Fortune Brands Innovations — Aug 4, 2026 release
Fiscal 2026 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001193125-26-332793
Showing in the filing
EPS before charges / gains
“$3.00 to $3.30”
Period
FY2026
Measure
GAAP-tied
Source
Guidance table
All guidance in this release · 14
Net tariff refund 1 benefit to EPS for FY2026
“$0.52”
Net tariff refunds benefit to full year EPS for FY2026
“$0.52”
EPS before charges / gains for FY2026
“$3.00 to $3.30”
Global market for FY2026
“Down low single digits”
U.S. SFNC for FY2026
“Down mid single digits”
Operating margin before charges / gains for FY2026
“13.5% to 14.5%”
Net tariff refund 1 benefit to Operating Inc… for FY2026
“$81 million”
Net tariff refunds benefit to full year Oper… for FY2026
“$81 million”
Cash flow from operations for FY2026
“$475 million to $510 million”
Free cash flow for FY2026
“$350 million to $400 million”
Interest Expense for FY2026
“$110 million to $115 million”
Capex for FY2026
“$110 million to $125 million”
Tax Rate for FY2026
“24.0% to 24.5%”
Share Count for FY2026
“120 million to 120.5 million”
Exhibit 99.1 · the passage around this item
… earlier in the release
2026 Financial Guidance
Prior 2026 Full-Year Guidance
Updated 2026 Full-Year Guidance
TOTAL COMPANY FINANCIAL METRICS
Net sales
Down low single digits
Down low single digits
EPS before charges / gains
$3.00 to $3.30
$3.22 to $3.52
Net tariff refund 1 benefit to EPS
$0.52
2026 Market and Financial Assumptions
Prior 2026 Full-Year Assumptions
Updated 2026 Full-Year Assumptions
MARKET ASSUMPTIONS
Global market
Down low single digits
Down low single digits
U.S. R&R
Down low single digits
Down low single digits
U.S. SFNC
Down mid single digits
Down mid single digits
TOTAL COMPANY FINANCIAL ASSUMPTIONS
Operating Margin before charges / gains
13.5% to 14.5%
14.0% to 15.0%
Net tariff refund 1 benefit to Operating Income
$81 million
Cash flow from operations
$475 million to $510 million
$495 million to $530 million
Free cash flow
$350 million to $400 million
$370 million to $420 million
1 Net tariff refunds include anticipated gross tariff refunds, partially offset by increases in directly attributable variable incentive compensation costs and taxes (for EPS only)
Prior 2026 Full-Year Assumptions
Updated 2026 Full-Year Assumptions
OTHER ASSUMPTIONS
Interest Expense
$110 million to $115 million
$10
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.