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 Q2 2021

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Earnings data Q1 2025

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.

Griffon reports stable Q4 earnings, focuses on capital allocation

Griffon's Q4 2024 performance showed revenue of $660 million with a 20.8% EBITDA margin.
The company focused on capital allocation, repurchasing shares, and enhancing financial flexibility.
Challenges include revenue declines in CPP segment and interest expenses for 2025.
Opportunities lie in maintaining revenue consistency, improving profitability, and strategic investments.

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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.

FARMINGDALE, N.Y., May 17, 2021 /PRNewswire/ -- Telephonics Corporation, a wholly owned subsidiary of Griffon Corporation (NYSE: GFF), announced today that its Mode 5 Operationally Autonomous Surveillance System (M5OAS) successfully completed all Department of Defense (DoD) AIMS 1201, 1202 and 1203 testing and received platform level certification.

Telephonics Corporation's Mode 5 Operationally Autonomous Surveillance System Receives DoD AIMS Platform Certification

FARMINGDALE, N.Y. , May 12, 2021 /PRNewswire/ -- Telephonics Corporation, a wholly owned subsidiary of Griffon Corporation (NYSE: GFF), announced that it successfully completed a demonstration of its MOSAIC® Active Electronically Scanned Array (AESA) radar system in September with the U.S. Air Force during its Combat Lancer 2020 exercise.

Telephonics Corporation Completes Successful Demonstration of its MOSAIC AESA Radar within U.S. Air Force AgilePod

Griffon Corporation's (GFF) CEO Ron Kramer on Q2 2021 Results - Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--Griffon Corporation (“Griffon” or the “Company”) (NYSE:GFF) today announced today that Steven M. Lynch, President of Griffon's subsidiary Clopay Corporation (“Clopay”), will retire effective end of the fiscal year 2021. Victor L. “Vic” Weldon, currently Chief Operating Officer of Clopay, will succeed Mr. Lynch. Mr. Lynch, a building products industry veteran, joined Clopay in 2001 and has served as President for the past twelve years. During his tenure as President, M

Griffon Announces the Retirement of Steven M. Lynch and the Appointment of Victor L.

Shares of Griffon (NYSE:GFF) rose in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share increased 108.70% over the past year to $0.48, which beat the estimate of $0.30.

Griffon: Q2 Earnings Insights

SAN DIEGO, April 27, 2021 /PRNewswire/ -- ImageWare® Systems, Inc. ( OTCQB: IWSY ) ("ImageWare" or "the Company"), a leader in biometric identification and authentication, announced today that it has appointed shareholder and experienced public company advisor James "Jim" Sight to its Board of Directors, effective April 26, 2021. Following Sight's addition, ImageWare's Board is now expanded from four members to five, including four independent Directors.

ImageWare Appoints James Sight to Board of Directors

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 Thursday, April 29, 2021, followed by a conference call at 4:30 PM ET. The call can be accessed by dialing 1-877-407-0792 (U.S. participants) or 1-201-689-8263 (International participants). Callers should ask to be connected to the Griffon Corporation teleconference or provide conference ID number 13719101. Participants are encoura

Griffon Corporation Schedules Conference Call to Discuss Second Quarter Financial Results

FARMINGDALE, N.Y., April 19, 2021 /PRNewswire/ -- Telephonics Corporation, a wholly owned subsidiary of Griffon Corporation (NYSE: GFF), announced today that it has been awarded a support contract from Lockheed Martin for its AN/APS-153(V) Multi-Mode Maritime Surveillance Radar (MMR) and Communication System Control Group (CSCG) products supporting the U.S. Navy's MH-60R and MH-60S maritime helicopters.

Telephonics Corporation Awarded Support Contract for U.S. Navy's MH-60R/S Helicopter Programs from Lockheed Martin RMS

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.

Is Griffon (GFF) a Great Value Stock Right Now?

