Fortune Brands Innovations (NYSE:FBIN) reported second-quarter sales of $1.2 billion, down 4% from a year earlier, as service-level challenges in its Water segment and softer new-construction demand weighed on results. Fortune Brands expects that benefit to be fully offset by remaining related variable compensation expense. Water operating income increased 7.9% to $179 million, while operating margin expanded 390 basis points to 29.5%. For 2026, Fortune Brands maintained its expectation for net sales to decline by low single digits, though it now expects results to be slightly below the midpoint of that range. About Fortune Brands Innovations (NYSE:FBIN)Fortune Brands Innovations (NYSE: FBIN), formerly known as Fortune Brands Home & Security, is a global leader in water innovations, specializing in the design, manufacturing and marketing of plumbing fixtures, fittings and related products.