Fortune Brands Innovations reports Q3 EPS $1.19, consensus $1.10

Reports Q3 revenue $1.261B, consensus $1.26B. “Our solid sales and margin results reflect the concrete and proactive measures we have taken, which have allowed us to continue outperforming in a tough market, while also accelerating investment in our most critical strategic initiatives,” said Fortune Brands Chief Executive Officer Nicholas Fink. “The actions we took over the past year to better leverage the strength of our organization and sharpen our focus on our leading brands, meaningful innovation, and advantaged channel relationships are driving our results. Fortune Brands Innovations is stronger, more agile, and more aligned than it has ever been. We continue to be confident in our mid- to long-term outlook, which has only been bolstered by the current supply-demand imbalance in the core housing market.”