Fortune Brands Innovations

Q3 FY2026 EarningsFBIN.US Q3 FY26 results missed consensus on the top and bottom lines: revenue was $1,113.7M vs. $1,123.6M expected, and normalized EPS was significantly impacted by asset impairments. The $303.1M YTD impairment (primarily Fiberon) and a $73.8M Q3 charge drove GAAP Diluted EPS to $0.42, missing the $0.74 consensus. While the Water segment faced a 90.9% operating income decline due to impairments, the sale of Fiberon for $160M is expected to close in Q4 FY26, potentially simplifying the portfolio despite an anticipated loss on sale of up to $205M.