Fortune Brands Reports Strong Sales and EPS Growth in Q4 and Full Year 2019; Provides 2020 Annual Outlook for Continued Growth
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:Q4 2019 sales increased 4 percent year-over-year to $1.5 billion with EPS of $0.74, an increase of 23 percent; EPS before charges / gains increased 16 percent to $1.00Full-year 2019 sales increased 5 percent to approximately $5.8 billion, 6 percent excluding FX, with EPS of $3.06, an increase of 15 percent; EPS before charges / gains increased 8 percent to $3.60Company expects full-year 2020 EPS before charges / gains to grow to $3.83 - $4.03 on sales growth of 5 percent to 6 percent DEERFIELD, Ill.--(BUSINESS WIRE)--Fortune Brands Home & Security, Inc. (NYSE: FBHS), an industry-leading home and security products company, today announced fourth quarter and year end 2019 results.“Our strong results during the fourth quarter reflect our team’s ability to execute well in a housing market with modest growth and tariff challenges,” said Nicholas Fink, chief executive officer, Fortune Brands. “Our Plumbing business continues to outperform its market
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