Fortune Brands Innovations Announces First Quarter Results; Focused on Driving Improved Execution and Offsetting Inflationary Headwinds
Fortune Brands Innovations reported Q1 sales of $1.01 billion, down 2.1% year-over-year, with GAAP EPS falling 52% to $0.20 due to significant restructuring and leadership transition charges. The company lowered full-year 2026 EPS guidance to a range of $3.00-$3.30 from the prior $3.35-$3.65, reflecting a more uncertain environment and cautious consumer sentiment.
Key figures
- Eps
- 0.2
- Revenue
- $1,011.3 million
- Guidance
- FY2026 EPS before charges/gains $3.00 to $3.30, down from $3.35 to $3.65; Net sales down low single digits, updated from flat to 2.0%
- Revenue Yoy
- (2.1%)
- Adjusted eps
- 0.53
- Operating income
- $60.2 million
- Share repurchase
- $43.5 million
- Net debt to ebitda
- 2.9x
- Adjusted operating margin
- 11.1%
AI analysis
Red flags3 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.