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Fortune Brands Home & Security (FBHS) delivers innovative home improvement solutions through its plumbing, cabinetry, and security product lines. This news hub provides investors and industry professionals with direct access to official announcements and market-moving updates.
Track earnings reports, product innovations, and strategic partnerships through verified press releases. Our curated collection eliminates search fragmentation, offering a single source for monitoring FBHS's market position in residential upgrades and building materials.
Discover updates across key operational segments including Moen faucet developments, MasterBrand cabinet launches, and security system enhancements. Content spans financial disclosures, leadership changes, and sustainability initiatives without promotional bias.
Bookmark this page for streamlined access to FBHS's latest developments. Combine regular checks with SEC filings and earnings transcripts for complete market analysis of this S&P 500 home improvement leader.
Huttig Building Products has announced a new distribution partnership with Fiberon, expanding Fiberon's reach in the Southeast U.S. market. This collaboration aims to support Fiberon’s growth in outdoor living products, with Huttig prepared to take Winter Buy orders starting in December. Huttig's long-standing partnership with Therma-Tru is leveraged, enhancing its product offerings. The partnership will provide customers access to Fiberon’s sustainable, low-maintenance decking solutions backed by strong warranties.
Fortune Brands Home & Security (NYSE: FBHS) will announce its Q3 2022 financial results on October 26, 2022, post-market. A conference call featuring CEO Nicholas Fink and CFO Patrick Hallinan will be held at 4:30 p.m. ET to discuss the results. A live audio webcast will be accessible on the company’s website, with a replay available afterward. Headquartered in Deerfield, IL, Fortune Brands is a Fortune 500 entity focused on home products, operating segments including Water Innovations, Outdoors & Security, and Cabinets.
Fortune Brands Home & Security, Inc. (NYSE: FBHS) announced a quarterly cash dividend of $0.28 per common share, payable on December 14, 2022, to stockholders on record as of November 25, 2022. The company is a leader in the home products industry and is known for its trusted brands, including Moen and MasterBrand Cabinets. With 28,000 associates, FBHS is committed to fulfilling home dreams while enhancing its environmental, social, and governance (ESG) commitments.
Fiberon, a leading manufacturer of outdoor living products, has launched an updated website aimed at enhancing user experience and accessibility. The site now features improved product information, digital tools, and e-commerce capabilities, allowing for direct purchases. The redesign emphasizes consumer education and provides optimized content for all devices, ensuring ease of navigation. Senior executives highlight the strategic growth potential of e-commerce and the importance of an adaptable customer journey in purchasing outdoor products.
Fortune Brands Home & Security (NYSE: FBHS) announces a new operational structure to enhance growth and productivity. Key leadership changes include
Fortune Brands Home & Security, Inc. (NYSE: FBHS) announced the extension of its $1.25 billion Senior Unsecured Revolving Credit Facility for five years, maturing on August 2, 2027. The funds will be utilized for general corporate purposes following the separation of the Cabinet business. JPMorgan Chase Bank, N.A. acts as the Administrative Agent while Bank of America, N.A. serves as the Syndication Agent. This strategic move underscores the company's commitment to maintaining a robust capital structure.
Fortune Brands Home & Security (NYSE: FBHS) has acquired Aqualisa Holdings (International) Ltd., a leading U.K. manufacturer of digital shower products, for approximately $160 million. This acquisition aligns with Fortune Brands' strategic focus on enhancing their Water Innovations business, particularly in digital and sustainable water management solutions. Aqualisa's innovative portfolio complements Fortune Brands' existing products, creating opportunities for market expansion in the U.S., U.K., and Europe.
Fortune Brands Home & Security (FBHS) reported Q2 2022 sales of $2.1 billion, a 9% increase year-over-year. Earnings per share (EPS) were $1.46, down 6%, while EPS before charges/gains was $1.67, up 7%. Operating income fell 4% to $284.1 million, with an operating margin of 13.5%. Notably, the separation of companies is ahead of schedule, with an expected increased full-year sales growth of 6.5% to 7.5%. Additionally, the company anticipates free cash flow of $590 million to $630 million.
On July 22, 2022, Fortune Brands Home & Security (NYSE: FBHS) declared a quarterly cash dividend of $0.28 per common share. The dividend is set to be paid on September 14, 2022, to stockholders of record on August 26, 2022. Fortune Brands is a Fortune 500 company with a strong presence in the home products industry, operating in segments like Water Innovations, Outdoors & Security, and Cabinets. The company emphasizes its commitment to environmental, social, and governance (ESG) initiatives.
Fortune Brands Home & Security, Inc. (NYSE: FBHS) will release its second quarter 2022 financial results after market close on July 27, 2022. The earnings call, led by CEO Nicholas Fink, CFO Patrick Hallinan, and SVP David Barry, is scheduled for 4:30 p.m. ET. A live audio webcast will be available on the company's website, with a replay accessible afterward. Fortune Brands, a leader in the home products sector, operates in categories including Water Innovations and Cabinets, employing approximately 28,000 associates.
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