Headquartered in Deerfield, IL Fiscal year ends December NYSE: FBIN fbin.com
Fortune Brands Innovations, Inc. (NYSE: FBIN) is a home, security and digital products company that makes products for residential and commercial customers, sold through wholesale distributors, dealers and retailers to consumers and professionals. It reports three segments:
- **Water Innovations:** Faucets, showers and water products under brands including Moen, House of Rohl, Aqualisa and SpringWell.
- **Outdoors:** Entry doors and storm doors (Therma-Tru, Larson) and composite decking (Fiberon, which the company agreed to sell to an Inteplast Group subsidiary for $160 million in October 2026).
- **Security:** Locks, safes and residential security products (Master Lock, Sentry Safe, Yale residential).
The business depends on North American repair and remodel activity and new home construction. It is executing a multi-year turnaround that includes:
- Exiting Moen's commercial business serving domestic markets in Asia, while keeping China supply chain operations.
- Rationalizing the EMEA operating footprint of a Water business.
- Realigning the organization around customer-focused segments.
- Targeting $70 million of annualized SG&A savings by Q1 2027. Updated
The 54% earnings beat came from $0.28 of net tax benefit and $0.14 of tariff refunds, which account for nearly all of it, while revenue slipped 3.1%. Management cut the full-year adjusted EPS midpoint to $3.25 and guided fourth-quarter sales to $925 million to $995 million as it sells Fiberon and exits China commercial.
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Fortune Brands Innovations, Inc. (NYSE: FBIN) is a home, security and digital products company that makes products for residential and commercial customers, sold through wholesale distributors, dealers and retailers to consumers and professionals.
24/7 Wall St.'s 12-month price target for FBIN is $71.82, rated Buy. The Wall Street consensus target is $49.06. FBIN price prediction →
