Fortune Brands continues to gain good fortune.

The Deerfield, Ill.-based company recently released its financial results for the fourth quarter of 2014—and they spell good things for the publicly traded company.

Report highlights include:

  • Q4 sales increased 8 percent year-over-year to $1.04 billion with earnings per share (EPS) of $0.35; EPS before charges/gains increased 38 percent to $0.44;
  • Full-year 2014 net sales increased 8 percent with EPS of $1.64; EPS before charges/gains increased 27 percent to $1.74;
  • Company expects full-year 2015 EPS before charges/gains to grow to $2.00-$2.10 on sales growth of 9-11 percent; and
  • Door sales were up 12 percent with growth in both the wholesale and retail channels.

“Our teams delivered sales and profit growth in the fourth quarter against tough comparisons and as we made investments in capacity to meet long-term demand,” says CEO Chris Klein. “For the full year, we posted solid growth in a slower 2014 housing market than we initially assumed and took a number of actions to better position our businesses and portfolio for future growth.”

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