Welcome to our dedicated page for Fortune Brands Innovations news (Ticker: FBIN), a resource for investors and traders seeking the latest updates and insights on Fortune Brands Innovations stock.
Fortune Brands Innovations reports developments across its home, security and digital products portfolio, including Water Innovations, Outdoors and Security segment performance. Company news commonly covers quarterly results, guidance, dividends, operating priorities and product activity tied to brands such as Moen, House of Rohl, Aqualisa, Therma-Tru, Larson, Fiberon, Master Lock, SentrySafe and Yale residential.
Recurring updates also include new building-products introductions, channel and brand initiatives, governance changes and leadership transitions. The company’s disclosures connect demand trends in residential and commercial environments with product categories such as faucets, luxury hardware, sinks, door systems, decking, locks, safes and connected security products.
Therma-Tru, a leading entry and patio door manufacturer, has secured two major sustainability awards from Green Builder Media in 2025: the Sustainable Brand Leader title in the door category for the seventh consecutive year and Sustainable Product of the Year for their Veris Collection.
The Veris Collection features glass-forward aluminum door systems with advanced thermal technology, available in pivot, hinged, folding, and sliding configurations. The product line focuses on energy efficiency and durability while maintaining aesthetic appeal.
The company's commitment to sustainability is further demonstrated through their Therma-Tru Thrive initiative, partnerships with Habitat for Humanity and Yellowstone Forever, and their product certifications - including ENERGY STAR compliance in all 50 states and 99.8% NFRC certification of their products.
Moen has launched an Insurance Partner Program enabling insurance providers of all sizes to offer the Moen® Flo Smart Water Monitor and Shutoff to policyholders. The program aims to reduce water damage claims, which cost insurers over $15 billion annually.
The smart device continuously monitors water pressure and flow rate, detecting leaks as small as a drop per minute. It can automatically shut off water supply during catastrophic leaks and sends alerts through the Moen Smart Water Network App. According to a 2020 Lexis Nexis Study, the device has shown to decrease water damage claim events by 96%.
Statistics show that one in six homes will file a water damage claim over a ten-year period, with an average claim of $12,500. Insurance providers can join the program for free, access marketing materials, and refer policyholders who will purchase the device and installation directly from Moen.
Moen has announced a strategic partnership with Liberty Mutual Insurance to offer discounted Flo Smart Water Monitor and Shutoff devices to insurance policyholders. The initiative aims to reduce water damage claim frequency by up to 96% and household water waste through preventable leaks by up to 90%.
According to the announcement, insurers currently pay over $15 billion in water claim damages annually, with water-related events accounting for 24% of all homeowner insurance claims. The Flo device continuously monitors water pressure and flow rate in home pipes, detecting leaks as small as a drop per minute and can automatically shut off water supply when catastrophic leaks are detected.
Users can manage their water system through the Moen Smart Water Network App, which allows tracking water usage by fixture and setting conservation goals. This initiative addresses the significant national issue of water waste, estimated at one trillion gallons annually due to leaks.
Fortune Brands Innovations (NYSE: FBIN) has announced the appointment of Jonathan Baksht as Executive Vice President and Chief Financial Officer, effective May 5, 2025. Baksht brings nearly a decade of public company CFO experience, most recently serving as CFO of Pactiv Evergreen and previously at Valaris.
In his new role, Baksht will lead FBIN's financial planning, manage cash flow and balance sheet, and oversee all finance functions including accounting, financial planning and analysis, investor relations, treasury, tax and internal audit. He succeeds David Barry, who will continue as President of Security and Connected Products.
The company also announced it will release its first quarter 2025 financial results after market close on Tuesday, May 6, 2025, followed by an investor conference call at 5:00 p.m. ET.
Master Lock has launched its most advanced premium fireproof safe line, responding to increasing wildfire incidents across the US. The new safes feature 2-hour fire protection, withstanding temperatures up to 1850°F and are UL Classified. In 2024, there were 64,897 wildfires reported, up from 56,580 in 2023.
The safes offer ETL Verified water protection, resisting 5-inches of standing water for 24 hours. Security features include pry-resistant hinge bars and dual key systems. Four models are available: STW082GTC, STW123DUB, STW205GYC, and STW123GTC, each with varying features like digital codes, organizational compartments, and multiple locking bolts.
Yale and Master Lock, part of Fortune Brands Innovations (NYSE: FBIN), unveiled new smart lock product lines at ISC West 2025 targeting professional markets. Yale's new multi-family product line includes the Pro® 2 series (Interconnected, Mortise, and Cylindrical Locks) featuring flexible connectivity options, single action egress, and tamper-proof keyless access.
Master Lock's new commercial solutions introduce Electronic and Connected Mortise/Cylindrical Locks designed for schools, healthcare facilities, and businesses. Key features include Z-Wave and Zigbee connectivity options, keypad access, and ANSI/BHMA Grade 1 certification with 180-minute fire rating. Both product lines will be available later this year, expanding the companies' presence in professional security solutions.
Moen has unveiled its new Hot Water Savings Handheld showerhead on World Water Day 2025, designed to reduce shower water usage by over one-third when activated. The innovative device can save up to 5,500 gallons annually while maintaining shower comfort.
The showerhead features a CONSERVE button that, when activated, automatically reduces water flow to a trickle once the temperature reaches 95°F. The system maintains the warm temperature until users are ready to shower. The device meets EPA WaterSense® criteria and includes five high-performance spray settings.
Additional features include Magnetix™ technology for secure docking and release, plus a dock made from recycled ocean plastic. The product aims to address the common issue of wasting water while waiting for the shower to warm up, combining sustainability with luxury in daily shower routines.
Fortune Brands Innovations (NYSE: FBIN) has appointed Matthew Novak as executive vice president and chief supply chain officer. Novak, who joined FBIN in 2020, will oversee global operations, including strategic sourcing, manufacturing efficiency, distribution, planning, logistics, and health and safety.
With over 25 years of experience in supply chain excellence, Novak previously served as vice president of global logistics and customer service at Fortune Brands. He also worked at General Electric Lighting for 16 years and is a U.S. Army veteran with a BS in Civil Engineering from West Point.
Ron Wilson, the former chief supply chain officer, will continue in an advisory role until his retirement in April. The appointment is part of the Company's planned succession process.
Therma-Tru, a subsidiary of FBIN, will showcase its latest innovations at the International Builders' Show in Las Vegas from February 25-27. The company will display its advanced entry and patio doors, featuring the Veris Collection with new Satin privacy glass options and walnut infill panels.
The company's complete door system represents over 60 years of expertise in material science and engineering. Notable features include:
- ENERGY STAR compliance across all 50 states
- 99.8% NFRC-certified products
- Comprehensive warranty coverage
- High-end aluminum door systems with lifetime warranty
The exhibition at Booth #C3830 will also feature sister brands including Larson, Fiberon, Fypon, and Solar Innovations, showcasing over 200 combined years of material science expertise in outer home products.