Fortune Brands Innovations Inc
FBIN: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $14.00 | Qyjkvr | Wrnzttkg |
Fortune Brands' Fortunes Improving as It Completes Cabinets Spinoff
Business Strategy and Outlook
Since spinning off from its holding company Fortune Brands Inc. in 2011, Fortune Brands Innovations has achieved solid top-line growth and improved profitability. Its improved financial performance has been the result of a successful operating strategy overlaying a backdrop of strengthening new home construction and repair and remodel, or R&R, spending.