AI Earnings Predictions for Fortune Brands Innovations Inc. (FBIN)

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EXHIBIT 99.1

Fortune Brands Announces Third Quarter Results,

Taking Action to Revitalize the Company's Performance

Highlights:

• Q3 2026 sales were $1.1 billion, a decrease of 3.1 percent versus Q3 2025; sales excluding the impact of China decreased 2.4 percent

• Q3 2026 GAAP EPS was $0.42, inclusive of a ($0.47) asset impairment charge

• Q3 2026 EPS before charges / gains was $1.14, inclusive of a $0.28 net tax benefit and $0.14 of net tariff refunds1

• Took portfolio optimization actions related to Fiberon, the Company's China business and EMEA operating footprint

• Recently implemented leadership changes to strengthen execution and enable greater focus on individual business performance

• Updating full year 2026 guidance, reflecting actions to set up the Company for future success

DEERFIELD, Ill.--(BUSINESS WIRE)--November 3, 2026--Fortune Brands Innovations, Inc. (NYSE: FBIN) (“Fortune Brands” or the “Company”), an industry-leading home, security and digital products company, today announced third quarter 2026 results.

“Fortune Brands is in the early stages of a multi-year turnaround plan to get Back to Business. We are building from a strong foundation of brands that consumers and pros know and trust. Third quarter results were in line with our outlook excluding the tax and tariff benefits, but not where they need to be. Our biggest challenge has been our own execution, and we are taking aggressive steps to drive improvement,” said Fortune Brands Chief Executive Officer Jesse Singh.

“Service levels improved 10 percentage points in the third quarter, with fill rates in the high-90% range entering the fourth quarter. We have realigned the organization around customer-focused segments and expect to have more than 80% of our salaried workforce directly supporting a specific business by year end, up from roughly 40% at the start of the year. In addition, we have strengthened the leadership team with a new Chief Financial Officer, Chief Information Officer and Chief Legal Officer, and new leaders within each of our businesses. We remain on track for $70 million of annualized SG&A savings by the first quarter of 2027. We also entered into a purchase agreement to sell Fiberon, are exiting our commercial operations in China, which we expect to be completed by the third quarter of 2027 and are rationalizing the EMEA operating footprint of a business in our Water segment, which we expect to be completed by the fourth quarter of 2027. Together these businesses generate an annualized operating loss of approximately $50 million to $55 million on revenue of $320 million to $330 million.

“In the fourth quarter, we expect incrementally lower revenue, driven by three things: lower sales from the businesses involved in the portfolio optimization actions, incremental softening in single-family new construction, and a reduction in channel inventory. We are using this quarter’s net tax benefit to fund additional portfolio and alignment actions in the fourth quarter. The work ahead is substantial, but the opportunity is large: we have leading brands, customers and channel partners who want to win with us, and a team that is engaged and moving with urgency. I am confident that our actions will build a stronger, simpler and more customer-focused company that delivers consistent growth, margin expansion and shareholder value over the long term.”

1 Net tariff refunds include gross tariff refunds and interest income (for EPS only), partially offset by increases in directly attributable variable incentive compensation costs and taxes (for EPS only)

Third Quarter 2026 Results

($ in millions, except per share amounts)

Unaudited

Q3 2026 Total Company Results

Reported Net Sales

Operating Income/(Loss)

Operating Margin

EPS

Q3 2026 GAAP

$1,113.7

$60.4

5.4%

$0.42

Change

(3.1%)

(52.0%)

(560 bps)

(28.8%)

Reported Net Sales

Operating Income/(Loss) Before Charges / Gains

Operating Margin

Before Charges / Gains

EPS

Before Charges / Gains

Q3 2026 Non-GAAP

$1,113.7

$155.5

14.0%

$1.14

Change

(3.1%)

(24.6%)

(390 bps)

4.6%

Q3 2026 Segment Results

Net Sales

Change

Operating Margin

Change

Operating Margin

Before Charges/Gains

Change

Water Innovations2

$584.5

(5.5%)

2.3%

(2,130 bps)

17.6%

(680 bps)

Outdoors2

$347.4

0.8%

15.1%

1,660 bps

15.3%

(20 bps)

Security

$181.8

(2.4)%

21.1%

620 bps

21.3%

350 bps

2 Water sales excluding China decreased 4.3% and Outdoors sales excluding Fiberon increased 3.4%

Balance Sheet and Cash Flow

The Company ended the quarter with a strong balance sheet, liquidity of approximately $1.3 billion and net debt to EBITDA before charges and gains of 2.5x. In the quarter, the Company generated $347.0 million in operating cash flow and $331.1 million in free cash flow, while repurchasing $40 million of its shares.

