Fortune Brands Innovations, Inc. (NYSE:FBIN) Q4 2022 Earnings Conference Call February 16, 2023 5:00 PM ET

Company Participants

Leigh Avsec - Vice President, IR and Corporate Affairs

Nicholas Fink - Chief Executive Officer

Patrick Hallinan - SVP & CFO

David Barry - EVP and Incoming CFO

Conference Call Participants

Susan Maklari - Goldman Sachs

Matthew Bouley - Barclays

Adam Baumgarten - Zelman & Associates

Stephen Kim - Evercore ISI

Operator

Greetings. At this time, I'd like to welcome everyone to the Fortune Brands Fourth Quarter 2022 Earnings Conference Call All lines have been placed on mute to prevent any background noise. [Operator Instructions].

I'd now like to turn the conference over to Leigh Avsec, Vice President, Investor Relations and Corporate Affairs. You may begin our conference call.

Leigh Avsec

Good afternoon, everyone, and welcome to the Fortune Brands Innovations' fourth quarter and full year 2022 earnings call and webcast.

Hopefully, everyone has had a chance to review the earnings release issued earlier. The earnings release and audio replay of the webcast of this call can be found in the investors section of our website, fbin.com.

I want to remind everyone that the forward-looking statements we make on the call today, either in our prepared remarks or in the associated question-and-answer session, are based on current expectations and market outlook and are subject to certain risks and uncertainties that may cause actual results to differ materially from those currently anticipated. These risks are detailed in our various filings with the SEC. The company does not undertake any obligation to update or revise any forward-looking statements, except as may be required by law.

Any references to operating income, margin, EBITDA, earnings per share or cash flow on today's call will focus on our results on a non-GAAP before charges and gains basis, unless otherwise specified. Please visit our website for a full reconciliation.

Joining me on the call today are Nick Fink, our Chief Executive Officer, Pat Hallinan, our Chief Financial Officer; and Dave Barry who, as we recently announced, will be succeeding Pat as our next Chief Financial Officer in early March. Following our prepared remarks, we have allowed time to address some questions.

I will now turn the call over to Nick.

Nicholas Fink

Thank you, Leigh, and thank you to everyone for joining us today for our first earnings call as Fortune Brands Innovations. As we detailed during our recent Investor Day, Fortune Brands Innovations is a growth company powered by secular tailwinds, underpinned by leading brands, innovation and channel management and supported by our Fortune Brands Advantage.