Griffon

Griffon Corp. is a diversified management and holding company, which conducts business through its subsidiaries. It provides direction and assistance to its subsidiaries in connection with acquisition and growth opportunities. It operates through the Consumer and Professional Products and Home and Building Products segments. The Consumer and Professional Products segment sells products globally through a portfolio of brands including True Temper, AMES, and ClosetMaid. The Home and Building Products segment conducts its operations through Clopay. The company was founded on May 18, 1959 and is headquartered in New York, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

GFF reports strong Q1 performance, raises guidance, and returns to shareholders

GFF's Q1 2023 earnings call highlighted strong performance in the Home and Building Products segment, while the Consumer and Professional Products segment faced challenges. The company raised its full-year segment EBITDA guidance and announced significant returns to shareholders. GFF expressed confidence in its long-term prospects and strategic plans, despite challenges.

Griffon focuses on strategic plan execution amid segment performance

Griffon Corporation prioritizes executing its strategic plan to maximize shareholder value, focusing on operational excellence and growth opportunities.
While facing challenges in the Consumer and Professional Products segment, Griffon leverages strengths in the Home and Building Products segment to drive revenue growth.
The company's strategic initiatives, including a share buyback program and global sourcing expansion, position Griffon for long-term success and value creation for shareholders.
Griffon's updated financial guidance and increased dividend reflect confidence in its ability to navigate challenges and capitalize on growth opportunities.

Griffon Corporation exceeds Q3 expectations, faces segment challenges

Griffon Corporation delivered strong Q3 results driven by the Home & Building Products segment, while addressing challenges in the Consumer and Professional Products segment. The company's capital allocation actions and raised guidance reflect confidence in its strategic direction, despite revenue decline.

Griffon reports mixed Q4 results, optimistic about future growth

Griffon remains optimistic about future growth and maintaining strong margins in both the Home and Building Products and Consumer and Professional Products segments. The company plans to continue using free cash flow for capital allocation, focusing on share repurchases, debt reduction, and dividends.

Griffon reports solid Q1 results, poised for growth opportunities

Griffon Corporation demonstrated resilience and operational strength in Q1 2024, with solid financial performance, improved profitability in CPP, and consistent results in HBP.
While facing challenges such as revenue declines in CPP and HBP, Griffon's focus on cost management and strategic initiatives positions the company well for future growth.
Opportunities lie in further margin expansion, capital allocation strategies, and maintaining financial targets, showcasing Griffon's potential for sustained success in a competitive market.
Overall, Griffon's Q1 performance reflects a balanced approach to financial management, shareholder value creation, and operational efficiency, setting a positive trajectory for the year ahead.

Griffon reports mixed Q2 results, raises guidance on strategic confidence

Griffon Corporation's Q2 2024 performance reflected a mix of strengths and challenges across its business segments, with notable improvements in gross profit and net income despite revenue and EBITDA declines.
The company's strategic focus on capital allocation, global sourcing initiatives, and operational efficiencies positions it well for future growth and value creation.
By addressing challenges in specific markets and leveraging opportunities in its successful segments, Griffon aims to drive sustained performance and capitalize on its strong outlook for the full year.

Griffon reports solid Q3 results, focuses on growth strategies

Griffon Corporation's Q3 performance showcased strength in EBITDA margins and capital allocation strategy execution.
While facing revenue declines and segment challenges, the company's focus on debt reduction and acquisitions presents growth opportunities.
Addressing challenges through cost-saving measures and strategic initiatives can pave the way for enhanced profitability.
Overall, Griffon's performance, strengths, challenges, and opportunities position the company for future growth and value creation.

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Griffon Corp. is a holding company, which engages in the operation of its subsidiaries. It provides direction and assistance to its subsidiaries in connection with acquisition and growth opportunities. It operates through the Consumer and Professional Products, and Home and Building Products segments. The Consumer and Professional Products segment sells products globally through a portfolio of brands including True Temper, AMES, and ClosetMaid. The Home and Building Products segment conducts its operations through Clopay. The company was founded on May 18, 1959 and is headquartered in New York, NY.

Griffon Corporation's topline decline is expected to continue in the near term due to weaker demand in the CPP segment, but residential door volume growth should largely offset this. Long-term demand prospects for Griffon's products remain favorable due to demographic housing trends. The company's stock valuation is attractively priced compared to its sector median, making it a decent buy at the current level.

