Fortune Brands Innovations, Inc. (NYSE:FBIN) Q3 2023 Earnings Conference Call October 25, 2023 5:00 PM ET

Company Participants

Leigh Avsec - Vice President of Investor Relations & Corporate Affairs

Nicholas Fink - Chief Executive Officer

Patrick Hallinan - Senior Vice President & Chief Financial Officer

David Barry - Executive Vice President & Chief Financial Officer

Conference Call Participants

Matthew Bouley - Barclays

John Lovallo - UBS

Stephen Kim - Evercore ISI

Michael Rehaut - JPMorgan

Adam Baumgarten - Zelman & Associates

Phil Ng - Jefferies

Operator

Good afternoon. My name is Camilla and I will be your conference operator today. At this time, I would like to welcome everyone to the Fortune Brands Third Quarter 2023 Earnings Conference Call. [Operator Instructions]

I would like to turn the call over to Leigh Avsec, Vice President of Investor Relations and Corporate Affairs. You may begin the conference call.

Leigh Avsec

Good afternoon, everyone and welcome to the Fortune Brands Innovations third quarter 2023 earnings call. Hopefully, everyone has had a chance to review our earnings release and supplemental financials. The earnings release and the audio replay of this call can be found in the Investors Section of our website.

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 required by law. Any references to operating profit or margin, earnings per share or free cash flow in today's call will focus on our results on a before charges and gains basis, unless otherwise specified. Please visit our website for a reconciliation.

With me today on the call are Nick Fink, our Chief Executive Officer; and Dave Barry, our Chief Financial Officer. Following our prepared remarks, we have allowed time to address some questions.

I will now turn the call over to Nick. Nick?

Nicholas Fink

Thank you, Leigh and thank you to everyone for joining us today. On this call, I will walk through the highlights of our third quarter performance and offer some thoughts on the macro environment. I will also give an update on our ongoing evolution into a tightly aligned company, focused on brands, innovation and channel. I will then turn the call over to Dave for a discussion of our financial results, our updates to our guidance for the remainder of 2023 as well as some thoughts on our emerging expectations for 2024.