GRIFFON CORP entered into Second Lien Tranche A Credit Agreement with Merv FinCo LLC (Borrower), UMB Bank, N.A. valued at Tranche A second lien term loans in the aggregate principal amount of $90.0 million (effective 2026-06-09).
“Second Lien Tranche A Credit Agreement (the “ Tranche A Credit Agreement ”), by and among the Borrower, MidCo, the guarantors from time to time party thereto, the Griffon Lender, as lender, and UMB Bank, N.A., as administrative agent, and (ii) a Second”
Material Agreements
GRIFFON CORP entered into Amended and Restated Master Transaction Agreement with VNPI Global Investments and Services, S.L., Bellota Holding AG, Merv HoldCo LLC, Merv MidCo LLC, Merv FinCo LLC (effective 2026-06-07).
“The closing was pursuant to an amended and restated master transaction agreement (“ A&R MTA ”), as described below. On February 5, 2026,”
Earnings Releases
GRIFFON CORP reported fiscal 2026 second quarter ended March 31, 2026 results: revenue $421.9 million, net income $46.9 million, EPS $1.03 per share. Guidance reaffirmed.
“Griffon Corporation (“Griffon” or the “Company”) (NYSE:GFF) today reported results for the fiscal 2026 second quarter ended March 31, 2026. Revenue for the second quarter totaled $421.9 million”
Governance Changes
GRIFFON CORP: Adopted conforming bylaw amendment to reduce board size from 12-14 to 9-11 directors (effective 2025-03-11).
“The By-law Amendment contains a conforming amendment related to the Charter Amendment, to reduce the size of the Board from a range of twelve to fourteen directors to a range of nine to eleven directors.”
Governance Changes
GRIFFON CORP: Adopted amendments to Certificate of Incorporation to reduce board size from 12-14 to 9-11 directors and add officer exculpation provision (effective 2025-03-11).
“The Charter Amendment approved by the Shareholders was made effective by filing with the Secretary of State of the State of Delaware on March 11, 2025.”
Earnings Releases
GRIFFON CORP reported fiscal 2024 second quarter ended March 31, 2024 results: revenue $672.9 million, net income $64.1 million, EPS $1.28 per share. Guidance raised.
“Griffon Corporation (“Griffon” or the “Company”) (NYSE:GFF) today reported results for the fiscal 2024 second quarter ended March 31, 2024. Revenue for the second quarter totaled $672.9 million, a 5% decrease compared to $711.0 million in the prior year quarter. Net income totaled $64.1 million, or $1.28 per share, compared to a net loss of $62.3 million, or $1.17 per share, in the prior year quarter.”
Shareholder Votes
GRIFFON CORP shareholders approved Ratification of Grant Thornton LLP as independent registered public accounting firm for fiscal 2024 at the 2024-03-20 meeting.
“Item No. 4: The Shareholders ratified the appointment of Grant Thornton LLP as Griffon’s independent registered public accounting firm for fiscal 2024, by the votes set forth below: For Against Abstain 47,734,785 241,618 8,258”
Shareholder Votes
GRIFFON CORP shareholders approved Approval of amendment to increase shares available for future awards under the Incentive Plan at the 2024-03-20 meeting.
“Item No. 3: The Shareholders approved the Amendment to authorize an increase in the number of shares available for future awards, as disclosed in the Proxy Statement, by the votes set forth below: For Against Abstain BNV 40,242,559 3,446,153 282,960 4,012,989”
Shareholder Votes
GRIFFON CORP shareholders approved Advisory vote to approve executive compensation at the 2024-03-20 meeting.
“Item No. 2: The Shareholders approved, on an advisory basis, the compensation of the named executive officers as disclosed in the Proxy Statement, by the votes set forth below: For Against Abstain Broker Non-votes 38,069,131 5,626,462 276,078 4,012,990”
Shareholder Votes
GRIFFON CORP shareholders approved Election of Directors at the 2024-03-20 meeting.
“On March 20, 2024, Griffon held the Annual Meeting. Of the 51,309,064 shares of common stock outstanding and entitled to vote, 47,984,661 shares, or 93.5%, were represented at the meeting in person or by proxy, and therefore a quorum was present. The final results for each of the matters submitted to a vote of Shareholders at the Annual Meeting are as follows: Item No. 1: Each of Henry A. Alpert, Jerome L. Coben, H. C. Charles Diao, Louis J. Grabowsky, Lacy M. Johnson, Ronald J. Kramer, Victor Eugene Renuart, James W. Sight, Samanta Hegedus Stewart, Kevin F. Sullivan, Michelle L. Taylor and Cheryl L. Turnbull were elected to serve on the Board until Griffon’s 2025 Annual Meeting of Shareholders, by the votes set forth below: 3 Nominee For Withheld Broker Non-Votes Henry A. Alpert 42,442,202 1,529,474 4,012,985 Jerome L. Coben 43,042,056 929,620 4,012,985 H. C. Charles Diao 42,848,878 1,122,798 4,012,985 Louis J. Grabowsky 43,210,588 761,088 4,012,985 Lacy M. Johnson 39,307,740 4,663,93”
Material Agreements
GRIFFON CORP entered into Agreement with Voss Value Master Fund, L.P., Voss Value-Oriented Special Situations Fund, L.P. and four separately managed accounts of which Voss Capital, LLC is the investment manager (the "Selling Shareholders") valued at $98,250,000 (effective 2024-02-20).
