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.
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Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Griffon's position in the market.
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.
