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Griffon Corp - GFF STOCK NEWS

Welcome to our dedicated page for Griffon news (Ticker: GFF), a resource for investors and traders seeking the latest updates and insights on Griffon stock.

Griffon Corporation (NYSE: GFF) provides investors and industry stakeholders with comprehensive updates on strategic developments across its home and building products subsidiaries. This centralized resource aggregates official press releases, financial disclosures, and operational announcements from Griffon's diversified portfolio.

Access real-time updates on manufacturing innovations, acquisition strategies, and management initiatives driving this holding company's growth. The curated feed includes earnings communications, product launch details from subsidiaries like Clopay Corporation, and capital allocation decisions affecting long-term value creation.

Key content undergoes rigorous verification to ensure accuracy across corporate actions, leadership changes, and market expansion efforts. Users benefit from streamlined tracking of operational milestones in garage door systems, landscaping products, and industrial fan manufacturing segments.

Bookmark this page for efficient monitoring of Griffon's performance across North American, European, and Australian markets. Regular visits provide critical insights into how the company balances subsidiary autonomy with centralized strategic oversight in competitive manufacturing sectors.

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Griffon Corporation (NYSE: GFF) has declared a regular quarterly cash dividend of $0.15 per share, payable on March 21, 2024, to shareholders of record as of February 29, 2024.
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Griffon Corporation (NYSE: GFF) will release its fiscal first quarter results on February 7, 2024, followed by a conference call at 8:30 AM ET. Participants can access the call by dialing 1-877-407-0792 (U.S.) or 1-201-689-8263 (International) and providing conference ID number 13743734. A replay of the call will be available until February 21, 2024.
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Griffon Corporation (NYSE:GFF) authorizes an additional $200 million share repurchase, bringing the total available under its stock repurchase program to $262 million. During the fiscal year ending September 30, 2023, Griffon repurchased 4.1 million shares of common stock for $150.8 million, with $107.2 million remaining as of September 30, 2023.
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Griffon Corporation (NYSE: GFF) reported fiscal year 2023 revenue of $2.7 billion, a 6% decrease from the prior year. Income from continuing operations was $77.6 million, $1.42 per share, compared to a loss of $287.7 million in the prior year. Adjusted EBITDA from continuing operations was $505.3 million, a 10% increase from the prior year.
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Griffon Corporation (NYSE: GFF) Declares $0.15 Quarterly Cash Dividend - The Board of Directors of Griffon Corporation announced a regular quarterly cash dividend of $0.15 per share. The dividend will be paid on December 14, 2023, to shareholders of record as of November 28, 2023. This news indicates the company's commitment to providing returns to its shareholders and its confidence in its financial stability.
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Griffon Corporation (NYSE: GFF) and B. Riley Financial, Inc. (Nasdaq: RILY) are offering complete wood mills for sale, including real estate and plant machinery in Pennsylvania and Iowa. The assets being auctioned include injection molding, CNC, stamping, and fabrication equipment, as well as plant support assets. The auctions are part of the global sourcing strategy expansion of The AMES Companies, a subsidiary of Griffon Corporation, and will provide manufacturers with the opportunity to acquire top-tier equipment and operational sawmill facilities ready for production.
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GFF: Griffon Corporation to Release Fiscal Q4 and Full Year Results on November 15, 2023, Followed by Conference Call. Dial-in details and replay information provided.
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Griffon Corporation (GFF) reported a 11% decrease in revenue for the fiscal 2023 third quarter, but adjusted income from continuing operations increased by 6%. The Home and Building Products segment outperformed, while the Consumer and Professional Products segment faced challenges. The company is expanding its global sourcing strategy to improve EBITDA margins and reduce costs.
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Griffon Corporation (NYSE:GFF) announced the amendment of its credit agreement, increasing the Revolver Facility from $400 million to $500 million and extending its maturity to August 1, 2028. The amended agreement provides additional financial flexibility and supports working capital requirements, aiming to enhance shareholder value.
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Griffon Corporation (NYSE: GFF) declares a regular quarterly cash dividend of $0.125 per share, payable on September 14, 2023. Shareholders of record as of August 23, 2023, will receive the dividend. This announcement reflects the company's commitment to rewarding shareholders and maintaining financial stability.
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Griffon Corp

NYSE:GFF

GFF Rankings

GFF Stock Data

3.24B
38.32M
19.05%
80.73%
3.98%
Conglomerates
Metal Doors, Sash, Frames, Moldings & Trim
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United States
NEW YORK