UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549
______________

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported):  April 26, 2018


Fortune Brands Home & Security, Inc.
(Exact Name of Registrant as Specified in its Charter)

520 Lake Cook Road
Deerfield, IL 60015
(Address of Principal Executive Offices) (Zip Code)

847-484-4400
(Registrant's telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

⃞ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

⃞ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

⃞ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

⃞ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ⃞

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ⃞

Item 2.02.       Results of Operations and Financial Condition.

On April 26, 2018, the Company issued a press release reporting the Company’s first quarter 2018 results, as well as certain guidance for 2018.  A copy of the Company’s press release is being furnished as Exhibit 99.1 to this Current Report on Form 8-K and is hereby incorporated herein by reference.

The information furnished pursuant to this Item 2.02, including Exhibit 99.1, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities under that section and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933 or the Exchange Act.

Item 9.01.       Financial Statements and Exhibits.

(d)       Exhibits

            The following exhibit is being furnished as part of this Current Report on Form 8-K:

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Exhibit 99.1

Fortune Brands Reports First Quarter Sales and EPS Growth; Announces Share Repurchases and Increases Annual EPS Outlook

Highlights from continuing operations:

• Q1 2018 sales increased 6 percent year-over-year to $1.3 billion
• Q1 2018 EPS $0.49; EPS before charges/gains increased 6 percent to $0.56, and were on plan
• Company announces year-to-date share repurchases of $400 million
• Company increases full-year 2018 EPS outlook before charges/gains to $3.58 - $3.70 on sales growth of 6 - 7 percent

DEERFIELD, Ill.--(BUSINESS WIRE)--April 26, 2018--Fortune Brands Home & Security, Inc. (NYSE: FBHS), an industry-leading home and security products company, today announced first quarter 2018 results.

“In the first quarter our teams delivered solid results despite the headwind from a more normal winter weather pattern, and I am especially pleased with the strong performance of our Global Plumbing Group,” said Chris Klein, chief executive officer, Fortune Brands. “With overall housing demand indicators intact, company results meeting our expectations, the benefit from recent share repurchases and the full benefit from our pricing and targeted cost actions still to come, we are increasing our EPS outlook.”

First Quarter 2018

For the first quarter of 2018, sales were $1.3 billion, an increase of 6 percent over the first quarter of 2017. Earnings per share were $0.49, compared to $0.50 in the prior-year quarter. EPS before charges/gains were $0.56, compared to $0.53 the same quarter last year. Operating income was $119.4 million, compared to $111.0 million in the prior-year quarter. Operating income before charges/gains was $124.3 million, compared to $118.1 million the same quarter last year, up 5 percent.

“We see strong momentum coming out of the new Global Plumbing Group team and their strategy, along with share gains in doors and security, and have again taken advantage of the opportunity to repurchase our shares at attractive prices,” Klein said.

For each segment in the first quarter of 2018, compared to the prior-year quarter:

• Plumbing sales increased 19 percent with strong, double digit growth across all channels. Excluding recent acquisitions, sales increased 16 percent. Operating margin before charges/gains was 20.5 percent, an increase of 210 basis points.
• Cabinet sales declined 3 percent versus the prior year. Excluding exits from targeted U.S. homecenter and Canadian business in the prior year, cabinet sales increased 1 percent. Segment operating margin before charges/gains was 4.3 percent.

• Door sales were up 8 percent and overcame a strong prior year comparison, led by double digit growth in the wholesale channel. Operating margin before charges/gains increased 470 basis points to 12.5 percent.
• Security sales were up 4 percent versus the prior year, driven by solid growth in U.S. retail and commercial. Operating margin before charges/gains was 11.1 percent.

The Company announced that 2018 year-to-date share repurchases now total $400 million paid for approximately 6.4 million shares, of which $350 million occurred in the first quarter. “Cash was $244 million and net debt to EBITDA was 1.9 times at the end of the quarter. Along with our solid operating performance, we continue to have substantial flexibility to create incremental shareholder value through acquisitions and additional share repurchases,” said Patrick Hallinan, chief financial officer, Fortune Brands.

Annual Outlook for 2018

The Company’s 2018 annual outlook continues to be based on a U.S. home products market growth assumption of 5 to 7 percent and an assumption of 5 to 6 percent growth for the total global market. The Company expects full-year 2018 sales growth in the range of 6 to 7 percent.

The Company increased its outlook for EPS before charges/gains to be in the range of $3.58 to $3.70, which compares to 2017 EPS before charges/gains from continuing operations of $3.08.

