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.
The AMES Companies celebrates its 250th anniversary, marking a significant milestone as a historic U.S. company. Founded in 1774, AMES started by creating America's first metal shovels and has grown into a leading provider of hand-powered landscaping tools. Today, AMES manages over 22 brands worldwide in the cleaning, home organization, lawn and garden, and outdoor living sectors. Headquartered in Orlando, AMES is a wholly-owned subsidiary of Griffon (NYSE:GFF). Notable historical contributions include supplying shovels during the Revolutionary War, the California Gold Rush, the construction of the Union Pacific Railroad, the Panama Canal, and the Empire State Building, among others. President Bill Glusing praises the dedication of AMES team members and their commitment to quality and innovation. Griffon supports AMES through strategic oversight and resource allocation, further enhancing its growth and diversification.
Griffon reported its fiscal 2024 second-quarter results, showing a 5% decrease in revenue to $672.9 million. However, net income improved to $64.1 million, or $1.28 per share, compared to a loss in the prior year quarter. Adjusted net income was $67.5 million, or $1.35 per share. The company raised full-year segment EBITDA guidance to $555 million, repurchased shares, and announced a global sourcing strategy expansion for CPP.
Griffon (NYSE: GFF) declared a regular quarterly cash dividend of $0.15 per share, payable on June 20, 2024. Griffon is a diversified holding company overseeing subsidiaries specializing in home and building products and consumer and professional tools.
Griffon is set to announce its fiscal second-quarter results on May 8, 2024, with a subsequent conference call. Griffon is a diversified management and holding company overseeing its subsidiaries in the Home and Building Products and Consumer and Professional Products segments.
FAQ
What is the current stock price of Griffon (GFF)?
What is the market cap of Griffon (GFF)?
