Posts Tagged ‘ Fortune Brands ’

Larson Manufacturing in Lake Mills, Iowa, to Close

Sep 22nd, 2022

Fortune Brands, the parent company of Larson Manufacturing, has announced the closure of the latter’s manufacturing plant located in Lake Mills, Iowa, with approximately 197 employees reportedly set to lose their jobs immediately or in the months to come. “Outdoors and Security announced on Tuesday, September 20, that they conducted a reduction in force impacting […]

Fortune Brands, PGT Cite Increases in Second Quarter Including Organic Growth

Jul 29th, 2022

With the second quarter closing this week, financial results from across the industry are making headlines. That includes earnings reports from Fortune Brands and PGT Innovations Inc., both of which announced “strong” performances from April through June 2022. For the second quarter of 2022, Fortune Brands reported sales of $2.1 billion, an increase of 9% […]

Second Quarter Financials Prove Market Still Has Momentum

Aug 3rd, 2021

Three door and window related companies released their second quarter financial results in recent days, all proving that the market continues to have upward momentum with no signs of a slowdown. Door and window manufacturers Jeld-Wen and Fortune Brands both increased their 2021 outlooks, while distributor Huttig Building Products reported its second consecutive quarter of […]

Fortune Brands Names David Barry as Senior Vice President, Finance and Investor Relations

Apr 8th, 2021

David Barry has been named to senior vice president, finance and investor relations for Fortune Brands, reporting to Fortune Brands’ CFO Patrick Hallinan. Barry joins the corporate Fortune Brands Home & Security, Inc. team from Fortune Brands’ Global Plumbing Group (GPG), where he most recently served as CFO and senior vice president of global finance. […]

Fenestration Companies Named by Forbes as Best Large Employers

Feb 12th, 2021

Andersen Corp., Pella Corp., Masonite and Fortune Brands (which includes Therma-Tru, Larson and Fypon), are among the top door and window related companies named to Forbes’ list of America’s Best Large Employers for 2021, which was released this week. Five hundred large employers that received the most recommendations made the cut from 50,000 employees in […]

Fortune Brands Announces Changes to Leadership

Mar 14th, 2019

In what company officials suggest is a focus on continued growth, Fortune Brands Home and Security Inc. (parent company to Therma-Tru Doors) has announced promotions to key leadership positions. Nicholas Fink has been named president and chief operating officer. “As part of our continued strategy to strengthen and position the business for the next phase […]

Therma-Tru Holds Strong Outlook as Rates Act to Stabilize Builders

Feb 1st, 2019

Officials for Fortune Brands Home and Security (parent company to Therma-Tru Doors) released fourth-quarter results yesterday, including the company’s 2019 annual outlook. Fourth-quarter sales increased 3 percent year-over-year, with full-year sales ending 4 percent higher than 2017. Expectations for 2019 go against the flow of news in recent months regarding slower construction markets, but parallel […]

Fortune Brands Posts Sales Increase, and Makes an Announcement

Aug 22nd, 2018

Fortune Brands recently released their second quarter sales, and made a huge announcement as well. The home and security company showed a 5% increase over the 2017 second quarter, making their sales $1.4 billion. Earnings per share (EPS) were $0.88, where as they were $0.90 in last year’s second quarter. Before charges and gains, the […]

Fortune Brands Expands Share Repurchase Authorization

Jul 16th, 2018

The board of directors for Fortune Brands Home & Security Inc., the parent company of Therma-Tru Doors and Master Lock security products, has authorized the repurchase of up to an additional $400 million of shares of the company’s common stock over the next two years on the open market or in privately negotiated transactions in […]

Fortune Brands Announces $300 Million Share Repurchase Authorization

Mar 3rd, 2017

Fortune Brands Home & Security Inc.,the parent company of Therma-Tru Doors and Master Lock security products, recently announced that its Board of Directors has authorized the repurchase of up to $300 million of shares of the company’s common stock over the next two years on the open market or in privately negotiated transactions in accordance […]

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.