House of Rohl® Unveils a Line of Exquisite Toilets – Perfect for Your Next Bathroom Renovation SAINT-JÉRÔME, QC, Nov. 12, 2024 /CNW/ -- House of Rohl®, the portfolio of luxury décor brands and home of one of the most popular plumbing brands in Canada, Riobel, is proud to announce it's expanding its offerings for the bathroom with the launch of the high-performing, flawlessly designed Riobel Coriolis Toilet Collection. With the launch of Coriolis, homeowners can now complete their bathroom design projects using all House of Rohl products from faucets and hardware to showerheads, to create a cohesive space that gives a luxurious experience, without sacrificing functionality. This collection br

Highlights: Q3 2024 sales were $1.2 billion, a decrease of 8 percent versus Q3 2023; organic sales excluding the impact of China were down 5 percent Q3 2024 earnings per share (EPS) were $1.09, an increase of 2 percent versus a year ago; EPS before charges / gains were $1.16, a decrease of 3 percent versus Q3 2023 Company updates full-year 2024 guidance to reflect current market conditions and impact of recent hurricanes Fortune Brands Innovations, Inc. (NYSE:FBIN), an industry-leading innovation company whose purpose is to elevate every life by transforming spaces into havens, today announced third quarter 2024 results. "Our teams continued to execute in a very dynamic market. We

Frontdoor, Inc. (NASDAQ:FTDR), the nation's leading provider of home warranties, today announced it is expanding its exclusive agreement with Moen to install Moen Flo Smart Water Monitor and Shutoff, a water shut-off valve, in seven new states for customers who purchase Flo as part of certain marketing programs with home insurance providers. Leak detection and shut-off valves are now required by selected insurance providers in certain states. The Moen Flo device is designed to monitor water use, detect even small leaks, and will automatically shut off water to the home if a catastrophic leak is identified. Under the new agreement, effective November 1, Frontdoor will provide installations

Larson, a leader in storm door manufacturing, is proud to announce the launch of two innovative products set to modernize home protection and comfort. The new Lifestyle 2.0 Midview Screen Away and the enhanced Life-Core Composite Surface Single-Vent storm doors will be available this fall, offering homeowners unparalleled performance, sleek style and ease of installation. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241016495208/en/Larson Lifestyle 2.0 Midview Screen Away: Modern Protection Meets Sleek Design (Photo: Business Wire) Larson Lifestyle 2.0 Midview Screen Away: Modern Protection Meets Sleek Design The Lifestyle 2.0

ATLANTA, Oct. 10, 2024 (GLOBE NEWSWIRE) -- FORTNA, a leading automation and software company for the full logistics value chain, in collaboration with Moen, a prominent brand of Fortune Brands Innovations, today opened a state-of-the-art distribution center in North Las Vegas utilizing a FORTNA-designed AutoStore solution. This ribbon-cutting event marks a significant milestone in optimizing operations on the west coast for Moen. The new center is a strategic fit designed to enhance Moen's ability to service key customers and streamline distribution to other facilities. It elevates Moen's operational efficiency and service delivery across its network. "Partnering with FORTNA once aga

Fortune Brands Innovations, Inc. (NYSE:FBIN), an industry-leading innovation company focused on creating smarter, safer and more beautiful homes and improving lives, will release third quarter 2024 financial results after the market close on Wednesday, November 6, 2024. At 5:00 p.m. ET, Chief Executive Officer Nicholas Fink, Chief Financial Officer David Barry, and Vice President of Investor Relations and Corporate Affairs Leigh Avsec, will host a conference call to discuss third quarter 2024 results. A live internet audio webcast of the conference call will be available on the Fortune Brands website at https://ir.fbin.com/upcoming-events. It is recommended that listeners log on at least 1

SAN FRANCISCO, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Yale, a leader in smart home security, today launched the "Secure Start" contest, designed to help provide financial and security support for new renters. As rent prices climb and the moving process becomes more challenging—with hefty security deposits and the need for reliable home protection—Yale aims to ease some of these burdens. Starting today, a unique Instagram contest is open, offering a chance to help cover five winners' security deposits and equip their homes with the new Yale Approach™ Lock, tailor-made for renters who want a key-free smart lock upgrade. In a recent survey conducted by Yale, over 80% of people said one month of f

