February 4, 2011

Pointing to strength across all of its major businesses, Fortune Brands posted fourth-quarter sales of $1.90 billion, up 5% from the prior-year quarter, with the home and security division up 2%. Net income was $85.4 million, compared with $11.5 million in the prior year.

"Our determination to go on offense during the economic downturn and boost strategic investment across our businesses made a big impact in 2010," said CEO Bruce Carbonari.