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Fortune Brands Innovations: Taking A Bullish Stance In Light Of Uncertainty
Seeking Alpha· 2025-05-18 04:54
Group 1 - The company previously known as Fortune Brands Home & Security has rebranded to Fortune Brands Innovations [1] - The focus of Crude Value Insights is on cash flow and companies in the oil and natural gas sector, highlighting their value and growth prospects [1] - Subscribers to Crude Value Insights benefit from a stock model account, cash flow analyses of exploration and production firms, and live discussions about the sector [2]
Moen Raises the Alarm on the Health Risks of Cheap, Off-brand Faucets
Prnewswire· 2025-05-16 14:08
NINETY PERCENT OF CHEAP, OFF-BRAND FAUCETS TESTED CONTAIN LEAD AND OTHER TOXIC CHEMICALSDEERFIELD, Ill., May 16, 2025 /PRNewswire/ -- Moen, one of Fortune Brands Innovations' (NYSE: FBIN) leading brands and a leader in water experiences, is calling attention to concerning new findings that show cheap, off-brand, foreign-made faucets present serious health risks for consumers.Moen commissioned independent, third-party laboratory tests of top selling cheap, off-brand, foreign-made faucets.* The tests were con ...
Fortune Brands Innovations (FBIN) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKS· 2025-05-07 00:00
Core Insights - Fortune Brands Innovations (FBIN) reported a revenue of $1.03 billion for Q1 2025, reflecting a year-over-year decline of 6.9% and an EPS of $0.66, down from $0.83 a year ago, with a revenue surprise of -3.39% compared to the Zacks Consensus Estimate of $1.07 billion [1] Financial Performance - The company’s net sales in the Outdoors segment were $304.70 million, slightly below the average estimate of $309.50 million, marking a year-over-year decline of 3.3% [4] - In the Security segment, net sales reached $163 million, exceeding the average estimate of $155.76 million, but still reflecting a year-over-year decrease of 3.7% [4] - Water segment net sales were reported at $565.40 million, significantly below the average estimate of $608.31 million, with a year-over-year decline of 9.6% [4] Operating Income - Non-GAAP operating income for the Water segment was $113.20 million, compared to the average estimate of $127.41 million [4] - Non-GAAP operating income for the Outdoors segment was $31.70 million, slightly below the average estimate of $33.18 million [4] - The Security segment reported a Non-GAAP operating income of $23.20 million, surpassing the average estimate of $15.80 million [4] - Total corporate expenses were reported at -$32.30 million, better than the average estimate of -$39.65 million [4] Stock Performance - Shares of Fortune Brands Innovations have returned +6.6% over the past month, underperforming the Zacks S&P 500 composite's +11.5% change, and the stock currently holds a Zacks Rank 4 (Sell) [3]
Fortune Brands Innovations (FBIN) Meets Q1 Earnings Estimates
ZACKS· 2025-05-06 22:25
Fortune Brands Innovations (FBIN) came out with quarterly earnings of $0.66 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.83 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this maker of products for the home, like faucets, cabinets, windows and doors would post earnings of $1.05 per share when it actually produced earnings of $0.98, delivering a surprise of -6.67%.Over the last four quarters, the company ha ...
Fortune Brands(FBIN) - 2025 Q1 - Earnings Call Transcript
2025-05-06 22:02
Fortune Brands Innovations (FBIN) Q1 2025 Earnings Call May 06, 2025 05:00 PM ET Company Participants Leigh Avsec - Chief of Staff & Executive VP - External AffairsNicholas Fink - CEODavid Barry - President, Security & Connected ProductsPhilip Ng - Managing DirectorTrevor Allinson - Director - Equity ResearchMichael Rehaut - Executive Director Conference Call Participants John Lovallo - Senior US Homebuilding & Building Products Equity Research AnalystSusan Maklari - Senior Equity Research Analyst Operator ...
Fortune Brands(FBIN) - 2025 Q1 - Earnings Call Transcript
2025-05-06 21:00
Fortune Brands Innovations (FBIN) Q1 2025 Earnings Call May 06, 2025 05:00 PM ET Speaker0 Good afternoon, everyone. My name is Morgan, and I will be your conference operator today. Welcome to the Fortune Brands First Quarter twenty twenty five Earnings Conference Call. All lines are muted to prevent background noise. Following the speakers' remarks, we will open the call for a Q and A session. At this time, I'll turn the call over to Leigh Avsek, Executive Vice President, External Affairs and Chief of Staff ...
