How did FBIN's revenue and expenses shift in Q4 2024 compared to previous quarters?
4/14/2025 05:44pm
**Fortune Brands Innovations (FBIN) experienced a decline in revenue and specific shifts in expenses in Q4 2024 compared to previous quarters**:
1. **Revenue Shift**:
- FBIN's total revenue for Q4 2024 was $1.1 billion, which represents a decrease of 4.9% year-over-year.
- The reported revenue fell short of the Zacks Consensus Estimate of $1.15 billion, indicating a negative surprise of -3.61%.
2. **Expense Shift**:
- There were no available data on expenses for Q4 2024.
- However, from Q3 2024, FBIN reported a significant decline of 8.4% in revenue, which implies a corresponding decrease in expenses due to the lower sales.
3. **Comparative Insights**:
- FBIN's performance in Q4 2024 was influenced by various factors such as market softness, competition, and the impact of hurricanes.
- The company's full-year 2024 sales were flat versus 2023, with organic sales down 2% excluding China and one-time disruptions.
- FBIN's operating margin improved by 90 basis points for the full year 2024, reflecting strategic focus on profitable parts of the business.
In summary, FBIN faced challenges in Q4 2024 with a decline in revenue and no available data on expenses, but showed strategic improvements in margins despite the softer sales.