Second quarter 2023 net sales and diluted loss per share in the range of previously announced outlook
Reiterates plans to realize $120 million in annualized savings in 2024 and goal to deliver $200.
Company net sales growth of +16%, driven by Abercrombie brands +26% and Hollister brands +8%Operating margin of 9.6%, a significant expansion from approximately break even last year Inventory levels.
27.07.2023 - Fortune Brands Innovations, Inc. (NYSE: FBIN or “Fortune Brands” or the “Company”), an industry-leading home, security and commercial building products company, today announced second quarter 2023 results and increased its full-year 2023 sales, EPS .