secwatch.observer — SEC 8-K summary
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Issuer:     Fortune Brands Innovations, Inc. (FBIN)
CIK:        0001519751
Form:       8-K
Filed at:   2022-10-26T23:59:59+00:00
Accession:  0001157523-22-001398
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fortune Brands Q3 adj EPS $1.79 (+20% YoY), sales $2.1B (+3%); lowers FY guidance on softer market
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- GAAP EPS $1.57 (+8% YoY); adjusted EPS $1.79 (+20% YoY).
- Operating margin before charges/gains improved to 16.3% from 14.8% a year ago.
- Full-year EPS before charges/gains guidance cut to $6.20-$6.30; sales growth 4.5%-5.5%.
- Free cash flow guidance $400M-$450M; $580M in YTD share repurchases.
- Separation into two public companies progressing ahead of schedule, expected to close this year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1519751/000115752322001398/0001157523-22-001398-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1519751/000115752322001398/a52952463.htm
  HTML page:      https://secwatch.observer/filing/0001157523-22-001398

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer