Griffon Corporation (NYSE:GFF) delivered stronger-than-expected fourth-quarter results on Wednesday, with adjusted earnings of $1.54 per share, edging past analyst forecasts of $1.51, and revenue of $662.2 million, beating consensus estimates of $631.41 million.
Quarterly sales ticked up from $659.7 million a year earlier, supported primarily by continued strength in the Home and Building Products (HBP) unit. HBP revenue grew 3% to $420.3 million, helped by favorable pricing and product mix in commercial markets. That performance offset weakness in the Consumer and Professional Products (CPP) division, where revenue declined 4% to $241.9 million, reflecting softer consumer demand across North America and the U.K.
Chairman and CEO Ronald Kramer said the company was encouraged by its performance despite ongoing economic headwinds, noting, “We are very pleased with our results for the fourth quarter and fiscal year, particularly in light of the challenging macroeconomic environment.” He added that “The continued strong performance from the Home and Building Products segment, combined with meaningful profitability improvement in our Consumer and Professional Products segment, underscores the strength of our portfolio and operational discipline.”
For fiscal 2025, Griffon reported adjusted net income of $263.6 million, or $5.65 per share, up from $254.2 million, or $5.12 per share, the prior year. Total annual revenue slipped 4% to $2.5 billion from $2.6 billion in fiscal 2024.
Looking to fiscal 2026, the company projected revenue of $2.5 billion and adjusted EBITDA between $580 million and $600 million, excluding unallocated costs. Griffon expects revenue in both HBP and CPP to remain broadly consistent with 2025, with HBP maintaining EBITDA margins above 30% and CPP improving to roughly 10%.
The company also boosted its quarterly dividend by 22% to $0.22 per share, signaling confidence in its ongoing strategy and financial trajectory.
Griffon Corporation stock price
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