Fortune Brands Innovations Inc
FBIN: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$35.00 | Wwmwh | Rmcwptng |
Fortune Brands Should Generate Above-Market Growth Over the Longer Term
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.