Company Profile For Fortune Brands, Inc.

Fortune Brands, Inc. (FO.N) (New York Stock Exchange)

sector: Non-Cyclical Consumer Goods & Services · industry: Beverages - Distillers & Wineries ·

As of 24 Nov 2009

39.01USD

Price Change

-0.12

Percent Change

-0.31%

Analyst Recommendations

Overview

Fortune Brands, Inc. is a holding company with operating companies engaged in the manufacture, production and sale of Spirits, Home and Hardware products, and Golf products. The Company’s principal subsidiaries are not limited by long-term debt or other agreements in their abilities to pay cash dividends or to make other distributions with respect to their capital stock or other payments to the Company. In September 2008, the Company acquired Cruzan rum business from Pernod Ricard S.A. (Pernod Ricard). In June 2009, Beam Global Spirits & Wine, Inc. (BGSW), the spirits business of the Company, acquired the EFFEN Vodka brand from the Sazerac Company, Inc.

Quick Financial Synopsis

BRIEF: For the nine months ended 30 September 2009, Fortune Brands, Inc.'s revenues decreased 16% to $5.82B. Net income from continuing operations decreased 47% to $231.3M. Revenues reflect a decrease in income from operations. Net income also reflects an increase in restructuring charges a rise in excise taxes on spirits and the presence of other expense vs. an income. Fortune Brands, inc. is a consumer brands Company.