Griffon Corporation Stock News

GFF's recent acquisition of Pope Products enhances its CPP portfolio in Australia, reinforcing its international growth strategy. Despite a poorer performance this quarter, Griffon continues to show a strong EBITDA margin in its HBP, while CPP's profitability has improved due to its ongoing Global Sourcing Expansion Strategy execution. Its Global Sourcing Strategy aims to improve margins in the...

Griffon Corporation (NYSE:GFF ) Q3 2024 Earnings Conference Call August 7, 2024 8:30 AM ET Company Participants Brian Harris - Chief Financial Officer Ron Kramer - Chairman and CEO Conference Call Participants Tim Wojs - Baird Bob Labick - CJS Securities Sam Darkatsh - Raymond James Alex Hantman - Sidoti & Company Justin Bergner - Gabelli Funds Operator Ladies and gentlemen, good morning. And w...

NEW YORK--(BUSINESS WIRE)--Griffon Corporation (NYSE: GFF) (the “Company” or “Griffon”) announced that its subsidiary, The AMES Companies, Inc., (“AMES”) acquired Pope, a leading Australian provider of residential watering products, from The Toro Company (NYSE:TTC). This is AMES's seventh acquisition in Australia since 2013, and further expands AMES's product portfolio in the Australian market....

NEW YORK--(BUSINESS WIRE)--Griffon Corporation (“Griffon” or the “Company”) (NYSE: GFF) announced today that it has completed a favorable repricing of the outstanding balance of $459 million of its Secured Term Loan B facility (“Term Loan B”), which matures in January 2029. The spread above the Secured Overnight Financing Rate (“SOFR”) will be reduced by 25 basis points and the Credit Spread Ad...

The AMES Companies reaches historic 250-year milestone as a U.S. company. ORLANDO, Fla.

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 th...

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.

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,...