{"schema_version":"secwatch.filing_event.v1","accession":"0000050725-22-000074","form_type":"8-K","ticker":"GFF","cik":"0000050725","company_name":"GRIFFON CORP","filed_at":"2022-11-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.232597+00:00","generated_at":"2026-06-21T16:57:34.873328+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.78,"calibrated_materiality_score":0.78,"confidence":"high","headline":"Griffon reports FY2022 adjusted EBITDA $458M (+86%), GAAP loss due to $455M impairment; strategic review ongoing","bullets":["FY2022 revenue $2.8B (+25% YoY); adjusted EPS $4.07 vs $1.68; GAAP loss $5.57/share on $454.8M non-cash goodwill impairment in CPP segment.","Q4 revenue $709M (+24%); adjusted EPS $1.09 vs $0.33; adjusted EBITDA $125M (+135%).","Home & Building Products adjusted EBITDA $413M (+128%) on 47% price/mix; CPP adjusted EBITDA fell 14% on lower volume.","2023 outlook: revenue $2.95B, adjusted EBITDA at least $500M (excl. ~$56M unallocated & $16M strategic costs), free cash flow to exceed net income.","Strategic alternatives review active, led by independent committee with Goldman Sachs; no assurance of transaction."],"urls":{"canonical":"https://secwatch.observer/filing/0000050725-22-000074","json":"https://secwatch.observer/filing/0000050725-22-000074.json","markdown":"https://secwatch.observer/filing/0000050725-22-000074.md","text":"https://secwatch.observer/filing/0000050725-22-000074.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/50725/000005072522000074/0000050725-22-000074-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/50725/000005072522000074/gff-20221117.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T16:57:34.873328+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"393e5494e644afa5fa9bf69f04f651fb47fb9725","claim":"GRIFFON CORP reported the fiscal year ended September 30, 2022 results: revenue $2.8 billion, net income loss from continuing operations in 2022 was $287.7 million, EPS $5.57 per share.","evidence_excerpt":"Revenue for Fiscal 2022 totaled $2.8 billion, a 25% increase compared to the $2.3 billion in the prior year. As a result of a non-cash impairment charge of $454.8 million , net of tax, or $8.43 per share, taken in the fiscal 2022 fourth quarter, and other items that affect comparability in both 2022 and 2021, loss from continuing operations in 2022 was $287.7 million, or $5.57 per share, compared to income from continuing operations of $70.3 million, or $1.32 per share, in the prior year.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/50725/000005072522000074/0000050725-22-000074-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal year ended September 30, 2022"},{"label":"Revenue","value":"$2.8 billion"},{"label":"Net income","value":"loss from continuing operations in 2022 was $287.7 million"},{"label":"EPS","value":"$5.57 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"527bcb0e7276d86a6b51bf501bbecaca228199a3","claim":"GRIFFON CORP reported the fourth quarter ended September 30, 2022 results: revenue $709 million, net income loss from continuing operations in the fourth quarter was $415.4 million, EPS $7.97 per share.","evidence_excerpt":"Revenue for the fourth quarter totaled $709 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/50725/000005072522000074/0000050725-22-000074-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended September 30, 2022"},{"label":"Revenue","value":"$709 million"},{"label":"Net income","value":"loss from continuing operations in the fourth quarter was $415.4 million"},{"label":"EPS","value":"$7.97 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}