Fortune brands announces intent to separate into two world class publicly traded companies; reports 1q 2022 results ahead of consensus and raises full-year eps outlook while maintaining operational guidance

Deerfield, il.--(business wire)--fortune brands home & security, inc. (nyse: fbhs, the “company”, or “fortune brands”), an industry-leading home and security products company, today announced that it intends to separate into two publicly traded companies and also reported first quarter 2022 results. summary of intent to separate fortune brands into two world class companies fortune brands' board of directors authorized the company to pursue a tax-free spin-off of its cabinets business into
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