Earnings Releases·Nov 3, 2026, 4:12 PM ET

Fortune Brands Innovations, Inc. — Third Quarter 2026 Earnings Summary

Q3 2026 GAAP diluted EPS fell 28.8% year-over-year to $0.42 due to a $0.47 asset impairment charge, while non-GAAP diluted EPS rose 4.6% to $1.14; full-year 2026 GAAP net sales declined 3.2% to $3.28 billion, but non-GAAP diluted EPS increased 9.5% to $3.01.
The Company updated full-year 2026 guidance, lowering net sales to $4.205–$4.275 billion and non-GAAP EPS to $3.20–$3.30, while projecting Q4 net sales of $925–$995 million and non-GAAP EPS of $0.19–$0.29 amid expected revenue headwinds.
Strategic portfolio optimization includes a definitive agreement to sell the Fiberon business for $160 million, an exit from domestic Asian commercial markets, and planned rationalization of EMEA operations, targeting $70 million in annualized SG&A savings by Q1 2027.
Management reported $347.0 million in operating cash flow and $331.1 million in free cash flow for the quarter, alongside $40 million in share repurchases, while noting a future non-cash impairment charge of $175–$205 million for the Fiberon asset group.