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4 Buffett-Munger Stocks With Strong Gains as of the 1st Quarter

NEW YORK--(BUSINESS WIRE)--Griffon Corporation (“Griffon” or the “Company”) (NYSE:GFF) today announced it will present at the Sidoti Spring 2021 Investor Conference on Thursday, March 25, 2021. The conference will be held in a virtual format. A copy of Griffon's investor presentation, which will be used for the conference, will be available at the time of the conference in the investor relations section of Griffon's website (www.griffon.com). About Griffon Corporation Griffon is a diversified m

Griffon to Participate at the Sidoti Spring 2021 Investor Conference

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Griffon Corporation (GFF) CEO Ronald Kramer on Q1 2021 Results - Earnings Call Transcript

Griffon (GFF) delivered earnings and revenue surprises of 55.56% and 4.37%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Griffon (GFF) Q1 Earnings and Revenues Beat Estimates

NEW YORK--(BUSINESS WIRE)--Griffon Corporation (“Griffon” or the “Company”) (NYSE:GFF) today announced it will release the Company's fiscal first quarter results on Thursday, January 28, 2021, followed by a conference call at 8:30 AM ET. The call can be accessed by dialing 1-877-407-0792 (U.S. participants) or 1-201-689-8263 (International participants). Callers should ask to be connected to the Griffon Corporation teleconference or provide conference ID number 13715112. Participants are encour

Griffon Corporation Schedules Conference Call to Discuss First Quarter Financial Results

NEW YORK--(BUSINESS WIRE)--Griffon Corporation (“Griffon” or the “Company”) (NYSE:GFF) today announced it will present at the CJS Securities 21st Annual “New Ideas for the New Year” Investor Conference on Wednesday, January 13, 2021. The conference will be held in a virtual format. A copy of Griffon's investor presentation, which will be used for the conference, will be available at the time of the conference in the investor relations section of Griffon's website (www.griffon.com). About Griffo

Griffon to Participate at the 21st Annual CJS Securities “New Ideas for the New Year” Investor Conference

Griffon's (GFF) buyout of Quatro Design enhances its product offerings and supply channel in Australia. The acquired assets will be integrated with the Consumer and Professional Products segment.

Griffon's (GFF) Quatro Design Buyout to Aid Australia Business

Griffon's (GFF) sale of the System Engineering Group business unit will enable it to better focus on and efficiently direct resources to its core defense electronics and systems product lines.

Griffon (GFF) Divests System Engineering Group Business

NEW YORK--(BUSINESS WIRE)--Griffon Corporation (“Griffon” or the “Company”) (NYSE:GFF) announced that its subsidiary, The AMES Companies, Inc., (“AMES”) acquired Quatro Design Pty Ltd (“Quatro”), a leading Australian manufacturer and supplier of glass fiber reinforced concrete landscaping products for residential, commercial, and public sector projects. This acquisition is the sixth for AMES in Australia since 2013, and further expands AMES's product portfolio and sales channels in the Australi

Griffon Corporation Announces the Acquisition of Quatro by AMES

HUNTSVILLE, Ala., Jan. 4, 2021 /PRNewswire/ -- QuantiTech LLC ("QuantiTech"), a portfolio company of Sagewind Capital LLC ("Sagewind"), announced today that it has acquired Systems Engineering Group, Inc. ("SEG" or the "Company") from Griffon Corporation (NYSE: GFF). Financial terms of...

QuantiTech Acquires Systems Engineering Group

NEW YORK--(BUSINESS WIRE)--Griffon Corporation (“Griffon” or the “Company”) (NYSE:GFF) completed the sale of its System Engineering Group, Inc. (“SEG”) to QuantiTech LLC (“QuantiTech”), a portfolio company of Sagewind Capital LLC. Financial terms of the transaction were not disclosed. “We are pleased to announce the sale of SEG. This transaction provides immediate value to Griffon's shareholders as Telephonics continues to focus more of its resources on growing its core defense electronics and

Griffon Corporation Completes Sale of System Engineering Group

New York, New York--(Newsfile Corp. - December 31, 2020) - Levi & Korsinsky announces it has commenced an investigation of Griffon Corporation (NYSE: GFF) concerning possible breaches of fiduciary duty. To obtain additional information, go to:https://www.zlk.com/compensation2/griffon-corporation-information-request-formor contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. There is no cost or obligation to you.

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of an Investigation Concerning Possible Breaches of Fiduciary Duty by Certain Officers and Directors of Griffon Corporation- GFF

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