Fiberon Unveils Revolutionary Composite Decking Product Novus
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 6 days ago
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Should l Buy FBIN?
Source: Newsfilter
- Product Launch Highlight: Fiberon will unveil its Novus composite decking at the 2026 International Builders' Show, combining a photo-realistic wood appearance with a new thermoset shell that prevents scratches and dents, marking a significant innovation in the composite decking industry.
- Technological Innovation: Utilizing precise image-capture technology, Novus deck boards preserve the authentic look of real wood and come with a 50-year warranty, ensuring lasting aesthetics and reflecting Fiberon's high standards in product management.
- Sustainability Advantage: Made from recycled plastics and reclaimed wood, Novus aims to reduce deforestation while offering luxury aesthetics, and it is Fiberon's most slip-resistant board, ensuring user safety year-round.
- Exhibition Experience: Attendees at the IBS can experience Novus firsthand at Fiberon's booth, comparing it side-by-side with real wood, further solidifying Fiberon's leadership position in the composite decking market.
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Analyst Views on FBIN
Wall Street analysts forecast FBIN stock price to rise
10 Analyst Rating
4 Buy
5 Hold
1 Sell
Moderate Buy
Current: 62.300
Low
50.00
Averages
62.63
High
79.00
Current: 62.300
Low
50.00
Averages
62.63
High
79.00
About FBIN
Fortune Brands Innovations, Inc. is focused on the home products, security and commercial building markets. The Company's segments include Water, Outdoors and Security. The Water segment manufactures or assembles and sells faucets, accessories, kitchen sinks and waste disposals. The Outdoors segment manufactures and sells fiberglass and steel entry door systems; storm, screen and security doors; composite decking, railing and cladding; urethane millwork, and wide-opening exterior door systems and outdoor enclosures. This segment sells products principally in the United States and Canada. The Security segment’s products consist of locks, safety and security devices, connected and mechanical lock out tag out solutions and electronic security products, and fire resistant safes, security containers and commercial cabinets. Its portfolio of brands includes Moen, House of Rohl, Aqualisa, SpringWell, Therma-Tru, Larson, Fiberon, Master Lock, SentrySafe and Yale residential.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Cost Control Measures: Management plans to address profitability challenges through a 10% reduction in headquarters workforce and implementing $35 million in annualized operating income savings, which, while not included in the 2026 guidance, is expected to positively impact future financial performance.
- Cautious Future Outlook: The company projects net sales growth for 2026 to be “approximately flat to 2%” and expects EPS between $3.35 and $3.65, with management explicitly stating no anticipated near-term demand recovery, reflecting a cautious stance on future market conditions.
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- Annual Performance Issues: For the full year, Fortune's sales fell 3% to $4.5 billion, while GAAP profits crashed 34% to $2.47 per share, highlighting operational challenges amid a
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- Sales and Profit Decline: Q4 sales fell 2% year-over-year, while earnings plummeted 25%, with GAAP profits at only $0.66, highlighting significant profitability challenges amid a 'challenging external environment' and raising concerns about future growth prospects.
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- Management Changes: New CEO Amit Banati is set to take over on May 13, 2026, from Nicholas Fink, who is leaving possibly due to the company's poor performance, with Banati facing the challenge of achieving only flat to 2% sales growth targets.
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