Latest news with #FortuneBrandsInnovations
Yahoo
7 days ago
- Business
- Yahoo
Fiberon Partners With ‘Military Makeover' to Honor Air Force Veteran With Donated Deck
MAUMEE, Ohio, June 03, 2025--(BUSINESS WIRE)--Fiberon Decking recently joined forces with the television program "Military Makeover with Montel®" to build a deluxe deck for a military veteran. The company donated the materials for a 200-square-foot composite deck, creating an outdoor oasis for 20-year Air Force veteran Matt Kosto. "Matt served multiple deployments with the military, and we wanted to show our appreciation for his service and honor those who make the sacrifice to serve their country," said Kate Haws, director, brand communications. "Matt loves spending time outdoors with his family, so giving him a revamped, low-maintenance space to do that is our small way of giving back." The new deck features Fiberon's Good Life composite decking, perfect for creating a casual outdoor living space with an authentic wood look. Built in the color Bungalow from the Good Life Escapes collection, the deck resembles exotic hardwood in a deep, rich brown. Crucial for Kosto's Arizona-based home, the Good Life collection is Class B fire-rated, meaning it is designed to slow the spread of flames, provides an added layer of protection to the property and offers greater peace of mind. Good Life is made with 94% recycled material, combining recycled wood with the long-lasting resilience of recycled plastic. Its durable composite core resists splintering, rotting, cracking, insects and decay, and a three-sided cap layer helps resist staining and fading. The decking is backed by a 30-year performance, stain and fade warranty. As part of the project, Fiberon also provided its CountrySide railing in brown to enclose the deck. CountrySide railing strikes an ideal balance between beauty and strength, featuring an understated satin finish and clever sub-rail reinforcement. Round, matte black aluminum balusters finish the look with a unique contrast. Led by talk show legend, military advocate and veteran Montel Williams, "Military Makeover with Montel®" enlists conscientious designers, contractors, landscapers and other home improvement professionals to transform the homes and lives of military families across the country. The episode featuring Fiberon's deck for Kosto will air Friday, June 6 on Lifetime TV and American Forces Network. To learn more about Fiberon's full portfolio of decking solutions, visit About Fiberon Fiberon is a leading U.S. manufacturer of wood-alternative decking, railing and cladding distributed worldwide. Fiberon products are available in a wide range of styles and price points, all designed to respect nature while outperforming it. Fiberon is part of Fortune Brands Innovations, Inc. (NYSE: FBIN). Learn more at About Fortune Brands Innovations Fortune Brands Innovations, Inc. (NYSE: FBIN), headquartered in Deerfield, Ill., is a brand, innovation and channel leader focused on exciting, supercharged categories in the home products, security and commercial building markets. The Company's growing portfolio of brands includes Moen, House of Rohl, Aqualisa, Emtek, Therma-Tru, Larson, Fiberon, Master Lock, SentrySafe, Yale residential and August. To learn more about FBIN, its brands and environmental, social and governance (ESG) commitments, visit About Military Makeover with Montel® Military Makeover with Montel®, a BrandStar Original, is America's leading branded reality TV show that offers hope and a helping hand here on the home front to members of our military and their loved ones. A veteran of both the Marine Corps and the Navy, talk show legend and military advocate Montel Williams, who creatively co-produces the show along with a colorful cast that seeks to transform the homes and lives of military families across the country. The cast includes co-hosts Art Edmonds and designer Jennifer Bertrand. This special series enlists caring companies of all sizes as well as non-profits and the local community. Military Makeover airs on Lifetime® and on the American Forces Network which serves American servicemen and women, Department of Defense and other U.S. government civilians and their families stationed at bases overseas, as well as U.S. Navy ships at sea. Help starts at home for veterans on Military Makeover. Join us as our makeover team engages to change the living situation – and the lives – of these deserving families. View source version on Contacts Melissa Peterson317-873-8100melissa@ Inicia sesión para acceder a tu portafolio
Business Wire
7 days ago
- Business
- Business Wire
Fiberon Partners With ‘Military Makeover' to Honor Air Force Veteran With Donated Deck
