Fortune Brands Reports Q3 2019 Sales and EPS Growth; Solid Progress on Strategic Initiatives in a Slowly Recovering Housing Market
Fortune Brands Home & Security, Inc. (FBHS)
Last fortune brands home & security, inc. earnings: 4/30 04:05 pm
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Source: Business Wire
Highlights from continuing operations reflect solid execution:Q3 2019 sales increased 6 percent year-over-year to $1.46 billionGlobal Plumbing Group continues to outperform end markets; expansion of wholesale distribution continues in Fiberon composite deckingQ3 2019 EPS were $0.75; EPS before charges/gains were $0.95, up 2 percentCompany tightens 2019 full-year outlook for sales growth to 5 to 6 percent and EPS before charges/gains to $3.53 – $3.63. DEERFIELD, Ill.--(BUSINESS WIRE)--Fortune Brands Home & Security, Inc. (NYSE: FBHS), an industry-leading home and security products company, today announced third quarter 2019 results.“In the third quarter our teams continued to execute well in a slower market than we initially planned and delivered solid performance while we continued to invest in our growth and take actions to overcome external pressures such as tariffs,” said Chris Klein, chief executive officer, Fortune Brands. “Beginning in September and continuing into October w
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