Fortune Brands Innovations (FBIN)
NYSE:FBIN
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Earnings Data
Report Date
Jul 29, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.82Last Year’s EPS
1Same Quarter Last Year
Based on 12 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Negative
The call outlined clear, tangible actions and several commercial and product wins (brand campaigns, award-winning products, faster commercialization, expanded cost-savings target) and affirmed balance-sheet strength. However, near-term financial performance shows meaningful weakness: consolidated sales and operating income declined, margins compressed (down ~200 bps), free cash flow was more negative, and inflation/tariff pressures rose (total headwind now ~ $180M). Management reduced 2026 sales guidance to be in line with the market and expects margin recovery primarily in H2 supported by cost savings and favorable price/cost dynamics. Given the combination of decisive remediation actions and credible long-term strategies weighed against current profit, cash-flow and demand headwinds, the negatives modestly outweigh the positives in the near term.Company Guidance
Cost Savings Target Increased
Raised annualized run-rate cost savings target from $35 million to $70 million, with $15 million expected to be captured in 2026 (over 150 basis points of potential annual margin improvement before reinvestment).
Brand Investments and New Campaigns
Launched Moen's first major brand campaign since 2018 ('must be a Moen') in April with strong early impressions/earned media; renewed Master It and Master Lock Elite Padlock launches to drive Security momentum.
Notable Product Commercialization Wins
Therma-Tru Veris Modern Grain won a National Association of Homebuilders product award; Therma-Tru 3.5" shaker-style fiberglass entry doors achieved first-quarter sales at ~125% of plan and reduced commercialization timeline to 9 months (roughly half prior timeline).
Security Product Momentum and Channel Wins
Launched Yale Pro 2 for multifamily with industry-leading lead times; Master Lock maintains #1 awareness/purchase intent and >90% durability/quality/trust scores; commercial channel grew in the quarter and team won initial business with a top-10 homebuilder for Yale.
Water Segment Resilience
Water sales of $564 million were flat year-over-year; excluding China, Water sales increased 2%, driven by Moen and House of Rohl with price offsetting lower volume; Water operating margin remained strong at 18.8% (down 120 bps).
Balance Sheet and Liquidity Strength
Maintained strong liquidity with over $900 million available (including ~$695 million undrawn revolver); net debt of ~$2.5 billion and net debt/EBITDA of 2.9x with a near-term target to reduce under 2.5x; Fitch and Moody's affirmed BBB ratings.
Clear Near-Term Operational Priorities
Management outlined focused priorities: improve operational rigor (NPD and S&OP), optimize structure/footprint and SG&A, and reallocate resources to highest-return opportunities — with concrete actions already underway.
Updated Guidance with Transparent Assumptions
Provided revised 2026 guidance: full-year net sales expected down low single digits; EPS of $3.00–$3.30; operating margin 13.5%–14.5%; price expected up mid-single digits; guidance reflects $15 million of 2026 cost savings and assumes current tariff regime persists.
FBIN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
FBIN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2026 | $39.08 | $37.98 | -2.81% |
Feb 12, 2026 | $62.00 | $51.07 | -17.62% |
Oct 30, 2025 | $48.28 | $50.27 | +4.12% |
Jul 31, 2025 | $53.74 | $55.01 | +2.37% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Fortune Brands Innovations (FBIN) report earnings?
Fortune Brands Innovations (FBIN) is schdueled to report earning on Jul 29, 2026, After Close (Confirmed).
What is Fortune Brands Innovations (FBIN) earnings time?
Fortune Brands Innovations (FBIN) earnings time is at Jul 29, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FBIN EPS forecast?
FBIN EPS forecast for the fiscal quarter 2026 (Q2) is 0.82.