Monday, July 9, 2007

Fortune Brands, Inc.

Fortune Brands, Inc. is among the world’s largest Housewares and Specialties sector businesses in the world.  Fortune Brands, Inc.’s employees generate $776.9M in profits on $8.209B of revenue.  Global output in the Housewares and Specialties business will likely rise substantially over the next 10 years.  Long-term economic growth may lift all boats, but Fortune Brands, Inc. is determined to remain a market leader.  Sectoral leadership in the Housewares and Specialties segment takes dedication and consistency, but management seeks out-sized growth.

Fortune Brands, Inc.’s ticker symbol FO has recently been trading near $82.66 a share.  The Fortune Brands, Inc. corporate headquarters in Deerfield IL predicts Housewares and Specialties profits will satisfy shareholders in search of risk-appropriate returns.

The significance of market volume is sometimes ignored, but with a total market capitalization of $12.627B ensures sufficient liquidity.  With a beta of 0.74, the company is less volatile than the market as a whole.  When the average equity moves lower, Fortune Brands, Inc. moves less aggressively.

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