FORTUNE BRANDS HOME & SEC INC (DE) Stock Price, News & Analysis

Fortune Brands Home & Security, Inc. (NYSE: FBHS) will announce its first quarter 2021 financial results on April 29, 2021, after market close. CEO Nicholas Fink, CFO Patrick Hallinan, and SVP David Barry will host a conference call at 4:30 p.m. ET to discuss these results. Investors can access a live webcast on the company’s website. Fortune Brands is a leading player in the home products sector with a diverse portfolio, including brands such as Moen and Fiberon. The firm emphasizes commitment to environmental, social, and governance principles.

Fortune Brands Home & Security (NYSE: FBHS) has appointed David Barry as senior vice president of finance and investor relations, reporting to CFO Patrick Hallinan. Barry, who has been with the company since 2015, previously served as CFO of the Global Plumbing Group. His extensive experience in finance and familiarity with housing market dynamics are expected to enhance investor relations. Barry succeeds Brian Lantz, who is departing after ten years of building the investor relations function. Fortune Brands operates in the home products industry with a portfolio of well-known brands.

Fiberon has introduced its new Wildwood composite cladding, merging the aesthetic appeal of wood with the resilience of durable, low-maintenance materials. This innovative product features an open-joint profile and comes in various board lengths and widths, offering enhanced design flexibility for construction projects. It aims to provide an easy installation solution while ensuring long-term performance and warranty coverage.

Fortune Brands Global Plumbing Group (GPG), part of Fortune Brands Home & Security (NYSE: FBHS), has appointed Nicole Decker as senior vice president of global growth and development, and Coty Franklin as senior vice president of global human resources and internal communications. Decker brings 20 years of experience from Tupperware, focusing on strategic initiatives and corporate development. Franklin has extensive HR expertise from Eaton Corporation and PPG Industries. The company anticipates that their leadership will drive GPG's continued growth and performance success.

Moen has unveiled innovative products at the KBIS 2021 Virtual Experience, focusing on enhancing daily interactions with water. New offerings include the U by Moen Smart Faucet, featuring touchless technology, and the Cia Bathroom Faucet, designed for hands-free use. The Moen Aromatherapy Handshower introduces essential oils for a spa-like experience, while the Nebia by Moen Spa Shower promises reduced water usage. Additionally, the Flo by Moen Smart Water Security System offers 24/7 protection against leaks, empowering consumers to manage home water efficiently.

The House of Rohl showcases new products at the virtual Kitchen & Bath Industry Show (KBIS) from Feb. 9-12, 2021. Highlights include a collaboration with Wallpaper* to introduce new color palettes for Victoria + Albert's bathtubs and sinks, emphasizing personalization. The Riobel brand celebrates 25 years with the launch of the Reflet™ Bath Collection, which features touchless technology in its faucets. New kitchen collections from Perrin & Rowe and ROHL further enhance the product lineup. House of Rohl aims to provide elegant home solutions that reflect modern consumer desires.

Fortune Brands Home & Security (NYSE: FBHS) reported strong fourth quarter and full-year 2020 results, highlighting a 13% sales increase to $1.7 billion for Q4 and a 6% rise to approximately $6.1 billion for the full year. EPS rose to $1.16 in Q4 and $3.94 for the year. The company achieved operating income of $233.2 million for Q4 and $801.4 million for the year, marking substantial operational improvements. Looking ahead, FBHS anticipates 12.5% to 14.5% sales growth in 2021 and expects EPS before charges/gains between $4.85 and $5.05.

Fypon is set to launch the 2021 Fypon Virtual Experience on February 2, aiming to showcase its innovative products and current industry trends. This immersive experience will be part of the IBSx online event, enabling trade partners to engage with Fypon’s offerings in a digital environment. Participants can access the content at any time, enhancing Fypon’s digital footprint and supporting the NAHB. According to Paul Mihm, senior vice president of sales, this initiative is designed to connect with partners safely and showcase new products.