NEW AGREEMENT STRENGTHENS PARTNERSHIP DELIVERING EXCEPTIONAL EXPERIENCES TO HOMEBUYERS WITH UNMATCHED QUALITY AND DURABILITY NORTH OLMSTED, Ohio, Sept. 30, 2024 /PRNewswire/ -- Two leading companies in the home building industry are solidifying their relationship to deliver exceptional plumbing solutions within quality energy-efficient homes to homebuyers across the country. Moen, the leader in water experiences, has signed a multi-year agreement with Meritage Homes, the fifth-largest public homebuilder in the United States, to continue as Meritage's exclusive faucet and bath accessory supplier.

Fortune Brands Innovations, Inc. (NYSE:FBIN), an industry-leading innovation company focused on creating smarter, safer and more beautiful homes and improving lives, today announced that its Board of Directors declared a quarterly cash dividend of $0.24 per common share. The dividend is payable on December 11, 2024, to stockholders of record as of the close of business on November 22, 2024. About Fortune Brands Innovations Fortune Brands Innovations, Inc. (NYSE:FBIN), headquartered in Deerfield, Ill., is a brand, innovation and channel leader focused on exciting, supercharged categories in the home products, security and commercial building markets. The Company's growing portfolio of bran

Highlights: Q2 2024 sales were $1.2 billion, an increase of 7 percent versus Q2 2023. Organic sales were $1.1 billion, a decrease of 3 percent versus Q2 2023 Q2 2024 earnings per share (EPS) were $1.06, an increase of 33 percent versus a year ago; EPS before charges / gains were $1.16, an increase of 8 percent versus Q2 2023 Company announced a number of key milestones in its digital products strategy Company updates full-year 2024 guidance, reflecting a revised macro-economic outlook and strength in key businesses while maintaining prior mid-point of EPS before charges / gains range Fortune Brands Innovations, Inc. (NYSE:FBIN), an industry-leading innovation company focused

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Company appoints Chief Human Resources Officer and shifts current CHRO to become its dedicated Chief Transformation Officer to best support Fortune Brands' strategic growth initiatives and continue building a strong, attractive culture and workplace Fortune Brands Innovations, Inc. (NYSE:FBIN), an industry-leading home, security and commercial building products company, today announced that the Board of Directors has appointed Kristin Papesh to serve as Executive Vice President and Chief Human Resources Officer, effective November 27, 2023. Additionally, Sheri Grissom, the Company's current Chief Human Resources and Transformation Officer, will solely focus on leading the Company's Transf

Barclays analyst Matthew Bouley maintains Fortune Brands (NYSE:FBIN) with a Overweight and lowers the price target from $90 to $84.

Loop Capital analyst Garik Shmois maintains Fortune Brands (NYSE:FBIN) with a Hold and lowers the price target from $82 to $79.

6 analysts have expressed a variety of opinions on Fortune Brands (NYSE:FBIN) over the past quarter, offering a diverse set of opinions from bullish to bearish. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 0 4 0 0 Last 30D 2 0 0 0 0 1M Ago 0 0 0 0 0 2M Ago 0 0 0 0 0 3M Ago 0 0 4 0 0 Analysts have set 12-month price targets for Fortune Brands, revealing an average target of $80.67, a high estimate of $86.00, and a low estimate of $75.00. A negative shift in sentiment is evident as analysts h

Goldman Sachs analyst Susan Maklari maintains Fortune Brands (NYSE:FBIN) with a Buy and lowers the price target from $88 to $75.

Truist Securities analyst Keith Hughes maintains Fortune Brands (NYSE:FBIN) with a Buy and lowers the price target from $92 to $75.

Fortune Brands's (NYSE:FBIN) short percent of float has risen 15.35% since its last report. The company recently reported that it has 3.02 million shares sold short, which is 2.78% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.56 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interes