Griffon(GFF)
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Griffon (GFF) Beats Q1 Earnings and Revenue Estimates
ZACKS· 2026-02-05 14:46
Griffon (GFF) came out with quarterly earnings of $1.45 per share, beating the Zacks Consensus Estimate of $1.34 per share. This compares to earnings of $1.39 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +8.48%. A quarter ago, it was expected that this garage door and building products maker would post earnings of $1.56 per share when it actually produced earnings of $1.54, delivering a surprise of -1.28%.Over the last four ...
Griffon(GFF) - 2026 Q1 - Earnings Call Transcript
2026-02-05 14:32
Griffon (NYSE:GFF) Q1 2026 Earnings call February 05, 2026 08:30 AM ET Company ParticipantsBrian Harris - CFOLee Jagoda - Senior Managing DirectorRon Kramer - Chairman and CEOConference Call ParticipantsCollin Verron - Stock AnalystJulio Romero - AnalystSam Darkatsh - AnalystTim Wojs - Senior Research AnalystTrey Grooms - AnalystOperatorGreetings, and welcome to the Griffon Corporation Fiscal First Quarter 2026 Earnings Conference Call. At this time, all participants are in a listen-only mode. A question-an ...
Griffon(GFF) - 2026 Q1 - Earnings Call Transcript
2026-02-05 14:32
Griffon (NYSE:GFF) Q1 2026 Earnings call February 05, 2026 08:30 AM ET Company ParticipantsBrian Harris - CFOLee Jagoda - Senior Managing DirectorRon Kramer - Chairman and CEOConference Call ParticipantsCollin Verron - Stock AnalystJulio Romero - AnalystSam Darkatsh - AnalystTim Wojs - Senior Research AnalystTrey Grooms - AnalystOperatorGreetings, and welcome to the Griffon Corporation Fiscal First Quarter 2026 Earnings Conference Call. At this time, all participants are in a listen-only mode. A question-an ...
Griffon(GFF) - 2026 Q1 - Earnings Call Transcript
2026-02-05 14:30
Griffon (NYSE:GFF) Q1 2026 Earnings call February 05, 2026 08:30 AM ET Speaker4Greetings, and welcome to the Griffon Corporation Fiscal First Quarter 2026 Earnings Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. Please note this conference is being recorded. I will now turn the conference over to you ...
Griffon(GFF) - 2026 Q1 - Earnings Call Presentation
2026-02-05 13:30
Q1 FY26 INVESTOR PRESENTATION February 2026 GRIFFON OVERVIEW $2.5B $579M $3.8B 23% $1.3B 5,173 Revenue Adj. EBITDA Market Cap 1 Adj. EBITDA Margin Net debt 2 Employees BREAKDOWN BY OPERATING SEGMENT CPP 37% Adjusted EBITDA (excl. unallocated) ($millions) Revenue U.S. 81% Int'l 19% $490 $89 CPP HBP HBP 63% Attractive portfolio of iconic, well -respected, and industry leading brands Copyright © 2025 Griffon Corporation. All rights reserved. Well - positioned to capitalize on long -term growth trends in repair ...
