Fortune Brands Innovations: Difference between revisions
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{{Infobox company |
{{Infobox company |
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| name = Fortune Brands Home & Security, Inc. |
| name = Fortune Brands Home & Security, Inc. |
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| type = [[Public company]] |
| type = [[Public company]] |
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| traded_as = {{NYSE|FBHS}}<br>[[S&P 500|S&P 500 Component]] |
| traded_as = {{NYSE|FBHS}}<br>[[S&P 500|S&P 500 Component]] |
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| founder = |
| founder = |
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| area_served = |
| area_served = |
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| key_people = Christopher Klein, President & CEO<ref name="Fortune Brands Home & Security">{{cite web|url=http://www.fbhs.com/leadership|title=Leadership-Executive Committee|publisher=Fortune Brands Home & Security}}</ref> |
| key_people = Christopher Klein, President & CEO<ref name="Fortune Brands Home & Security">{{cite web|url=http://www.fbhs.com/leadership|title=Leadership-Executive Committee|publisher=Fortune Brands Home & Security}}</ref> |
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| industry = |
| industry = |
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| products = Fixtures<br>hardware |
| products = Fixtures<br>hardware |
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| services = |
| services = |
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| revenue = {{increase}}[[United States Dollar|US$]] 5.0 billion <small>(''FY 2016'')</small><ref name="Yahoo! Finance">{{cite web|url=https://finance.yahoo.com/q/ks?s=FBHS+Key+Statistics|title= Fortune Brands Home & Security(FBHS)-Key Statistics|publisher=Yahoo! Finance}}</ref> |
| revenue = {{increase}}[[United States Dollar|US$]] 5.0 billion <small>(''FY 2016'')</small><ref name="Yahoo! Finance">{{cite web|url=https://finance.yahoo.com/q/ks?s=FBHS+Key+Statistics|title= Fortune Brands Home & Security(FBHS)-Key Statistics|publisher=Yahoo! Finance}}</ref> |
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| net_income = 413 million <small> (''FY 2016'')</small><ref name="Yahoo! Finance"/> |
| net_income = 413 million <small> (''FY 2016'')</small><ref name="Yahoo! Finance"/> |
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| assets = {{increase}}[[United States Dollar|US$]]5.1 billion<small> (''FY 2016'')</small><ref name="Yahoo! Finance"/> |
| assets = {{increase}}[[United States Dollar|US$]]5.1 billion<small> (''FY 2016'')</small><ref name="Yahoo! Finance"/> |
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| equity = {{increase}}[[United States Dollar|US$]]2.4 billion<small> (''FY 2016'')</small><ref name="Yahoo! Finance"/> |
| equity = {{increase}}[[United States Dollar|US$]]2.4 billion<small> (''FY 2016'')</small><ref name="Yahoo! Finance"/> |
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| owner = |
| owner = |
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| num_employees = 23,870<ref>{{Cite web|url=http://fortune.com/fortune500/fortune-brands-home-security/|title=Fortune Brands Home & Security|website=Fortune|access-date=2019-01-07}}</ref> |
| num_employees = 23,870<ref>{{Cite web|url=http://fortune.com/fortune500/fortune-brands-home-security/|title=Fortune Brands Home & Security|website=Fortune|access-date=2019-01-07}}</ref> |
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| num_employees_year = 2017 |
| num_employees_year = 2017 |
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| parent = |
| parent = |
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| divisions = |
| divisions = |
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| subsid = |
| subsid = |
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| footnotes = |
| footnotes = |
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| intl = |
| intl = |
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| company_logo = [[Image:Fortune Brands Home & Security Logo.png|220px|Fortune Brands Home & Security]] |
| company_logo = [[Image:Fortune Brands Home & Security Logo.png|220px|Fortune Brands Home & Security]] |
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| foundation = {{start date and age|2011}} |
| foundation = {{start date and age|2011}} |
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| location = [[Deerfield, Illinois]] |
| location = [[Deerfield, Illinois]] |
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| locations = |
| locations = |
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| ⚫ | |||
| caption = Building value, brand after brand |
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| ⚫ | |||
}} |
}} |
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Revision as of 00:58, 25 March 2019
 | |
| Company type | Public company |
|---|---|
| NYSE: FBHS S&P 500 Component | |
| Founded | 2011 |
| Headquarters | Deerfield, Illinois |
Key people | Christopher Klein, President & CEO[1] |
| Products | Fixtures hardware |
| Revenue |  US$ 5.0 billion (FY 2016)[2] |
| 413 million (FY 2016)[2] | |
| Total assets | US$5.1 billion (FY 2016)[2] |
| Total equity | US$2.4 billion (FY 2016)[2] |
Number of employees | 23,870[3] (2017) |
| Website | fbhs |
Fortune Brands Home & Security, Inc. (FBHS) is an American manufacturer of home fixtures and hardware, headquartered in Deerfield, Illinois. The company's product lines include Master Lock, Sentry Safe, MasterBrand Cabinets, Moen faucets, Therma-Tru entry door systems, and Waterloo tool storage products.[4] The company has said that it holds market leadership positions in all of its segments, and has 16,000 associates that generated $5.0 billion in net sales in 2016.[4]
Fortune Brands Home & Security was created on October 3, 2011 from part of the former Fortune Brands holding company.[4] The spin-off was related to the pre-announced corporate strategy of divesting unrelated product lines to focus on the liquor business.[5][6] On the day after spinning off FBHS, Fortune Brands renamed itself as Beam Inc. to reflect this new strategy.[7] Beam Inc. was subsequently purchased by Suntory to become its Beam Suntory subsidiary in April, 2014.[8][9]
On October 18, 2011, it was announced that Pershing Square Capital Management owned a 15% stake in the company, and considered its stock to be a very attractive investment.[10]
References
- ^ "Leadership-Executive Committee". Fortune Brands Home & Security.
- ^ a b c d "Fortune Brands Home & Security(FBHS)-Key Statistics". Yahoo! Finance.
- ^ "Fortune Brands Home & Security". Fortune. Retrieved 2019-01-07.
- ^ a b c Fortune Brands Home & Security Now Independent, Begins Trading on NYSE Archived October 13, 2011, at the Wayback Machine, Businesswire, October 4, 2011.
- ^ Smith, A., Jim Beam, neat, is company's new strategy, CNN Money, December 8, 2010.
- ^ Fortune Brands Announces Intent to Separate Company's Three Businesses, The Wall Street Journal, December 8, 2010.
- ^ Beam Inc. Begins Life as a Pure-Play Spirits Industry Leader Archived October 14, 2011, at the Wayback Machine, Businesswire, October 4, 2011.
- ^ Beam Suntory, Suntory press release, April 30, 2014.
- ^ Suntory Still has M&A Thirst, The Wall Street Journal, May 15, 2014.
- ^ Gammeltoft, N., and Fineman, J., Ackman Says Pershing Square Owns 15% of Fortune Brands Home, Bloomberg, Oct. 18, 2011.
External links
- Official website
- Business data for Fortune Brands Home & Security: