$38.42 -1.16 (-2.93%)
11/27/2009 1:01 PM

Fortune Brands, Inc. (FO)

CAPS Rating: 5 out of 5

A holding company with operating companies engaged in the manufacture, production and sale of Home and Hardware products, Spirits and Wine and Golf products.

Results 1 - 10 of 10

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Member Avatar brianpivar (97.70) Submitted: 10/19/2009 2:44:05 AM : Underperform Start Price: $42.96 FO Score: +11.03

Earnings down from this quarter a year ago nearly 50%, P/E at 60, stock has gained 15% in a year, yet earnings have dropped 50%, time for a pullback?

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Member Avatar bagdropboy (59.53) Submitted: 8/16/2009 3:17:38 AM : Underperform Start Price: $38.63 FO Score: +11.93

Fortune Brands is a relatively safe company overall. But their exposure to the golf industry and the housing industry will drag the stock down. The spirit sales will maintain stable with natural increases throughout the holiday season. But again it won't be enough to rally this stock. Look for Fortune Brands to turn around in the spring of 2010.

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Member Avatar JerryDreamer (< 20) Submitted: 8/2/2009 8:44:21 PM : Underperform Start Price: $39.26 FO Score: +12.37

There is less momentum, less volume, and less buying going on. We are in the last part of this rally.

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Member Avatar Paramnesia1930 (98.20) Submitted: 7/31/2009 7:00:53 PM : Underperform Start Price: $39.26 FO Score: +12.37

The 1929-1930 equity rally (coming out of The Great Depression) lasted 147 days and the market was up 46%. It has been the same amount of time since the March, 2009 low and we are up about the same percentage. It’s déjà vu (paramnesia), so prepare for a drop of about the same percentage (85%).

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Member Avatar babyruth29 (80.23) Submitted: 8/12/2008 9:59:32 PM : Underperform Start Price: $58.66 FO Score: +22.42

I wonder when they will recover from bad news on the housing front?

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Member Avatar godsmacks1 (98.13) Submitted: 12/21/2007 4:40:28 AM : Underperform Start Price: $70.08 FO Score: +22.66

home furnishings and fixture sector

mortgage problems kills furnishings

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Member Avatar Mattd46612 (88.78) Submitted: 7/9/2007 11:06:16 PM : Underperform Start Price: $76.93 FO Score: +25.80

Great company just a bad time right now.

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Member Avatar NetscribeConsGds (93.48) Submitted: 5/15/2007 7:31:31 AM : Underperform Start Price: $73.76 FO Score: +24.78

Fortune brands with unfortunate products!!!

The U.S. economy is struggling with downturn in housing market. The U.S. mortgage default rates hit an all-time high in the first quarter of 2007 and has refrained people to renovate their home. Fortune brand seems to be the victim of cruel housing market environment, which derives more than half of its revenues from Home and Hardware segment.

Revenues for first quarter of 2007 from Home and Hardware segment declined a mere 1% despite a decline of more than 10% in the U.S. home products market. Revenues benefited from acquisition of Simonton, new products and line extensions. While comparable sales for our Home products brands were off in the range of 10%. The Spirit and Wine segment displayed some resistance by posting a positive growth in operating profit. However, the transition in distribution for Spain to its Maxxium Worldwide joint venture has dragged down the revenue growth by 9% in Sprit and Wine segment. Strong global consumer demand for our premium and super-premium spirits and wine brands drove mid-single-digit growth in distributor case volume shipments, led by double-digit growth for Sauza, Courvoisier and Teacher's.

The company expects that the downturn in the overall U.S. home products market would persist and would display double-digit rate decline in 2007. Consequently, this will to continue to impact results for home products brands. However, the company believes strong performance in Spirits and Wine and growth in Golf will help offset lower results for our home products brands. But in reality it seems a tough ask for the company to break-even, unless and until it shifts a major part of its portfolio towards Spirits and Wine segment.

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Member Avatar jkotler001 (< 20) Submitted: 2/21/2007 9:00:05 AM : Underperform Start Price: $77.12 FO Score: +30.05

Dividend is nice by boring stock.

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Member Avatar TRBaker (93.99) Submitted: 10/9/2006 3:58:35 PM : Underperform Start Price: $68.99 FO Score: +30.49

Housing market will be soft for next 6 months, Golf business is flat, and Spirits acquisition has depleted cash and negatively affected credit rating.

Results 1 - 10 of 10

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