{"schema_version":"secwatch.filing_event.v1","accession":"0001157523-23-000619","form_type":"8-K","ticker":"FBIN","cik":"0001519751","company_name":"Fortune Brands Innovations, Inc.","filed_at":"2023-04-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.215001+00:00","generated_at":"2026-06-16T12:42:26.266704+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Fortune Brands Q1 sales $1.0B (-9% YoY), EPS $0.67; raises full-year EPS guidance to $3.65-$3.85","bullets":["Q1 sales $1.0B, down 9% YoY; GAAP EPS $0.67 (-29%), adjusted EPS $0.69 (-24%).","Full-year EPS guidance raised $0.05 to $3.65-$3.85; revenue view unchanged (-5% to -7%).","Segment sales: Water -8%, Outdoors -16%, Security +2%; operating margins before charges 21.6%, 5.2%, 14.0%.","Repurchased ~$100M in common stock; net debt $2.1B, net debt/EBITDA 2.3x.","Free cash flow positive in Q1; management cites proactive cost actions and inventory reductions."],"urls":{"canonical":"https://secwatch.observer/filing/0001157523-23-000619","json":"https://secwatch.observer/filing/0001157523-23-000619.json","markdown":"https://secwatch.observer/filing/0001157523-23-000619.md","text":"https://secwatch.observer/filing/0001157523-23-000619.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1519751/000115752323000619/0001157523-23-000619-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1519751/000115752323000619/a53386964.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T12:42:26.266704+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"928cdd938f533ca5bac592c692792d7540dcb73e","claim":"Fortune Brands Innovations, Inc. reported first quarter 2023 results: revenue $1.0 billion, EPS $0.67. Guidance raised.","evidence_excerpt":"Fortune Brands’ Results Solidly Ahead of Expectations Amid an Anticipated Challenging Macro Environment; Increases Full-Year 2023 EPS Guidance Highlights: Q1 2023 sales were $1.0 billion, a decrease of 9 percent versus Q1 2022 Q1 2023 earnings per share (EPS) were $0.67, a decrease of 29 percent versus a year ago; EPS before charges / gains were $0.69, a decrease of 24 percent versus Q1 2022 Full-year EPS range adjusted upward to reflect operating outperformance and share repurchases","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1519751/000115752323000619/0001157523-23-000619-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter 2023"},{"label":"Revenue","value":"$1.0 billion"},{"label":"EPS","value":"$0.67"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}