| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 1.0K | 2.1% |
| Total Income | 1.0K | 2.1% |
| Expenditure | 951.10 | 1.6% |
| PBT | 33.80 | 51.3% |
| Net Profit | 24.20 | 52.9% |
| OPM | 5.95% | 3.44pp |
| NPM | 2.39% | 2.58pp |
| EPS | 0.20 | 52.4% |
Fortune Brands Innovations Reports Q1 2026 Results with Sales Down 2% and EPS Down 52% YoY
08 May 2026 · 8 May, 1:50 am
Summary
Fortune Brands Innovations, Inc. announced its first quarter 2026 results, reporting sales of $1.0 billion, a 2 percent decrease from Q1 2025. GAAP earnings per share (EPS) saw a significant decline of 52 percent to $0.20, while adjusted EPS before charges and gains decreased by 20 percent to $0.53. Management acknowledged inconsistent execution and a dynamic external environment, leading to an update in full-year 2026 guidance to reflect lower sales and EPS expectations due to increased commodity inflation and cautious consumer sentiment. Despite the challenges, the company expressed confidence in its ability to navigate the environment and position for profitable growth.
Key Highlights
- 1
Fortune Brands Innovations reported first quarter 2026 sales of $1.0 billion, marking a 2 percent decrease compared to Q1 2025.
- 2
GAAP earnings per share (EPS) for Q1 2026 significantly declined by 52 percent to $0.20 from $0.42 in Q1 2025.
- 3
Adjusted EPS before charges and gains for the first quarter was $0.53, representing a 20 percent decrease year-over-year.
- 4
GAAP operating income fell by 37.9% to $60.2 million, while operating income before charges/gains decreased by 17.5% to $112.1 million.
- 5
The company repurchased $43.5 million of its shares during the quarter as part of its opportunistic, returns-based share repurchase program.
- 6
Fortune Brands Innovations updated its full-year 2026 guidance, now expecting net sales to be down low single digits and EPS before charges/gains to range from $3.00 to $3.30, reflecting a more uncertain external environment.
Management Comments
David Barry
Our first quarter results reflect inconsistent execution and a dynamic external environment. While we are encouraged by our ability to grow sales in our Moen, House of Rohl, and Therma-Tru businesses, we recognize there is more work to do to improve our execution, optimize our structure to drive efficiencies and re-deploy capital towards our highest value creating opportunities. With a strong foundation in place and a focused set of priorities, we are confident in our ability to navigate the current environment and take the necessary actions to position the business for profitable growth over time.
Ashley George
We have updated our full-year 2026 guidance and financial assumptions to reflect sales in line with the market. Our update also reflects a more uncertain external environment due to increased commodity inflation and more cautious consumer sentiment. While near-term conditions have become more challenging, our teams are responding by taking action across the entire P&L to offset headwinds and enhance profitability. Once conditions stabilize, we believe we are well positioned to deliver improved performance and create long-term value.
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