Griffon files Hunter Fan financials for FY2021; sales $353.8M, net income $13.7M

GRIFFON CORP

Hunter net sales $353.8M in FY2021, up 9.1% from $324.4M in FY2020.
Net income from continuing operations $13.7M vs $32.5M in prior year; interest expense rose to $31.2M.
Total assets $310.4M; long-term debt $415.7M; stockholders' deficit $163.9M.
Amendment provides audited FY2021/2020 statements and pro forma combined data for Griffon after the acquisition.
Crowe LLP issued unqualified opinion on Hunter's financials as of Oct 29, 2021 and Oct 30, 2020.

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