Griffon(GFF) - 2026 Q1 - Quarterly Results
2026-02-05 12:51
Revenue and Income - Revenue for Q1 2026 totaled $649.1 million, a 3% increase from $632.4 million in Q1 2025[2] - Net income for Q1 2026 was $64.4 million, or $1.41 per share, compared to $70.9 million, or $1.49 per share in Q1 2025[3] - Revenue for the three months ended December 31, 2025, was $649,088,000, an increase from $632,371,000 in 2024, representing a growth of 2.3%[27] - Net income for Q4 2025 was $64,387,000, compared to $70,851,000 in Q4 2024, reflecting a decline of 9.1%[27] - Basic earnings per share for Q4 2025 was $1.44, a decrease from $1.56 in Q4 2024, representing a decline of 7.7%[27] Adjusted Metrics - Adjusted EBITDA for Q1 2026 was $129.6 million, a 1% decrease from $131.2 million in Q1 2025[4] - Adjusted net income for Q4 2025 was $66,302,000, compared to $65,873,000 in Q4 2024, indicating a slight increase of 0.7%[32] Segment Performance - Home and Building Products segment revenue increased 3% to $408.0 million, driven by favorable pricing and mix[5] - Consumer and Professional Products segment revenue increased 2% to $241.1 million, primarily due to price and mix[7] Cash Flow and Expenditures - Free cash flow for Q1 2026 was $99 million, with capital expenditures of $7.7 million[5][9] - Free cash flow (FCF) for Q4 2025 was $99,330,000, down from $142,686,000 in Q4 2024, a decrease of 30.4%[24] Debt and Leverage - Total debt outstanding as of December 31, 2025, was $1.35 billion, with net debt of $1.26 billion[9] - The leverage ratio (net debt to EBITDA) improved to 2.3x as of December 31, 2025, down from 2.4x in both September 30, 2025, and December 31, 2024[24] Shareholder Returns - Share repurchases in Q1 2026 totaled 0.2 million shares for $18.1 million, with $280.0 million remaining under the repurchase program[10] - The company paid dividends of $0.22 per share in Q4 2025, up from $0.18 per share in Q4 2024[27] Assets and Cash Position - Total assets as of December 31, 2025, were $2,054,802,000, a slight decrease from $2,063,637,000 as of September 30, 2025[29] - Cash and equivalents at the end of Q4 2025 were $95,280,000, down from $151,952,000 at the end of Q4 2024[31] Future Outlook - Griffon expects fiscal 2026 revenue from continuing operations to be $1.8 billion and Adjusted EBITDA to be $520 million[13] - The company announced a joint venture with ONCAP for CPP's AMES U.S. and Canada businesses[11] Non-Cash Charges and Tax Provisions - For the three months ended December 31, 2025, the company recognized a non-cash charge of $1,609 related to the establishment of a retiree medical plan[33] - The company will recognize an additional non-cash charge of $5,362 ratably over the first 10 months of fiscal 2026[33] - The tax impact for reconciling adjustments from GAAP net income to non-GAAP adjusted net income is determined by comparing the company's tax provision including adjustments to the tax provision excluding such adjustments[34] - Discrete tax provisions primarily relate to the impact of a rate differential between statutory and annual effective tax rates on items impacting the quarter[34]
Griffon Corporation Announces First Quarter Results
Businesswire· 2026-02-05 12:33
NEW YORK,--(BUSINESS WIRE)--Griffon Corporation ("Griffon†or the "Company†) (NYSE:GFF) today reported results for the fiscal 2026 first quarter ended December 31, 2025. Revenue for the first quarter totaled $649.1 million, a 3% increase compared to $632.4 million in the prior year quarter. Net income totaled $64.4 million, or $1.41 per share, compared to $70.9 million, or $1.49 per share, in the prior year quarter. Excluding all items that affect comparability from both periods, adjusted net i. ...
Griffon Corporation Taking Strategic Actions to Maximize Shareholder Value
Businesswire· 2026-02-05 12:32
Core Viewpoint - Griffon Corporation is implementing strategic actions to streamline its portfolio and enhance shareholder value, aiming to become a pure-play North American building products company focused on residential and commercial markets [1] Group 1: Strategic Actions - The company will focus on leading positions in residential garage doors, commercial sectional doors, rolling steel doors, grille products, and ceiling fans for both residential and commercial sectors [1]
ONCAP and Griffon Corporation to Form Professional and Consumer Products Joint Venture
Businesswire· 2026-02-05 12:31
Core Viewpoint - ONCAP and Griffon Corporation have formed a joint venture to create a leading global provider of hand tools, home organization solutions, and lawn and garden products for both professionals and consumers [1] Group 1: Joint Venture Details - The joint venture will combine Bellota Tools, Corona, and Burgon & Ball, which are currently subsidiaries of the respective companies [1]
Hunter Fan Company Leads Smart Home Revolution with Launch of HunterSMART™ Portfolio and ZenTech Smart Fan at Pepcom’s 2026 Digital Experience!Ⓡ
Globenewswire· 2026-01-05 13:00
HunterSMART™ Matter-Compatible Portfolio HunterSMART™ is a Matter-enabled ecosystem of smart accessories that allows seamless control of lighting and airflow from anywhere. Compatible with Apple Home, Amazon Alexa, and Google Home, the portfolio—including a dimmer switch, smart plug, smart wall panel, smart fan upgrade kit, and smart receiver—launches Spring 2026. Photo Credit: Hunter Fan Company ZenTech Bladeless Ceiling Fan ENERGY STAR® certified and backed by the SureSpeed® Guarantee, ZenTech del ...