MAUMEE, Ohio--(BUSINESS WIRE)--Fiberon Decking recently joined forces with the television program 'Military Makeover with Montel®' to build a deluxe deck for a military veteran. The company donated the materials for a 200-square-foot composite deck, creating an outdoor oasis for 20-year Air Force veteran Matt Kosto. 'Matt served multiple deployments with the military, and we wanted to show our appreciation for his service and honor those who make the sacrifice to serve their country,' said Kate Haws, director, brand communications. Share 'Matt served multiple deployments with the military, and we wanted to show our appreciation for his service and honor those who make the sacrifice to serve their country,' said Kate Haws, director, brand communications. 'Matt loves spending time outdoors with his family, so giving him a revamped, low-maintenance space to do that is our small way of giving back.' The new deck features Fiberon's Good Life composite decking, perfect for creating a casual outdoor living space with an authentic wood look. Built in the color Bungalow from the Good Life Escapes collection, the deck resembles exotic hardwood in a deep, rich brown. Crucial for Kosto's Arizona-based home, the Good Life collection is Class B fire-rated, meaning it is designed to slow the spread of flames, provides an added layer of protection to the property and offers greater peace of mind. Good Life is made with 94% recycled material, combining recycled wood with the long-lasting resilience of recycled plastic. Its durable composite core resists splintering, rotting, cracking, insects and decay, and a three-sided cap layer helps resist staining and fading. The decking is backed by a 30-year performance, stain and fade warranty. As part of the project, Fiberon also provided its CountrySide railing in brown to enclose the deck. CountrySide railing strikes an ideal balance between beauty and strength, featuring an understated satin finish and clever sub-rail reinforcement. Round, matte black aluminum balusters finish the look with a unique contrast. Led by talk show legend, military advocate and veteran Montel Williams, 'Military Makeover with Montel®' enlists conscientious designers, contractors, landscapers and other home improvement professionals to transform the homes and lives of military families across the country. The episode featuring Fiberon's deck for Kosto will air Friday, June 6 on Lifetime TV and American Forces Network. To learn more about Fiberon's full portfolio of decking solutions, visit About Fiberon Fiberon is a leading U.S. manufacturer of wood-alternative decking, railing and cladding distributed worldwide. Fiberon products are available in a wide range of styles and price points, all designed to respect nature while outperforming it. Fiberon is part of Fortune Brands Innovations, Inc. (NYSE: FBIN). Learn more at About Fortune Brands Innovations Fortune Brands Innovations, Inc. (NYSE: FBIN), headquartered in Deerfield, Ill., is a brand, innovation and channel leader focused on exciting, supercharged categories in the home products, security and commercial building markets. The Company's growing portfolio of brands includes Moen, House of Rohl, Aqualisa, Emtek, Therma-Tru, Larson, Fiberon, Master Lock, SentrySafe, Yale residential and August. To learn more about FBIN, its brands and environmental, social and governance (ESG) commitments, visit About Military Makeover with Montel® Military Makeover with Montel®, a BrandStar Original, is America's leading branded reality TV show that offers hope and a helping hand here on the home front to members of our military and their loved ones. A veteran of both the Marine Corps and the Navy, talk show legend and military advocate Montel Williams, who creatively co-produces the show along with a colorful cast that seeks to transform the homes and lives of military families across the country. The cast includes co-hosts Art Edmonds and designer Jennifer Bertrand. This special series enlists caring companies of all sizes as well as non-profits and the local community. Military Makeover airs on Lifetime® and on the American Forces Network which serves American servicemen and women, Department of Defense and other U.S. government civilians and their families stationed at bases overseas, as well as U.S. Navy ships at sea. Help starts at home for veterans on Military Makeover. Join us as our makeover team engages to change the living situation – and the lives – of these deserving families.
Yahoo
29-05-2025
- Business
- Yahoo
Therma-Tru Doors earns Green GOOD DESIGN® Award for its energy-efficient options for every home
MAUMEE, Ohio, May 29, 2025--(BUSINESS WIRE)--In recognition of a commitment to providing sustainable design innovation for homes across the U.S., Therma-Tru® Doors has been named a 2025 Green GOOD DESIGN® award-winner. Presented annually by The European Centre for Architecture Art Design and Urban Studies and The Chicago Athenaeum Museum of Architecture and Design, the Green GOOD DESIGN award program, "identifies and emphasizes the world's most important examples of sustainable design." Nearly all—99.8%—of Therma-Tru products are NFRC-certified, helping homeowners make informed decisions on buying products that save on energy costs. NFRC-certified products are independently tested by the National Fenestration Rating Council (NFRC) for energy performance across key categories. "Because Therma-Tru doors are qualified to help keep heating and cooling sealed inside the home, the products also deliver energy savings straight to homeowners' pockets," said Eric Dotson, vice president of product management B2B. Some of the features that help Therma-Tru doors stand out in energy efficiency include: Pressure-injected foam core: Therma-Tru's fiberglass doors feature a pressure-injected foam interior, providing four-times the insulation of a wood door, helping enhance a home's energy efficiency. Flush-glazed glass: Intentional design for exceptional performance—sleek frameless flush-glazed glass provides increased protection against air and water infiltration. Complete door systems: Therma-Tru doors and glass are engineered to work together with components like weatherstrips