Fortune Brands lowers FY25 adjusted EPS view to $3.70-$3.80 from $3.75-$3.95

Consensus is $3.80. Sees FY25 net sales down 2% to flat. “We continued to execute with discipline and delivered solid results in a dynamic environment,” said Fortune Brands Chief Financial Officer Jon Baksht. “We are narrowing our full-year guidance range to reflect our updated market expectations and currently anticipate finishing the year near the low end of our prior range. While the near-term environment remains uneven, our advantaged footprint, strong balance sheet, and focus on operational excellence position us to deliver on our commitments and build momentum into 2026. We remain disciplined and opportunistic in our capital allocation, balancing shareholder returns with investments that drive growth and long-term value creation.”