Fortune Brands Innovations (FBIN) reported net sales of $1,149.2 million for the third quarter ended September 27, 2025, a slight decline from $1,155.3 million a year earlier.
Due in part to a $50.1 million asset impairment charge, operating income dropped drastically to $125.9 million from $205.1 million the previous year.
After reaching $136.6 million the year before, net income for the third quarter fell to $70.8 million. EPS dropped to $0.59 from $1.09 in the previous year. Net income for the year decreased from $366.8 million to $222.4 million.
FBIN closed Thursday's trading at $49.37 down $1.31 or 2.58 percent on the New York Stock Exchange.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.