GRIFFON CORP reported quarterly 2026 results with revenue of $481.37M, up 7% from $449.69M a year earlier, and net income of $51.63M versus a loss of ($120.14M) in the prior-year quarter; diluted EPS was $1.14 compared with ($2.65) in the year-ago period.
Financial Highlights
| MetricCurrent quarterPrior year quarterYoY change | Revenue¹$481.37M$449.69M7% | Net income²$51.63M($120.14M)143% | Diluted EPS³$1.14($2.65)143% |
¹ Reported as “Revenue”. ² Reported as “Net income”. ³ Reported as “Diluted earnings (loss) per common share”.
Business Highlights
- Revenue growth was driven by price and mix improvements, with residential and commercial channels contributing to strength across the portfolio.
- Completed the Veritage joint venture (AMES U.S./Canada) and formed the AMES Australasia JV, moving the company toward a pure-play building products portfolio.
- Reportable segments were consolidated to one; AMES North America/Australia/U.K. businesses were reclassified as discontinued operations.
- Gross margins were pressured by higher material costs and lower overhead absorption despite the revenue increase.
Original SEC Filing:
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