Fortune Brands Innovations, Inc. (NYSE:FBIN) Q1 2024 Earnings Conference Call April 30, 2024 5:00 PM ET
Company Participants
Leigh Avsec – Vice President-Investor Relations and Corporate Affairs
Nick Fink – Chief Executive Officer
Dave Barry – Chief Financial Officer
Conference Call Participants
John Lovallo – UBS
Phil Ng – Jefferies
Adam Baumgarten – Zelman
Stephen Kim – Evercore ISI
Matthew Bouley – Barclays
Susan Maklari – Goldman Sachs
Operator
Good afternoon. My name is Marianne. I’ll be your conference operator today. At this time, I would like to welcome everyone to the Fortune Brands First Quarter 2024 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer session.
I would now 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’ first quarter earnings call. Hopefully, everyone has had a chance to review the earnings release. The earnings release and the audio replay of this call can be found on the Investors section of our fbin.com 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 may be required by law. Any references to operating profit or margin, earnings per share or free cash flow on today’s call will focus on our results on a before charges and gains basis unless otherwise specified. Please visit our website for reconciliations. With me on the call today are Nick Fink, our Chief Executive Officer; and Dave Barry, our Chief Financial Officer. Following our prepared remarks, we have a lot of time to address some questions.
I will now turn the call over to Nick. Nick?
Nick Fink
Thank you, Leigh, and thank you to everyone for joining us today. On this call, I will walk through the highlights of our first quarter performance, give some color on the drivers of this performance, including progress on our strategic initiatives and offer some thoughts on the macro environment. I will then turn the call over to Dave for a discussion of our financial results, including how we are thinking about the remainder of 2024.