Fortune Brands CEO: Remodeling Activity Starting to Stabilize -- Market Talk

Dow Jones10-31

1128 ET - Repair and remodeling activity may be hitting its bottom, says Fortune Brands Innovations Chief Executive Nicholas Fink. "The market has been flat for us on a dollar basis for 10 straight weeks, which I hate to say that it's exciting, but relative to the last two, three years, that's actually pretty decent," Fink says, adding that homeowners are tapping their home equity at much higher rates. "We believe R&R is poised to rebound in the not too distant future, driven by aging housing stock and deferred maintenance projects, as well as a consumer base which is increasingly interested in renovating their homes," Fink says. (nicholas.miller@wsj.com)

(END) Dow Jones Newswires

October 31, 2025 11:29 ET (15:29 GMT)

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