{"schema_version":"secwatch.filing_event.v1","accession":"0000050725-23-000036","form_type":"8-K","ticker":"GFF","cik":"0000050725","company_name":"GRIFFON CORP","filed_at":"2023-05-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.886007+00:00","generated_at":"2026-06-16T01:52:28.975073+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Griffon raises FY2023 EBITDA guidance to $525M; reports Q2 adjusted EPS $1.21 on $711M revenue","bullets":["Q2 adjusted EPS $1.21 vs $1.36 YoY; revenue $711M (-9% YoY); GAAP loss $62.3M due to $132.8M impairment charges.","CPP segment revenue -24% to $314.3M; adjusted EBITDA $19.6M (down from $47.8M).","HBP segment revenue +8% to $396.7M; adjusted EBITDA +26% to $131.9M on favorable pricing and mix.","FY2023 EBITDA guidance raised to at least $525M (prior $500M); revenue guidance cut to $2.7B from $2.95B.","Dividend increased 25%; global sourcing expansion in CPP with estimated $120-130M charges through calendar 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0000050725-23-000036","json":"https://secwatch.observer/filing/0000050725-23-000036.json","markdown":"https://secwatch.observer/filing/0000050725-23-000036.md","text":"https://secwatch.observer/filing/0000050725-23-000036.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/50725/000005072523000036/0000050725-23-000036-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/50725/000005072523000036/gff-20230503.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T01:52:28.975073+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":"f7709cb5e6ba256db318fadd4f1c7c6882aebcd8","claim":"GRIFFON CORP reported the fiscal 2023 second quarter ended March 31, 2023 results: revenue $711.0 million, net income a loss from continuing operations of $62.3 million, or $1.17 per share, EPS $1.21 per share. Guidance raised.","evidence_excerpt":"Griffon Corporation (“Griffon” or the “Company”) (NYSE:GFF) today reported results for the fiscal 2023 second quarter ended March 31, 2023. Revenue for the second quarter totaled $711.0 million, a 9% decrease compared to $779.6 million in the prior year quarter.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/50725/000005072523000036/0000050725-23-000036-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal 2023 second quarter ended March 31, 2023"},{"label":"Revenue","value":"$711.0 million"},{"label":"Net income","value":"a loss from continuing operations of $62.3 million, or $1.17 per share"},{"label":"EPS","value":"$1.21 per share"},{"label":"Guidance","value":"raised"},{"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"}