“We are off to a solid start to the year despite the impact of winter weather, and the demand for our home and security products remains strong,” said Klein. “Overall we are growing in-line or above our market growth rate, and we now enter the busy spring selling season with the continued emphasis on growing profitably. We also remain sharply focused on driving incremental shareholder value, as we are busy evaluating a healthy pipeline of potential acquisitions as well as additional opportunities to repurchase our shares at very attractive prices,” said Klein.

The Company also expects to generate free cash flow of approximately $525 - $550 million for the full year 2018.

About Fortune Brands

Fortune Brands Home & Security, Inc. (NYSE: FBHS), headquartered in Deerfield, Ill., creates products and services that fulfill the dreams of homeowners and help people feel more secure. The Company's four operating segments are Plumbing, Cabinets, Doors and Security. Its trusted brands include Moen, Perrin & Rowe, Riobel, ROHL, Shaws and Victoria + Albert under the Global Plumbing Group (GPG); more than a dozen core brands under MasterBrand Cabinets; Therma-Tru entry door systems; and Master Lock and SentrySafe security products under The Master Lock Company. Fortune Brands holds market leadership positions in all of its segments. Fortune Brands is part of the S&P 500 Index. For more information, please visit www.FBHS.com.

CAUTIONARY STATEMENT CONCERNING FORWARD-LOOKING STATEMENTS

This press release contains certain “forward-looking statements” regarding business strategies, market potential, future financial performance, the potential of our categories and brands, and other matters. Statements preceded by, followed by or that otherwise include the words “believes,” “expects,” “estimates,” “plans,” “look to,” “outlook,” and similar expressions or future or conditional verbs such as “will,” “should,” “would,” “may” and “could” are generally forward-looking in nature and not historical facts. Where, in any forward-looking statement, we express an expectation or belief as to future results or events, such expectation or belief is based on the current plans and expectations of our management. Although we believe that these statements are based on reasonable assumptions, they are subject to numerous factors, risks and uncertainties that could cause actual outcomes and results to be materially different from those indicated in such statements. Our actual results could differ materially from the results contemplated by these forward-looking statements due to a number of factors, including the factors discussed in Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2017, filed with the Securities and Exchange Commission. The forward-looking statements included in this release are made as of the date hereof, and except as required by law, we undertake no obligation to update, amend or clarify any forward-looking statements to reflect events, new information or circumstances occurring after the date of this release.

Use of Non-GAAP Financial Information

This press release includes measures not derived in accordance with generally accepted accounting principles (“GAAP”), such as diluted earnings per share before charges/gains, operating income before charges/gains, net debt to EBITDA, operating margin before charges/gains, free cash flow and any non-GAAP sales metrics. These measures should not be considered in isolation or as a substitute for any measure derived in accordance with GAAP and may also be inconsistent with similar measures presented by other companies. Reconciliations of these measures to the most closely comparable GAAP measures, and reasons for the Company’s use of these measures, are presented in the attached pages.

DILUTED EPS BEFORE CHARGES/GAINS RECONCILIATION

For the three months ended March 31, 2018, diluted EPS before charges/gains is net income from continuing operations, net of tax including the impact from noncontrolling interests calculated on a diluted per-share basis excluding $4.9 million ($4.5 million after tax or $0.03 per diluted share) of restructuring and other charges and a net charge related to the Tax Cuts and Jobs Act of 2017 of $5.4 million ($0.04 per diluted share).

For the three months ended March 31, 2017, diluted EPS before charges/gains is income from continuing operations, net of tax and including the impact from noncontrolling interests calculated on a diluted per-share basis excluding $3.9 million ($2.9 million after tax or $0.01 per diluted share) of restructuring and other charges and asset impairment charges of $3.2 million ($3.2 million after tax or $0.02 per diluted share).

RECONCILIATION OF FULL YEAR 2018 EARNINGS GUIDANCE TO GAAP

The Company is targeting diluted EPS before charges/gains from continuing operations to be in the range of $3.58 to $3.70 per share. For the full year, on a GAAP basis, the Company is targeting diluted EPS from continuing operations to be in the range of $3.43 to $3.55 per share. Reconciliation of non-GAAP diluted EPS guidance to GAAP diluted EPS guidance cannot be provided without unreasonable efforts on a forward-looking basis due to the high variability and low visibility with respect to gains and losses associated with our defined benefit plans and restructuring and other charges, which are excluded from the diluted EPS before charges/gains. In addition, the Company's GAAP EPS range assumes the Company incurs no gains or losses associated with its defined benefit plans during 2018.

(b) (d) For definitions of Non-GAAP measures, see Definitions of Terms page

CONTACT:
INVESTOR and MEDIA CONTACT:
Fortune Brands Home & Security, Inc.
Kaveh Bakhtiari
847-484-4573
kaveh.bakhtiari@fbhs.com