Fortune Brands(FBIN) - 2025 Q1 - Quarterly Results
2025-05-06 20:14
EXHIBIT 99.1 ($ in millions, except per share amounts) Unaudited Total Company Results | | Reported Net Sales | Operating Income | Operating Margin | EPS | | --- | --- | --- | --- | --- | | Q1 2025 GAAP | $1,033 | $97.0 | 9.4% | $0.42 | | Change | (7%) | (38%) | (460) bps | (45%) | | | Reported Net Sales | Operating Income Before Charges / Gains | Operating Margin Before Charges / Gains | EPS | | | | | | Before Charges / Gains | | Q1 2025 Non GAAP | $1,033 | $135.8 | 13.1% | $0.66 | Fortune Brands Delivers ...
Any Size Insurance Agency or Carrier Can Now Partner with Moen to Help Reduce Non-Weather Water Damage Claims, Improving Loss Ratios & Enhancing Profitability
Prnewswire· 2025-04-14 16:18
NO LONGER ONLY AVAILABLE FOR LARGE CARRIERS, PROVIDERS CAN NOW SIGN UP TO OFFER THE MOEN® FLO SMART WATER MONITOR AND SHUTOFF TO POLICYHOLDERS AT NO COSTNORTH OLMSTED, Ohio, April 14, 2025 /PRNewswire/ -- Moen, a leader in water experiences in the home, has launched an Insurance Partner Program for insurance providers of all sizes, including regional carriers, to help limit water damage claims across all states with its Moen® Flo Smart Water Monitor and Shutoff. Water damage is a leading cause of insurance ...
Moen Partners with Liberty Mutual Insurance to offer Savings on In-Home Leak Protection
Prnewswire· 2025-04-10 19:42
Core Insights - Moen has partnered with Liberty Mutual Insurance to offer discounts on the Flo Smart Water Monitor and Shutoff devices, aiming to reduce water damage claims and waste significantly [1][2] Company Overview - Moen is recognized as the leading consumer faucet brand in North America, providing a wide range of innovative products for kitchen and bath applications, including leak detection solutions [6] - The company is part of Fortune Brands Innovations, Inc., which focuses on various home products and security markets [7] Industry Context - Water damage claims are a significant financial burden for insurers, with over $15 billion paid out annually, and these claims account for 24% of all homeowner insurance claims [2][8] - The initiative aims to address the estimated one trillion gallons of water wasted annually in the U.S. due to leaks, highlighting a growing concern for water conservation [3][8] Product Features - The Flo Smart Water Monitor and Shutoff continuously monitors water pressure and flow, detecting leaks as small as a drop per minute, and can automatically shut off water to prevent major damage [4] - Users can track water usage and set conservation goals through the Moen Smart Water Network App, enhancing water-saving efforts [4]
Eco-Conscious Without Compromising Performance: New Moen Handshower Can Help Save Thousands of Gallons of Water Annually*
Prnewswire· 2025-03-21 17:15
Core Insights - Moen has launched the Hot Water Savings Handheld showerhead, which can reduce shower water usage by over a third and save up to 5,500 gallons annually without compromising the shower experience [1][3]. Product Features - The showerhead features a CONSERVE button that, when activated, reduces water flow to a trickle once the water reaches 95°F, maintaining temperature while minimizing water waste [3][5]. - It offers five high-performance spray settings and incorporates Moen's Magnetix™ technology for easy handling and secure docking, made from recycled ocean plastic [4][5]. Sustainability Commitment - The Hot Water Savings Handheld meets EPA WaterSense® criteria, emphasizing Moen's commitment to sustainability and eco-conscious solutions [3][5]. - The product aligns with the Mission Moen initiative, which focuses on conserving water as a precious resource [5]. Company Overview - Moen is a leader in home water experiences, providing a wide range of innovative kitchen and bath products that enhance user interaction with water [6]. - The company is part of Fortune Brands Innovations, Inc., which encompasses various brands in home products and security markets [7].