Fortune Brands Innovations releases Q2 2026 earnings call transcript

FBIN•2026-08-05

Fortune Brands Innovations hosted its Q2 2026 earnings call on Aug. 4, led by CEO Jesse Singh, COO Dave Barry, and interim CFO Ashley George.
Full-year EPS guidance was cut to $3.22-$3.52, including $0.52 from anticipated net tariff refunds; excluding refunds, EPS is seen at $2.70-$3.00.
Q2 recognized $122 million in gross tariff refunds; $81 million flowed to operating income, lifting EPS by $0.52. The company had collected $56 million through July 31.

Management flagged Water underperformance tied to service and S&OP disruptions.
Q2 ex-China sales fell 5.4%, reflecting low-single-digit price and high-single-digit volume declines.
A strategic review of Fiberon is underway.
The company is targeting a $70 million cost program by Q1 2027, with $15 million expected in 2026.

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