---
schema_version: "secwatch.filing_event.v1"
accession: "0000050725-23-000045"
form_type: "8-K"
ticker: "GFF"
cik: "0000050725"
company_name: "GRIFFON CORP"
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T15:19:29.331162+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Griffon Q3 adj. EPS $1.29 beats; raises FY EBITDA guidance to $550M

## Summary
- Revenue $683.4M (-11% YoY); GAAP EPS $0.90; adjusted EPS $1.29 vs $1.23 YoY.
- Adjusted EBITDA $138.6M (+3% YoY); HBP segment adj. EBITDA up 12% to $134.3M.
- CPP revenue down 22%; announces global sourcing expansion with $120-130M charges over 18 months.
- FY 2023 adjusted EBITDA guidance raised to $550M from at least $525M; revenue reaffirmed at $2.7B.
- Repurchased 2.5M shares (4.4% of outstanding) at avg $33.58; $172.6M remaining on buyback authorization.

## SEC filing metadata
- accession: 0000050725-23-000045
- form_type: 8-K
- ticker: GFF
- cik: 0000050725
- company_name: GRIFFON CORP
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/50725/000005072523000045/0000050725-23-000045-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/50725/000005072523000045/gff-20230802.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000050725-23-000045
- JSON: https://secwatch.observer/filing/0000050725-23-000045.json
- Plain text: https://secwatch.observer/filing/0000050725-23-000045.txt

## Key facts
- Earnings Releases
  GRIFFON CORP reported fiscal 2023 third quarter ended June 30, 2023 results: revenue $683.4 million, net income $49.2 million, EPS $0.90 per share. Guidance raised.
  - Period: fiscal 2023 third quarter ended June 30, 2023
  - Revenue: $683.4 million
  - Net income: $49.2 million
  - EPS: $0.90 per share
  - Guidance: raised
  - Result: reported results
  source text: Griffon Corporation (“Griffon” or the “Company”) (NYSE:GFF) today reported results for the fiscal 2023 third quarter ended June 30, 2023. Revenue for the third quarter totaled $683.4 million, an 11% decrease compared to $768.2 million in the prior year quarter. Income from continuing operations totaled $49.2 million, or $0.90 per share, compared to $52.8 million, or $0.98 per share, in the prior year quarter.
  evidence_url: https://www.sec.gov/Archives/edgar/data/50725/000005072523000045/0000050725-23-000045-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.