As of the end of the third quarter 2026:

Net debt

$2.1 billion

Net debt to EBITDA before char

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EXHIBIT 99.1

Fortune Brands Innovations Announces First Quarter Results;

Focused on Driving Improved Execution and Offsetting Inflationary Headwinds

Highlights:

• Q1 2026 sales were $1.0 billion, a decrease of 2 percent versus Q1 2025; sales excluding the impact of China decreased 1 percent

• Q1 2026 earnings per share (EPS) were $0.20, a decrease of 52 percent versus Q1 2025; EPS before charges / gains were $0.53, a decrease of 20 percent versus Q1 2025

• Current leadership team is fully empowered to execute strategic priorities and drive performance improvement measures

• Updating full-year 2026 guidance to reflect sales in line with the market

DEERFIELD, Ill.--(BUSINESS WIRE)--May 7, 2026--Fortune Brands Innovations, Inc. (NYSE: FBIN or “Fortune Brands” or the “Company”), an industry-leading home, security and digital products company whose purpose is to elevate every life by transforming spaces into havens, today announced first quarter 2026 results.

“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,” said Fortune Brands Interim Chief Executive Officer David Barry.

First Quarter 2026 Results

($ in millions, except per share amounts)

Unaudited

Q1 2026 Total Company Results

Reported Net Sales

Operating Income

Operating Margin

EPS

Q1 2026 GAAP

$1,011.3

$60.2

6.0%

$0.20

Change

(2.1%)

(37.9%)

(340) bps

(51.8%)

Reported Net Sales

Operating Income Before Charges / Gains

Operating Margin

Before Charges / Gains

EPS

Before Charges / Gains

Q1 2026 Non-GAAP

$1,011.3

$112.1

11.1%

$0.53

Change

(2.1%)

(17.5%)

(200) bps

(19.7%)

Q1 2026 Segment Results

Net Sales

Change

Operating Margin

Change

Operating Margin Before Charges/Gains

Change

Water Innovations

$563.7

(0.3%)

18.4%

10 bps

18.8%

(120) bps

Outdoors

$294.4

(3.4%)

5.9%

(150) bps

7.4%

(300) bps

Security

$153.2

(6.0%)

14.2%

440 bps

14.2%

0 bps

Balance Sheet and Cash Flow

The Company exited the quarter with a strong balance sheet. Cash flow reflected typical seasonality; the Company closed the quarter with $(119.2) million in operating cash flow and $(139.5) million in free cash flow. In accordance with its opportunistic, returns-based share repurchase program, the Company repurchased $43.5 million of its shares in the quarter. The Company ended the quarter with more than $900 million of liquidity and net debt to EBITDA before charges and gains of 2.9x.

As of the end of the first quarter 2026:

Net debt

$2.5 billion

Net debt to EBITDA before charges / gains

2.9x

Cash

$223 million

Amount available under revolving credit facility

$695 million

2026 Full-Year Guidance

“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,” said Fortune Brands Interim Chief Financial Officer Ashley George.

2026 Financial Guidance

Prior 2026 Full-Year Guidance

Updated 2026 Full-Year Guidance

TOTAL COMPANY FINANCIAL METRICS

Net sales

Flat to 2.0%

Down low single digits

EPS before charges / gains

$3.35 to $3.65

$3.00 to $3.30

2026 Market and Financial Assumptions

Prior 2026 Full-Year Assumptions

Updated 2026 Full-Year Assumptions

MARKET ASSUMPTIONS

Global market

Down low single digits

Down low single digits

U.S. R&R

Down low single digits

Down low single digits

U.S. SFNC

Down mid single digits

Down mid single digits

TOTAL COMPANY FINANCIAL ASSUMPTIONS

Operating margin before charges / gains

14.5% to 15.5%

13.5% to 14.5%

Cash flow from operations

$540 million to $560 million

$475 million to $510 million

Free cash flow

$400 million to $450 million

$350 million to $400 million

OTHER ASSUMPTIONS

Interest Expense

$110 million to $115 million

$110 million to $115 million

Capex

$110 million to $140 million

$110 million to $125 million

Tax Rate

24.0% to 24.5%

24.0% to 24.5%

Share Count

120 million to 120.5 million

120 million to 120.5 million

For certain forward-looking non-GAAP measures (as used in this pres