Posts Tagged ‘ operating income ’

Fourth-Quarter Results Show Assa and Fortune Acquisitions Bode Well

Feb 15th, 2024

Fortune Brands Innovations (Therma-Tru, Solar Innovations, Larson, Yale, August) and Assa Abloy (Caldwell, Interlock) released fourth-quarter financial results in recent weeks, showing positive results from the U.S. market for smart locks. Results follow an exchange between the two companies, in which Assa Abloy divested its Yale brand to Fortune in June 2023. Net sales for […]

Fortune Brands, PGT Cite Increases in Second Quarter Including Organic Growth

Jul 29th, 2022

With the second quarter closing this week, financial results from across the industry are making headlines. That includes earnings reports from Fortune Brands and PGT Innovations Inc., both of which announced “strong” performances from April through June 2022. For the second quarter of 2022, Fortune Brands reported sales of $2.1 billion, an increase of 9% […]

Fortune Brands Reports Strong Third Quarter

Oct 28th, 2021

Fortune Brands Home & Security Inc., a home and security products company, recently announced its third quarter 2021 results, which included sales that approached $2.0 billion, an increase of 20% over the third quarter of 2020. Earnings per share (EPS) were $1.45, an increase over the $1.17 from the prior-year quarter. EPS before charges/gains were […]

Companies Reporting Third-Quarter Financials; Results a Mixed Bag

Nov 4th, 2020

As more companies are reporting third quarter earnings and other numbers, the results vary from one corporation to the next. Hutting Building Products and Builders FirstSource Inc. are two of the latest to release financial reports, reflecting the challenges a global pandemic has had on each company, as well as how the responses to it […]

Strong 2Q Results for Fortune Brands

Jul 30th, 2020

Fortune Brands Home & Security Inc., a home and security products company, recently announced second quarter 2020 results that included a nine percent drop in doors and security sales, though doors and decking exceeded expectations and security products challenged by effects of COVID-19 on its supply chain. “I couldn’t be prouder of our teams,” said […]

Third Quarter Positive for Fortune Brands Even With Obstacles

Oct 24th, 2019

Fortune Brands Home and Security (FBHS), parent company of Therma-Tru, saw positive results in the third quarter of 2019. In a sales and earnings per share (EPS) report released yesterday, officials report that the company’s teams, “continued to execute well,” even amid what they’re labeling as a slower market than what was initially foreseen. The […]