Fortune Brands Innovations reports Q2 ex-charges EPS $1.16, consensus $1.12

Reports Q2 revenue $1.24B, consensus $1.28B. The company said, “Our teams continued to execute at a high level in a dynamic market. We delivered solid second quarter sales as our core U.S. products outperformed the market and we saw acceleration in our digital products. We also delivered strong operating margins, which are a tangible result of our organizational realignment and the other transformational actions we have taken over the past few years. Finally, we announced several significant accelerants to our digital strategy, including with major insurance providers, municipalities and technology partners. I am proud of the continued investments and progress we have made, particularly in an uneven and dynamic external environment.”