that help create a tighter seal and reduce air leakage around the edges. Therma-Tru's energy-efficient doors also provide points toward the U.S. Green Building Council (USGBC) Leadership in Energy and Environmental Design (LEED) certification, supporting green building goals. Therma-Tru is America's leading manufacturer of fiberglass and steel exterior door systems. Proven to perform, protect and preserve, a Therma-Tru complete door system is the culmination of more than 60 years of expertise in material science, engineering and manufacturing. The company tests its on-trend entryways against extreme environmental conditions—far beyond industry standards—to ensure maximum durability and safety. Learn more at About Therma-Tru Therma-Tru is the leading entry door brand most preferred by building professionals. Founded in 1962, Therma-Tru pioneered the fiberglass entry door industry, and today offers a complete portfolio of entry door system solutions proven to outlast and outperform wood and steel. Therma-Tru is part of Fortune Brands Innovations, Inc. (NYSE: FBIN). Learn more at About Fortune Brands Innovations Fortune Brands Innovations, Inc. (NYSE: FBIN), headquartered in Deerfield, Ill., is a brand, innovation and channel leader focused on exciting, supercharged categories in the home products, security and commercial building markets. The Company's growing portfolio of brands includes Moen, House of Rohl, Aqualisa, Emtek, Therma-Tru, Larson, Fiberon, Master Lock, SentrySafe, Yale residential and August. To learn more about FBIN, its brands and environmental, social and governance (ESG) commitments, visit View source version on Contacts Amy Evans317-873-8100amy@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21-05-2025
- Business
- Yahoo
Is Fortune Brands Innovations, Inc. (NYSE:FBIN) Trading At A 40% Discount?
Using the 2 Stage Free Cash Flow to Equity, Fortune Brands Innovations fair value estimate is US$93.35 Fortune Brands Innovations is estimated to be 40% undervalued based on current share price of US$56.44 Our fair value estimate is 42% higher than Fortune Brands Innovations' analyst price target of US$65.90 Does the May share price for Fortune Brands Innovations, Inc. (NYSE:FBIN) reflect what it's really worth? Today, we will estimate the stock's intrinsic value by taking the expected future cash flows and discounting them to today's value. One way to achieve this is by employing the Discounted Cash Flow (DCF) model. There's really not all that much to it, even though it might appear quite complex. Remember though, that there are many ways to estimate a company's value, and a DCF is just one method. Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model. Our free stock report includes 2 warning signs investors should be aware of before investing in Fortune Brands Innovations. Read for free now. We use what is known as a 2-stage model, which simply means we have two different periods of growth rates for the company's cash flows. Generally the first stage is higher growth, and the second stage is a lower growth phase. In the first stage we need to estimate the cash flows to the business over the next ten years. Where possible we use analyst estimates, but when these aren't available we extrapolate the previous free cash flow (FCF) from the last estimate or reported value. We assume companies with shrinking free cash flow will slow their rate of shrinkage, and that companies with growing free cash flow will see their growth rate slow, over this period. We do this to reflect that growth tends to slow more in the early years than it does in later years. A DCF is all about the idea that a dollar in the future is less valuable than a dollar today, so we need to discount the sum of these future cash flows to arrive at a present value estimate: 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Levered FCF ($, Millions) US$530.6m US$557.5m US$595.2m US$643.3m US$704.9m US$749.4m US$788.7m US$824.1m US$856.9m US$887.8m Growth Rate Estimate Source Analyst x3 Analyst x6 Analyst x2 Analyst x1 Analyst x1 Est @ 6.31% Est @ 5.24% Est @ 4.50% Est @ 3.97% Est @ 3.61% Present Value ($, Millions) Discounted @ 8.6% US$488 US$472 US$464 US$462 US$466 US$456 US$441 US$425 US$406 US$388 ("Est" = FCF growth rate estimated by Simply Wall St)Present Value of 10-year Cash Flow (PVCF) = US$4.5b The second stage is also known as Terminal Value, this is the business's cash flow after the first stage. For a number of reasons a very conservative growth rate is used that cannot exceed that of a country's GDP growth. In this case we have used the 5-year average of the 10-year government bond yield (2.8%) to estimate future growth. In the same way as with the 10-year 'growth' period, we discount future cash flows to today's value, using a cost of equity of 8.6%. Terminal Value (TV)= FCF2034 × (1 + g) ÷ (r – g) = US$888m× (1 + 2.8%) ÷ (8.6%– 2.8%) = US$15b Present Value of Terminal Value (PVTV)= TV / (1 + r)10= US$15b÷ ( 1 + 8.6%)10= US$6.8b The total value is the sum of cash flows for the next ten years plus the discounted terminal value, which results in the Total Equity Value, which in this case is US$11b. To get the intrinsic value per share, we divide this by the total number of shares outstanding. Relative to the current share price of US$56.4, the company appears quite good value at a 40% discount to where the stock price trades currently. The assumptions in any calculation have