Fortune Brands Home & Security (FBHS) Tops Q4 EPS by 3c
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Fortune Brands Reports Strong Sales, Profit and EPS Growth in 4Q and Full Year 2021; Company Initiates 2022 Annual Outlook Reflecting Continued Market Outperformance and Margin Expansion
February 2, 2022 4:05 PM ESTHighlights from operations:
4Q and Full-Year 2021 sales increased 18 percent and 26 percent year-over-year, respectively, to $2.0 billion and $7.7 billion 4Q and Full-Year 2021 EPS increased to $1.28 and $5.54; EPS before charges / gains increased 6 percent and 37 percent year-over-year, respectively, to $1.32 and $5.73 Company introduces 2022 financial guidance, driven by a positive long-term outlook for housing, enhanced growth initiatives and further margin expansionDEERFIELD, Ill.--(BUSINESS WIRE)-- Fortune Brands Home & Security, Inc. (NYSE: FBHS, the Company, or Fortune Brands), an industry-leading home and security products company, today announced fourth quarter and full-year 2021... More

