Results flattened for Fortune Brands Home & Security, Inc. (NYSE: FBHS), which includes MasterBrand and other kitchen cabinet operations, as Canada sales and home center special-orders fell.
DEERFIELD, Ill. - Cabinet, door, and security products giant Fortune Brands Home & Security announced its third quarter 2018 results.
Hurricane Florence stopped shipments at Fortune Brands for eight days.
Cabinet sales declined 2 percent versus the prior year. Excluding strategic exits from targeted U.S. home center and Canadian business, cabinet sales increased 1 percent.
A report from ResearchAndMarkets.com says top vendors covered include American Woodmark, MasterBrand (Fortune Brands Home & Security), U.K.-based Howden Joinery, Inter IKEA Systems, and Germany's Nobia.
Cabinetmaking giant MasterBrand Cabinets will open a new manufacturing facility in Mexico. The news comes a month and a half after MasterBrand suddenly shuttered its facility in Auburn, Alabama, leaving 445 unemployed.
Some 95% of homeowners say they feel in control when their home is organized. Millennials trend above average in organization impulses, says a MasterBrand Cabinets home organization survey.
Tru Cabinetry has joined Wellborn Cabinet - announcing it will hire many of the laid-off MasterBrand Cabinetry workers after MasterBrand shuttered its plant in Auburn, Alabama last Tuesday.
Thomasville Cabinetry tops Women's Choice Award for 'most recommended.' The brand made by MasterBrand Cabinets under license from Thomasville Furniture and sold at Home Depot.
Driven by sales from its Norcraft Cabinets acquisition, MasterBrand Cabinets' parent Fortune Brands Home & Security reported a 34 percent jump in cabinet sales first quarter.