“On February 20, 2024, Griffon Corporation (the “Company”) entered into a stock purchase and cooperation agreement (the “Agreement”) to repurchase, and repurchased, 1,500,000 shares of its common stock, par value $0.25 per share (the “Common Stock”), beneficially owned by Voss Value Master Fund, L.P., Voss Value-Oriented Special Situations Fund, L.P. and four separately managed accounts of which Voss Capital, LLC is the investment manager (the “Selling Shareholders”), in a private transaction. The purchase price per share is $65.50, for an aggregate purchase price of $98,250,000, and represents a 3.7% discount from the price of $68.04 of the Common Stock at the close of trading on February 16, 2024.”
Travis W. Cocke resigned as Director at GRIFFON CORP.
“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.”
Earnings Releases
GRIFFON CORP reported the fiscal 2024 first quarter ended December 31, 2023 results: revenue $643.2 million, net income $42.2 million, EPS $0.82 per share.
“Griffon Corporation (“Griffon” or the “Company”) (NYSE:GFF) today reported results for the fiscal 2024 first quarter ended December 31, 2023. Revenue for the first quarter totaled $643.2 million, a 1% decrease compared to $649.4 million in the prior year quarter. Net income totaled $42.2 million, or $0.82 per share, compared to $48.7 million, or $0.88 per share, in the prior year quarter.”
Earnings Releases
GRIFFON CORP reported the fourth quarter ended September 30, 2023 results: revenue $641 million, net income $42.0 million, EPS $0.79 per share.
“Revenue for the fourth quarter totaled $641 million, decreasing 10% from $709 million in the prior year quarter. Fourth quarter income from continuing operations was $42.0 million, or $0.79 per share, compared to a loss from continuing operations of $415.4 million, or $7.97 per share, in the prior year quarter.”
Earnings Releases
GRIFFON CORP reported the fiscal year ended September 30, 2023 results: revenue $2.7 billion, net income $77.6 million, EPS $1.42 per share.
“Revenue for fiscal 2023 totaled $2.7 billion, a 6% decrease compared to the $2.8 billion in the prior year. Income from continuing operations for fiscal 2023 was $77.6 million, or $1.42 per share, compared to a loss from continuing operations of $287.7 million, or $5.57 per share, in the prior year.”
Material Agreements
GRIFFON CORP entered into Stock Purchase Agreement with two separately managed accounts of which Voss Capital, LLC is the investment manager (the Selling Shareholders) valued at $16,746,240 (effective 2023-09-05).
“On September 5, 2023 Griffon Corporation (the “Company”) entered into an agreement (the “Stock Purchase Agreement”) to repurchase, and repurchased, 400,000 shares of its common stock”
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.
“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.”
Earnings Releases
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.
“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.”
Shareholder Votes
GRIFFON CORP shareholders approved Ratification of appointment of Grant Thornton LLP as independent registered public accounting firm for fiscal 2023 at the 2023-03-15 meeting.
“Item No. 4: The Shareholders ratified the appointment of Grant Thornton LLP as Griffon’s independent registered public accounting firm for fiscal 2023, by the votes set forth below”
Shareholder Votes
GRIFFON CORP shareholders approved Advisory vote on frequency of future say-on-pay votes at the 2023-03-15 meeting.
“Item No. 3: The Shareholders expressed their preference for the holding of an advisory vote on executive compensation on an annual basis, by the votes set forth below: One Year Two Years Three Years Abstain Broker Non-votes 42,011,915 100,087 5,762,093 155,702 4,396,987”
Shareholder Votes
GRIFFON CORP shareholders approved Advisory vote on compensation of named executive officers at the 2023-03-15 meeting.
“Item No. 2: The Shareholders approved, on an advisory basis, the compensation of the named executive officers as disclosed in Griffon’s Proxy Statement, by the votes set forth below”
Shareholder Votes
GRIFFON CORP shareholders approved Election of Directors at the 2023-03-15 meeting.
“Each of Travis W. Cocke, H. C. Charles Diao, Louis J. Grabowsky, Lacy M. Johnson, James W. Sight, Samanta Hegedus Stewart, Michelle L. Taylor and Cheryl L. Turnbull were elected to serve until Griffon’s 2024 Annual Meeting of Shareholders, by the votes set forth below”
Material Agreements
GRIFFON CORP entered into Cooperation Agreement with Voss Value Master Fund, L.P., Voss Value-Oriented Special Situations Fund, L.P., Voss Advisors GP, LLC and Voss Capital, LLC valued at Cooperation Agreement regarding board composition and standstill provisions (effective 2023-01-08).
“On January 8, 2023, Griffon Corporation (“Griffon” or the “Company”) entered into a Cooperation Agreement (the “Cooperation Agreement”) with Voss Value Master Fund, L.P., Voss Value-Oriented Special Situations Fund, L.P., Voss Advisors GP, LLC and Voss Capital, LLC (collectively, “Voss”).”
Travis Cocke was appointed as Director at GRIFFON CORP.
“on January 8, 2023, Mr. Cocke was appointed to the Board effective January 9, 2023.”
Earnings Releases
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.
“Revenue for the fourth quarter totaled $709 million”
Earnings Releases
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.
“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.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.