Fortune Brands Innovations To Sell Fiberon Decking Business To Inteplast For $160M; Expects Additional Impairment Charge Of Up To $205M
As previously disclosed, as of June 27, 2026, Fortune Brands Innovations, Inc. (the "Company") performed a recoverability test of the Company’s Fiberon asset group within the Outdoors segment under Accounting
Fortune Brands is selling its Fiberon decking business for $160 million. The company expects to take a big loss on this sale, showing the business didn't perform as well as hoped.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.