Griffon: Well Positioned For Future Growth

Griffon Corporation has restructured its business to improve profitability and reduce vulnerability to market downturns. KPIs are improving, and the foundation has been laid for sustainable free cash flow generation. The company's focus on efficiency and margin improvements, along with raised guidance, make it a potential market beater.

Griffon's Global Sourcing Strategy Is Improving Potential Returns

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

Is Griffon (GFF) a Buy as Wall Street Analysts Look Optimistic?

The consensus price target hints at a 25.6% upside potential for Griffon (GFF). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Does Griffon (GFF) Have the Potential to Rally 25.56% as Wall Street Analysts Expect?

NEW YORK--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces its investigation of Griffon Corporation (NYSE: GFF) concerning the Company and its directors' and officers' possible violations of state laws. If you own Griffon stock, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Tom Kennedy, of GPM, 230 Park Avenue, Suite 358, New York, NY 10169 at tkennedy@gl.

Glancy Prongay & Murray LLP Announces Investigation of Griffon Corporation

Griffon (GFF) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Can Griffon (GFF) Run Higher on Rising Earnings Estimates?

Does Griffon (GFF) have what it takes to be a top stock pick for momentum investors? Let's find out.

Here's Why Griffon (GFF) is a Great Momentum Stock to Buy

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Earnings reports often catalyze big moves in a stock's price; the bigger the move, the more conviction the market shows. Catalysts for these moves include better-than-expected results, gained traction, and improved guidance pointing to additional upside.

These 7 Stocks Surged Double-Digits and Have Double-Digits to Go

Griffon (GFF) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Griffon Corporation (GFF) Hits Fresh High: Is There Still Room to Run?

Griffon (GFF) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

Recent Price Trend in Griffon (GFF) is Your Friend, Here's Why

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Are Investors Undervaluing Griffon (GFF) Right Now?

Griffon (GFF) came out with quarterly earnings of $1.35 per share, beating the Zacks Consensus Estimate of $0.94 per share. This compares to earnings of $1.21 per share a year ago.

Griffon (GFF) Beats Q2 Earnings and Revenue Estimates

NEW YORK--(BUSINESS WIRE)--Griffon Corporation (“Griffon” or the “Company”) (NYSE:GFF) today reported results for the fiscal 2024 second quarter ended March 31, 2024. Revenue for the second quarter totaled $672.9 million, a 5% decrease compared to $711.0 million in the prior year quarter. Net income totaled $64.1 million, or $1.28 per share, compared to a net loss of $62.3 million, or $1.17 per share, in the prior year quarter. Excluding all items that affect comparability from both periods, ad.

Griffon Corporation Announces Second Quarter Results

Griffon's (GFF) fiscal second-quarter performance is expected to have gained from strength in the HBP segment. However, high restructuring costs are likely to have dented its bottom line.

Griffon (GFF) Gears Up to Report Q2 Earnings: What to Expect

NEW YORK--(BUSINESS WIRE)--Griffon Corporation (“Griffon” or the “Company”) (NYSE: GFF) today announced it will release the Company's fiscal second quarter results on Wednesday, May 8, 2024, followed by a conference call at 8:30 AM ET. The call can be accessed by dialing 1-844-825-9789 (U.S. participants) or 1-412-317-5180 (International participants). Callers should ask to be connected to the Griffon Corporation teleconference or provide conference ID number 10187925. Participants are encourag.

Griffon Corporation Schedules Conference Call To Discuss Second Quarter 2024 Financial Results

Brokers Suggest Investing in Griffon (GFF): Read This Before Placing a Bet

The latest trading day saw Griffon (GFF) settling at $67.81, representing a -1.84% change from its previous close.

Griffon (GFF) Stock Dips While Market Gains: Key Facts

In the most recent trading session, Griffon (GFF) closed at $65.26, indicating a -1.89% shift from the previous trading day.

Griffon (GFF) Suffers a Larger Drop Than the General Market: Key Insights

Wall Street Bulls Look Optimistic About Griffon (GFF): Should You Buy?

Griffon (GFF) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.

Griffon (GFF) Is a Great Choice for 'Trend' Investors, Here's Why

Is Griffon (GFF) Stock Undervalued Right Now?

The latest trading day saw Griffon (GFF) settling at $72.97, representing a +1.33% change from its previous close.

Griffon (GFF) Increases Despite Market Slip: Here's What You Need to Know

Griffon Corporation (GFF) Hit a 52 Week High, Can the Run Continue?

Here is how Griffon (GFF) and Hitachi Ltd. (HTHIY) have performed compared to their sector so far this year.

News for Griffon Stock (GFF)