---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-24-000132"
form_type: "8-K"
ticker: "FBIN"
cik: "0001519751"
company_name: "Fortune Brands Innovations, Inc."
filed_at: "2024-01-30T23:59:59+00:00"
generated_at: "2026-06-06T14:55:55.276875+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Fortune Brands Q4 sales up 3% to $1.16B; EPS $0.64; issues 2024 guidance; authorizes $650M buyback

## Summary
- Q4 GAAP EPS $0.64 (-35% YoY); adjusted EPS $0.95 (-11% YoY); sales $1.16B (+3% reported, -3% organic).
- Full-year 2023 sales $4.6B (-2% reported, -6% organic); GAAP EPS $3.17 (-23%); adjusted EPS $3.91 (-8%).
- 2024 guidance: organic sales -1% to +1%; adjusted EPS $4.20-$4.40; operating margin before charges/gains 16.5%-17.5%.
- Board authorized $650M share repurchase through Jan 2026, in addition to $435M remaining under prior authorization.

## SEC filing metadata
- accession: 0001157523-24-000132
- form_type: 8-K
- ticker: FBIN
- cik: 0001519751
- company_name: Fortune Brands Innovations, Inc.
- filed_at: 2024-01-30T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1519751/000115752324000132/0001157523-24-000132-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1519751/000115752324000132/a53889076.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-24-000132
- JSON: https://secwatch.observer/filing/0001157523-24-000132.json
- Plain text: https://secwatch.observer/filing/0001157523-24-000132.txt

## Key facts
- Earnings Releases
  Fortune Brands Innovations, Inc. reported Q4 2023 results: revenue $1.2 billion, EPS $0.64.
  - Period: Q4 2023
  - Revenue: $1.2 billion
  - EPS: $0.64
  - Result: reported results
  source text: Highlights: Q4 2023 sales were $1.2 billion, an increase of 3 percent over Q4 2022. Organic sales excluding the impact of the non-reoccurring 53 rd week and FX were $1.1 billion, a decrease of 3 percent versus Q4 2022 Q4 2023 earnings per share (EPS) were $0.64, a decrease of 35 percent versus a year ago; EPS before charges / gains were $0.95, a decrease of 11 percent versus Q4 2022, reflecting the impact of one-time separation items and the 53 rd week
  evidence_url: https://www.sec.gov/Archives/edgar/data/1519751/000115752324000132/0001157523-24-000132-index.htm
- Earnings Releases
  Fortune Brands Innovations, Inc. updated its full year 2024 guidance (initiated).
  - Period: full year 2024
  - Guidance: initiated
  - Result: guidance update
  source text: Company provides 2024 guidance prioritizing above-market sales performance, margin expansion and continued cash generation
  evidence_url: https://www.sec.gov/Archives/edgar/data/1519751/000115752324000132/0001157523-24-000132-index.htm
- Earnings Releases
  Fortune Brands Innovations, Inc. reported Full-year 2023 results: revenue $4.6 billion, EPS $3.17.
  - Period: Full-year 2023
  - Revenue: $4.6 billion
  - EPS: $3.17
  - Result: reported results
  source text: Full-year 2023 sales were $4.6 billion, a decrease of 2 percent over 2022. Organic sales excluding the impact of the non-reoccurring 53 rd week and FX were $4.4 billion, a decrease of 6 percent versus full year 2022 Full-year 2023 EPS were $3.17, a decrease of 23 percent versus 2022; EPS before charges / gains were $3.91, a decrease of 8 percent versus 2022, reflecting the impact of one-time separation items and the 53 rd week
  evidence_url: https://www.sec.gov/Archives/edgar/data/1519751/000115752324000132/0001157523-24-000132-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