a big impact on the valuation, so it is better to view this as a rough estimate, not precise down to the last cent. We would point out that the most important inputs to a discounted cash flow are the discount rate and of course the actual cash flows. You don't have to agree with these inputs, I recommend redoing the calculations yourself and playing with them. The DCF also does not consider the possible cyclicality of an industry, or a company's future capital requirements, so it does not give a full picture of a company's potential performance. Given that we are looking at Fortune Brands Innovations as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt. In this calculation we've used 8.6%, which is based on a levered beta of 1.361. Beta is a measure of a stock's volatility, compared to the market as a whole. We get our beta from the industry average beta of globally comparable companies, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable business. View our latest analysis for Fortune Brands Innovations Strength Earnings growth over the past year exceeded the industry. Debt is well covered by earnings and cashflows. Dividends are covered by earnings and cash flows. Weakness Dividend is low compared to the top 25% of dividend payers in the Building market. Opportunity Annual earnings are forecast to grow for the next 3 years. Good value based on P/E ratio and estimated fair value. Threat Annual earnings are forecast to grow slower than the American market. Valuation is only one side of the coin in terms of building your investment thesis, and it is only one of many factors that you need to assess for a company. It's not possible to obtain a foolproof valuation with a DCF model. Instead the best use for a DCF model is to test certain assumptions and theories to see if they would lead to the company being undervalued or overvalued. If a company grows at a different rate, or if its cost of equity or risk free rate changes sharply, the output can look very different. Can we work out why the company is trading at a discount to intrinsic value? For Fortune Brands Innovations, we've put together three essential aspects you should further research: Risks: Be aware that Fortune Brands Innovations is showing 2 warning signs in our investment analysis , you should know about... Future Earnings: How does FBIN's growth rate compare to its peers and the wider market? Dig deeper into the analyst consensus number for the upcoming years by interacting with our free analyst growth expectation chart. Other Solid Businesses: Low debt, high returns on equity and good past performance are fundamental to a strong business. Why not explore our interactive list of stocks with solid business fundamentals to see if there are other companies you may not have considered! PS. The Simply Wall St app conducts a discounted cash flow valuation for every stock on the NYSE every day. If you want to find the calculation for other stocks just search here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
09-05-2025
- Business
- Yahoo
Why Fortune Brands Innovations, Inc. (FBIN) Nosedived on Wednesday
We recently published an article titled . In this article, we are going to take a look at where Fortune Brands Innovations, Inc. (NYSE:FBIN) stands against the other stocks. The stock market bounced back from the previous day's losses, with all major indices finishing higher as investors cheered the central bank's decision to keep interest rates unchanged. On Wednesday afternoon, the Federal Reserve kept rates steady at a range of 4.25 percent to 4.5 percent, saying that it was not in a hurry to cut rates and could still 'wait and see' the impacts of President Donald Trump's tariff policies. The Dow Jones rallied by 0.70 percent, the S&P 500 increased by 0.43 percent, and the Nasdaq grew by 0.27 percent. Beyond the major indices, bucked a broader market optimism as investors sold off on a series of disappointing news. To come up with the list, we considered only the stocks with a $2-billion market capitalization and $5-million trading volume. On-site technicians inspecting a water management system. Fortune Brands Innovations, Inc. (NYSE:FBIN) lost 8.79 percent of its valuation for a third straight day on Wednesday to close at $48.16 each after a disappointing earnings performance for the first quarter of the year. In its financial statement, Fortune Brands Innovations, Inc. (NYSE:FBIN) said that net income fell by 47 percent to $51.4 million from $96.4 million in the same period last year. Revenues also dropped by 7 percent to $1.033 billion from $1.109 billion year-on-year. Further weighing down on sentiment was the company's lack of revenue guidance for the upcoming quarters amid the ongoing uncertainties globally. However, it said that its teams are working on mitigating the expected impact of tariffs quickly and strategically through sourcing moves, cost-out opportunities, and strategic pricing. 'The company remains confident in its long-term strategy of focusing on categories driven by brands and innovation, with an emphasis on attractive areas of its core and acceleration in its digital strategy,' it said. Overall FBIN ranks 7th on our list of Wednesday's worst performers. While we acknowledge the potential of FBIN as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than FBIN but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: and . Disclosure: None. This article is originally published at .
