Fortune Brands Inc
Industry: Conglomerates

Fortune Brands, Inc. is a holding company with subsidiaries engaged in the manufacture, production and sale of home products, spirits and wine, golf products and office products. MasterBrand Industries Inc. is a holding company for subsidiaries in the home products business. Subsidiaries include Moen Inc., MasterBrand Cabinets Inc., Master Lock Co. and Waterloo Industries Inc. Jim Beam Brands Worldwide, Inc. is a holding company for subsidiaries in the distilled spirits and wine business.

Business Summary
Fortune Brands, Inc. is a holding company with subsidiaries engaged in the manufacture, production and sale of Home and Hardware products, Spirits and Wine, Golf products and Office products. Home and Hardware provides kitchen cabinets, bathroom furnishings, accessories, parts and kitchen sinks, key-controlled and combination padlocks, bicycle and cable locks, built-in locker locks and other specialty security devices and related products. The Spirits and Wine segment produces or imports and markets distilled spirits, including bourbon and other whiskeys, cordials, gin, vodka and rum. The Company manufactures and distributes golf balls, golf clubs, golf shoes, golf gloves, golf bags, golf outerwear and accessories. The Office segment is engaged in designing, developing, manufacturing and marketing a wide variety of traditional and computer-related office products, supplies, personal computer accessory products, paper-based time management products, presentation aids and label products.

Financial Summary
FO is a holding company engaged in the manufacture and sale of home products, office products, golf products, and distilled spirits and wine. For the six months ended 6/30/05, revenues rose 7% to $3.86B. Net income applic. to Com. rose 15% to $352.7M. Revenues reflect robust demand for the Company's Moen, Jim Beam, Titleist, Master Lock, and cabinet brands. Net income also reflects fewer restructuring and restructuring-related charges.