Fortune Brands Innovations Files 8-K
Ticker: FBIN · Form: 8-K · Filed: Feb 6, 2025 · CIK: 1519751
| Field | Detail |
|---|---|
| Company | Fortune Brands Innovations, Inc. (FBIN) |
| Form Type | 8-K |
| Filed Date | Feb 6, 2025 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01, $1 billion, $409 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-results, corporate-events
Related Tickers: FBIN
TL;DR
FBIN filed an 8-K on Feb 6th detailing Q4 results and other events.
AI Summary
Fortune Brands Innovations, Inc. filed an 8-K on February 6, 2025, reporting on events that occurred on February 4, 2025. The filing includes information regarding results of operations, financial condition, and other events, along with financial statements and exhibits. The company was formerly known as Fortune Brands Home & Security, Inc.
Why It Matters
This 8-K filing provides updates on the company's financial performance and significant events, which are crucial for investors to assess the company's current standing and future prospects.
Risk Assessment
Risk Level: low — This is a routine 8-K filing reporting on financial results and other events, not indicating any immediate or significant new risks.
Key Players & Entities
- Fortune Brands Innovations, Inc. (company) — Registrant
- Fortune Brands Home & Security, Inc. (company) — Former company name
- February 04, 2025 (date) — Earliest event reported
- February 06, 2025 (date) — Filing date
FAQ
What is the primary purpose of this 8-K filing?
The primary purpose is to report on the company's results of operations and financial condition, as well as other events and to provide financial statements and exhibits.
When was the earliest event reported in this filing?
The earliest event reported in this filing occurred on February 04, 2025.
What was Fortune Brands Innovations, Inc. formerly known as?
Fortune Brands Innovations, Inc. was formerly known as Fortune Brands Home & Security, Inc.
What is the company's principal executive office address?
The company's principal executive office is located at 520 Lake Cook Road, Deerfield, Illinois, 60015-5611.
What is the SEC file number for Fortune Brands Innovations, Inc.?
The SEC file number for Fortune Brands Innovations, Inc. is 001-35166.
Filing Stats: 613 words · 2 min read · ~2 pages · Grade level 11.1 · Accepted 2025-02-06 16:07:45
Key Financial Figures
- $0.01 — ch registered Common Stock, par value $0.01 per share FBIN New York Stock Excha
- $1 billion — horized the Company to repurchase up to $1 billion of shares of the Company's outstanding
- $409 million — pire on January 29, 2026, and which had $409 million remaining. Item 9.01 Financial Statem
Filing Documents
- fbin-20250204.htm (8-K) — 43KB
- fbin-ex99_1.htm (EX-99.1) — 2018KB
- img15918052_0.jpg (GRAPHIC) — 127KB
- 0000950170-25-015384.txt ( ) — 2411KB
- fbin-20250204.xsd (EX-101.SCH) — 23KB
- fbin-20250204_htm.xml (XML) — 4KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On February 6, 2025, Fortune Brands Innovations, Inc. (the "Company") issued a press release reporting the Company's fourth quarter and full year 2024 results, as well as certain guidance for 2025. A copy of the Company's press release is being furnished as Exhibit 99.1 to this Current Report on Form 8-K and is hereby incorporated herein by reference. The information furnished pursuant to this Item 2.02, including Exhibit 99.1, shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act") or otherwise subject to the liabilities under that section and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933 or the Exchange Act.
01 Other Events
Item 8.01 Other Events. On February 4, 2025, the Board of Directors authorized the Company to repurchase up to $1 billion of shares of the Company's outstanding common stock on the open market, in privately negotiated transactions or otherwise (including pursuant to a Rule 10b5-1 trading plan, block trades and accelerated share repurchase transactions), which share repurchase authorization will expire on February 4, 2027. This new $1 billion share repurchase authorization replaces the existing authorization, which was set to expire on January 29, 2026, and which had $409 million remaining.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press Release dated February 6, 2025, issued by Fortune Brands Innovations, Inc. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. FORTUNE BRANDS INNOVATIONS, INC. Date: February 6, 2025 By: /s/ David V. Barry Name: Title: David V. Barry Executive Vice President and Chief Financial Officer