Key events, in time order
Post-earnings call reveals factors weighing on results
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Makes the faucets, doors, locks, and decking that builders and homeowners buy — think Moen taps and Master Lock padlocks, the plumbing-and-hardware aisle of a hardware store.
Revenue is USD 4.46B annually, with gross margin around 45% but net margin only 6.7% — a high-volume, mid-margin business where most profit comes from recurring replacement and renovation sales, not one-off projects.
Brands like Moen and Master Lock have decades of installer and consumer trust, and switching costs are real — plumbers and builders stick with what they know. But big-box retailers like Home Depot and Lowe's push private-label alternatives, and Amazon's market
