Fortune Brands Home & Security (FBHS) Tops Q1 EPS by 32c, Increases 2021 Annual Outlook
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Fortune Brands Reports Exceptional Sales and Profit Growth in 1Q 2021; Increases 2021 Annual Outlook Based on Continued Expected Outperformance in a Strong Housing Market
April 29, 2021 4:05 PM EDTHighlights from operations:
Share gains, margin expansion and outstanding operational performance in a fundamentally strong end market drove exceptional growth across the Company 1Q 2021 sales increased approximately 26 percent to $1.8 billion year-over-year 1Q 2021 EPS increased 64 percent to $1.26 per share versus the prior-year-quarter; EPS before charges / gains increased 68 percent year-over-year to $1.36 Company increases 2021 full year financial outlook on continued share gains in a strong demand environmentDEERFIELD, Ill.--(BUSINESS WIRE)-- Fortune Brands Home & Security, Inc. (NYSE: FBHS, the Company, or Fortune Brands), an industry-leading home and security products company,... More
