said Fortune Brands Interim Chief Executive Officer David Barry. Balance Sheet and Cash Flow The Company exited the quarter with a strong balance sheet. Cash flow reflected typical seasonality; the Company closed the quarter with $(119.2) million in operating cash flow and $(139.5) million in free cash flow. In accordance with its opportunistic, returns-based share repurchase program, the Company repurchased $43.5 million of its shares in the quarter. The Company ended the quarter with more than $900 million of liquidity and net debt to EBITDA before charges and gains of 2.9x. As of the end of the first quarter 2026: 2026 Full-Year Guidance "We have updated our full-year 2026 guidance and financial assumptions to reflect sales in line with the market. Our update also reflects a more uncertain external environment due to increased commodity inflation and more cautious consumer sentiment. While near-term conditions have become more challenging, our teams are respondi...