Fortune Brands Innovations Inc - Company Profile
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Fortune Brands Innovations Inc (Fortune Brands) is a manufacturer of home and security consumer products. The company's main activities include manufacturing and selling a wide range of products such as faucets, kitchen sinks, waste disposals, entry door systems, decking, railing, cladding, locks, safety and security devices, and electronic security products. Notable brands associated with Fortune Brands include Moen, ROHL, Riobel, Victoria+Albert, Perrin & Rowe, Aqualisa, Shaws, Emtek, Schaub, Therma-Tru, Larson, Fiberon, Fypon, Solar Innovations, Master Lock, American Lock, Yale, August, and SentrySafe. Fortune Brands sells its products through a wide array of sales channels, including kitchen and bath dealers, wholesalers oriented toward builders or professional remodelers, industrial and locksmith distributors, do-it-yourself remodeling-oriented home centers, showrooms, e-commerce, and other retail outlets. It operates in the US, China, Canada, Europe, Mexico, Southeast Asia, South America, Central America, Japan, and Australia. Fortune Brands is headquartered in Deerfield, Illinois, the US.
Headquarters
United States of America
Address
520 Lake Cook Road, Deerfield, Illinois, 60015
Website
www.fbin.com
Telephone
1 847 4844400
No of Employees
11,729
Industry
Construction
Ticker Symbol & Exchange
FBIN (NYSE)
Revenue (2022)
$4.6B
-2%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-41.1%
(2022 vs 2021)
Market Cap*
$9.8B
Net Profit Margin (2022)
XYZ
-39.9%
(2022 vs 2021)
* As of and is in US$
Fortune Brands Innovations Inc premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Faucets and Accessories | Moen |
| Kitchen and Bath Cabinetry | ROHL |
| Security Locks | Riobel |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Acquisitions/Mergers/Takeovers | In February, the company acquired SpringWell Water Filtration Systems. |
| 2024 | New Products/Services | In February, the company's subsidiary Therma-Tru launched a new product lineup for 2024. |
| 2023 | New Products/Services | In August, SentrySafe launched the Next Generation Fire Safe. |
Competitor Comparison
| Key Parameters | Fortune Brands Innovations Inc | Sherwin-Williams Co | Stanley Black & Decker Inc | Assa Abloy AB | Newell Brands Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | Sweden | United States of America |
| City | Deerfield | Cleveland | New Britain | Stockholm | Atlanta |
| State/Province | Illinois | Ohio | Connecticut | - | Georgia |
| No. of Employees | 11,729 | 64,088 | 50,500 | 56,845 | 24,600 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Nicholas I. Fink | Director; Chief Executive Officer | Executive Board | 2020 | 49 |
| David Barry | Executive Vice President; Chief Financial Officer | Senior Management | 2023 | 42 |
| Hiranda Donoghue | Executive Vice President; Chief Legal Officer; Secretary | Senior Management | 2021 | 45 |
| Sheri R. Grissom | Executive Vice President; Chief Transformation Officer | Senior Management | 2023 | 59 |
| John D. Lee | Chief Growth and Digital Officer; Executive Vice President | Senior Management | 2023 | 51 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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