Highest-materiality recent filing
Griffon prices $800M of 6.25% senior notes due 2034; proceeds to redeem 2028 notes
$800M aggregate principal of 6.250% senior notes due 2034; sold via BofA Securities as rep of initial purchasers.
Griffon launches $800M senior notes offering due 2034 to redeem 2028 notes
$800M aggregate principal of senior notes due 2034 in private placement.
Griffon completes AMES North America JV with ONCAP; recasts financials for discontinued ops
On June 9, 2026, Griffon completed JV combining AMES North America with Venanpri's Bellota Tools, Corona, Burgon & Ball businesses.
Griffon Q3 revenue up 7% to $481.4M; EPS $1.47 vs loss; completes AMES JVs
Revenue $481.4M (+7% YoY); income from cont ops $66.3M ($1.47 EPS) vs prior year loss of $108.7M ($2.40 loss).
Griffon closes sale of AMES Australasia to JV; receives $181M cash, $49M PIK note, 49% stake
Received AUD $258M ($181M) cash and AUD $69.3M ($48.6M) PIK note at 10% interest, maturing in 6-10 years.
Closed JV of AMES North America with Venanpri Tools (ONCAP); receives $100M cash, $161.1M 10% PIK second-lien loans due 2029, and 42.78% equity stake.
Griffon Q2 revenue $421.9M (-1% YoY), adj. EPS $1.05 flat; reaffirms FY guidance
Revenue $421.9M, -1% YoY; adj. EPS $1.05 (flat vs prior year $1.05).
Griffon shareholders elect 11 directors, approve say-on-pay and auditor ratification
All 11 director nominees elected with strong support; no dissident withhold majority.
Griffon Q1 adj EPS $1.45; forms JV with ONCAP for AMES, explores alternatives
Adjusted EPS $1.45 (up from $1.39); revenue $649M (+3%); adj EBITDA $129.6M (-1%).
Griffon reports fiscal 2025 adjusted EPS $5.65 vs $5.12 prior year; raises dividend 22%
Fiscal 2025 revenue $2.5B (-4% YoY); GAAP net income $51.1M ($1.09/share) includes $217.2M impairment charge.
Griffon posts Q3 net loss of $120.1M on $217M impairment; adjusted EPS rises to $1.50
Revenue $613.6M (-5% YoY); net loss $120.1M ($2.65/sh) includes $217.2M Hunter Fan impairment.
Griffon Q2 revenue down 9% to $611.7M; adjusted EPS $1.23 vs $1.35 prior year
Revenue $611.7M (-9% YoY); net income $56.8M (-11%); adjusted EPS $1.23 vs $1.35.
Griffon shareholders approve charter amendments reducing board size, adding officer exculpation
Shareholders approved charter amendment reducing board size from 12-14 to 9-11 directors; effective March 11, 2025.
Griffon Q1 net income $70.9M, up 68% YoY; adjusted EPS $1.39
Revenue $632.4M down 2% YoY from $643.2M; net income $70.9M ($1.49/share) vs $42.2M ($0.82) prior year.
Griffon Q4/FY2024 EPS beat; dividend up 20%, new $400M buyback
FY2024 revenue $2.6B (-2% YoY); net income $209.9M ($4.23 EPS); adj. EPS $5.12.
Griffon Q3 revenue down 5% to $647.8M; net income falls to $41.1M; reaffirms FY guidance
Revenue $647.8M (-5% YoY); net income $41.1M ($0.84/share) vs $49.2M ($0.90).
Griffon reprices $459M Term Loan B, saving ~$1.8M in annual interest
Interest spread reduced by 25 bps from SOFR+250bps to SOFR+225bps.
Griffon Q2 adj EPS $1.35 beats $1.21; raises FY segment EBITDA guidance to $555M
Revenue $672.9M (-5% YoY); net income $64.1M vs loss $62.3M in prior year quarter.
Griffon shareholders approve 2.6M share increase to equity plan, elect directors
Amendment No. 1 to 2016 Equity Incentive Plan approved: 40.2M for, 3.4M against.
Griffon repurchases 1.5M shares from Voss Capital at $65.50; director Cocke resigns
Repurchased 1.5M shares from Voss Capital at $65.50/share, aggregate $98.25M, a 3.7% discount to $68.04 close.
Griffon Q1 adjusted EPS $1.07 vs $0.86 YoY; revenue down 1% to $643M
Net income $42.2M ($0.82 GAAP EPS); adjusted net income $55.3M ($1.07 adjusted EPS), up from $0.86 YoY.
