Posts Tagged ‘ Fortune Brands Home & Security Inc. ’

Fortune Brands Splits into Two Publicly-Traded Companies

Apr 29th, 2022

Along with its report for the first quarter of 2022, home and security products company Fortune Brands Home & Security Inc., headquartered in Deerfield, Ill., announced a split into two publicly-traded companies. Fortune Brands announced on Thursday, April 28 that the split comes with the pursuit of a tax-free spinoff for its cabinets business. New […]

Fortune Brands Announces $750 Million Share Repurchase Authorization

Mar 4th, 2022

Fortune Brands Home & Security Inc., a home and security products company, has announced that its Board of Directors authorized the repurchase of up to $750 million of shares of the company’s outstanding common stock over the next two years on the open market or in privately negotiated transactions in accordance with applicable securities laws. […]

Fortune Brands Announces $750 Million Share Repurchase Authorization

Mar 3rd, 2022

Fortune Brands Home & Security Inc., a home and security products company, has announced that its Board of Directors authorized the repurchase of up to $750 million of shares of the company’s outstanding common stock over the next two years on the open market or in privately negotiated transactions in accordance with applicable securities laws. […]

Fortune Brands Named to Fortune Magazine’s List of World’s Most Admired Companies

Feb 8th, 2022

Fortune Brands Home & Security Inc., a home and security products company, has been named to Fortune magazine’s List of World’s Most Admired Companies for 2022. “It is an honor to once again be featured on Fortune’s list of the world’s most admired companies,” said Nicholas Fink, CEO. “This recognition demonstrates that our commitment to […]

Fortune Brands Reports 2021 Growth

Feb 4th, 2022

Fortune Brands Home & Security Inc., a home and security products company, announced full-year financial results for 2021, which include $7.7 billion in sales, an increase of approximately 26% over 2020. Operating income was $1.1 billion, compared to $801.4 million in the prior year, an increase of 36%. “Our teams’ performance was exemplary in 2021,” […]

Fortune Brands Acquires Solar Innovations; Further Expands Outdoor Living Offerings

Feb 1st, 2022

Fortune Brands Home & Security Inc. announced it has acquired Solar Innovations LLC, producer of wide-opening exterior door systems and outdoor enclosures. Solar Innovations will be part of Fortune Brands’ Outdoors & Security business segment, and Fortune says Solar Innovations’ product offerings will support the segment’s outdoor living strategy and help Fortune Brands to further […]

Fortune Brands Recognized by Newsweek as One of America’s Most Responsible Companies

Dec 10th, 2021

For the third year in a row, Fortune Brands Home & Security Inc., a home and security products company, was listed on Newsweek’s 2022 list of America’s Most Responsible Companies. The company ranked No. 14 in the Consumer Goods category, and No. 110 of 500 companies overall, moving up more than 100 spots on this […]

Fortune Brands Reports Strong Third Quarter

Oct 28th, 2021

Fortune Brands Home & Security Inc., a home and security products company, recently announced its third quarter 2021 results, which included sales that approached $2.0 billion, an increase of 20% over the third quarter of 2020. Earnings per share (EPS) were $1.45, an increase over the $1.17 from the prior-year quarter. EPS before charges/gains were […]

Fortune Brands’ Acquisition of Larson Complete

Dec 15th, 2020

A month after the announcement dropped that Fortune Brands Home & Security Inc., a home and security products company, was to acquire Larson Manufacturing, a brand of storm, screen and security doors, the transaction is now complete. Fortune Brands announced yesterday that Larson is now part of Fortune Brands’ Outdoors & Security segment. The company […]

Fortune Brands Increases Quarterly Dividend for 8th Consecutive Year

Dec 9th, 2020

Home and security products company Fortune Brands Home & Security Inc., announced that its Board of Directors has declared a quarterly cash dividend of $0.26 per common share. According to the company, that’s an 8% increase in the quarterly dividend, and represents the Board’s continued confidence in the Company’s long-term cash flow potential as well […]

X
This site uses cookies which allow us to give you the best browsing experience possible. Cookies are files stored in your browser and are used by most websites to help personalize your web experience. By continuing to use our website, you are agreeing to our use of cookies. To find out more, please see our Privacy Policy.