NYSE:FBINBuilding
Will FBIN’s Share Buybacks Offset the Impact of Lower Sales Guidance for Fortune Brands?
In July 2025, Fortune Brands Innovations reported second quarter results, announcing a 3% year-over-year sales decline to US$1,203.3 million and net income of US$100.3 million, alongside updated full-year 2025 guidance anticipating flat to 2% lower net sales and EPS before charges/gains of US$3.75 to US$3.95.
During the same period, the company completed a buyback of 1,192,532 shares for US$63 million, reflecting efforts to return capital to shareholders as it contends with ongoing margin...