Griffon reports FY2023 adjusted EPS $4.54 vs $4.07; Q4 adjusted EPS $1.19; dividend up 20%
Fiscal 2023 revenue $2.7B (down 6% YoY); adjusted income $247.7M ($4.54 EPS) vs $219.8M ($4.07) prior year.
Griffon repurchases 400K shares from Voss Capital affiliates at $41.87 per share
Repurchased 400,000 shares from two Voss Capital managed accounts for aggregate $16.75M.
Griffon Q3 adj. EPS $1.29 beats; raises FY EBITDA guidance to $550M
Revenue $683.4M (-11% YoY); GAAP EPS $0.90; adjusted EPS $1.29 vs $1.23 YoY.
Griffon raises FY2023 EBITDA guidance to $525M; reports Q2 adjusted EPS $1.21 on $711M revenue
Q2 adjusted EPS $1.21 vs $1.36 YoY; revenue $711M (-9% YoY); GAAP loss $62.3M due to $132.8M impairment charges.
Griffon shareholders re-elect all eight directors, approve say-on-pay, ratify auditor
All eight director nominees elected with overwhelming support; no withhold votes above ~6%.
Griffon Q1 revenue $649M (+10% YoY); EPS $0.88 vs $0.31; raises interest expense guidance
Revenue $649.4M (+10% YoY); GAAP EPS $0.88 vs $0.31; adjusted EPS $0.86 vs $0.39.
Griffon appoints Voss Capital CIO Travis Cocke to board, enters cooperation agreement
Travis Cocke appointed to Board effective Jan 9, 2023, filling vacancy from Admiral Harrison's passing.
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.
Strategic alternatives review, including sale, merger, or divestiture, remains ongoing with Goldman Sachs as advisor.
Griffon Q3 adj EPS $1.23 vs $0.39; revenue $768M (+31%); closes Telephonics sale $330M
Revenue $768.2M (+31% YoY); organic growth +13% excluding Hunter acquisition's $105.8M contribution.
Sold Telephonics to TTM Technologies for $330M cash, subject to post-closing adjustments.
Griffon Q2 revenue $779.6M (+36% YoY); sells Telephonics for $330M cash
Revenue $779.6M (+36% YoY); adjusted EPS $1.37 vs $0.47; adjusted EBITDA $139.6M (+113%).
Griffon sells Telephonics defense business to TTM Technologies for $330M cash
Sale price of $330M in cash; expected close in Q2 2022 subject to regulatory approvals.
Griffon files Hunter Fan financials for FY2021; sales $353.8M, net income $13.7M
Hunter net sales $353.8M in FY2021, up 9.1% from $324.4M in FY2020.
Griffon shareholders reject say-on-pay; approve board declassification and equity plan increase
Say-on-pay advisory vote failed: 17,361,455 for vs 33,983,871 against (66% opposed).
Griffon Q1 EPS $0.31 misses $0.48 YoY; closes $845M Hunter Fan acquisition
Revenue $591.7M (+9% YoY); GAAP EPS $0.31 vs $0.48; adjusted EPS $0.39 vs $0.50.
Griffon completes $845M Hunter Fan acquisition; $800M Term B Loan
Completed acquisition of Hunter Fan Company for $845M, subject to post-closing adjustments, from MidOcean Partners.
Griffon updates financing details for $845M Hunter Fan acquisition
Ames subsidiary to acquire Hunter Fan for $845M, as announced Dec 17, 2021.
Griffon acquires Hunter Fan Company for $845M; funded by cash, $750M term loan, $400M revolver
Acquires Hunter Fan from MidOcean Partners for $845M, subject to closing adjustments.
Fiscal 2021 revenue from continuing ops $2.3B (+10% YoY); net income $79.2M ($1.48) vs $53.4M ($1.19).
Griffon Q3 revenue up 2% to $646.8M; net income falls to $0.31 EPS from $0.50
Adjusted net income $22.8M ($0.43 EPS) vs $25.9M ($0.59 EPS) prior year; diluted shares up 8.7M from Aug 2020 issue.
Travis W. Cocke resigned as a member of the Board and the Nominating and Corporate Governance Committee of the Board, effective at 9:30 AM EST on February 20, 2024.
on January 8, 2023, Mr. Cocke was appointed to the Board effective January 9, 2023.
Max materiality 0.85 · Median 0.75 · Most common event earnings