Fortune Brands names Amit Banati CEO as 2025 EPS falls 34% to $2.47
Fortune Brands reported lower fourth-quarter and full-year 2025 results, with earnings per share before charges down 12% in both periods. The company also said director Amit Banati will become CEO effective May 13, 2026, succeeding Nicholas Fink, who is resigning effective April 1, 2026, and issued 2026 EPS guidance before charges of $3.35 to $3.65.
Key points
- Q4 2025 net sales were $1.1 billion, down 2%; EPS before charges was $0.86, down 12%.
- Full-year 2025 net sales were $4.5 billion, down 3%; EPS before charges was $3.61, down 12%.
- 2026 guidance: EPS before charges of $3.35 to $3.65 and net sales flat to up 2.0%.
- Susan Kilsby named interim Executive Chair effective February 12, 2026, serving as principal executive officer until Banati starts.
The filing
Written by AI on Nov 8, 2026, 1:05 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 12, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.