secwatch.observer — SEC 8-K summary
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Issuer:     GRIFFON CORP (GFF)
CIK:        0000050725
Form:       8-K
Filed at:   2025-02-05T23:59:59+00:00
Accession:  0000050725-25-000005
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Griffon Q1 net income $70.9M, up 68% YoY; adjusted EPS $1.39
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- Revenue $632.4M down 2% YoY from $643.2M; net income $70.9M ($1.49/share) vs $42.2M ($0.82) prior year.
- Adjusted net income $65.9M ($1.39/share) vs $55.3M ($1.07); adjusted EBITDA $131.2M up 13% from $116.4M.
- HBP revenue flat at $395.4M, adjusted EBITDA $127.0M up 2% on lower material costs.
- CPP revenue $237.0M down 4% on -8% volume partially offset by Pope acquisition (+4%); adjusted EBITDA $18.2M vs $5.5M.
- Free cash flow $142.7M; share repurchases $42.3M (0.6M shares at $69.40 avg); net debt $1.32B, leverage 2.4x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/50725/000005072525000005/0000050725-25-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/50725/000005072525000005/gff-20250205.htm
  HTML page:      https://secwatch.observer/filing/0000050725-25-000005

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer