Fortune Brands Innovations

Q2 FY2026 EarningsQ2 FY26 results were mixed, with non-GAAP performance beating expectations while GAAP metrics were hit by a significant impairment. Adjusted EPS of $1.35 significantly outperformed the $0.82 consensus, largely driven by a $0.52 net tariff refund benefit. Revenue of $1.15B was slightly below the $1.16B consensus, down 4.1% YoY, despite a 3.8% gain in Security. FY26 adjusted EPS guidance was raised to $3.22–$3.52, primarily reflecting the non-recurring tariff windfall.