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GFF Griffon News Story

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Garage doors maker Griffon's Q4 revenue beats estimates

Overview

Griffon Q4 revenue beats analyst expectations, totaling $662.2 mln

Fiscal 2025 revenue declines 4% to $2.5 bln, impacted by goodwill impairments

Adjusted net income for fiscal 2025 rises to $263.6 mln, despite revenue decline

Outlook

Griffon expects fiscal 2026 revenue to be $2.5 bln

Company anticipates 2026 adjusted EBITDA of $580 mln to $600 mln

Griffon expects 2026 free cash flow to exceed net income

Result Drivers

HBP PERFORMANCE - HBP segment maintained stable revenue with favorable price and mix offsetting decreased residential volume

CPP CHALLENGES - CPP segment faced a 10% revenue decline due to reduced demand in North America and UK, and disrupted US ordering patterns

CASH FLOW AND RETURNS - Co generated $323 mln free cash flow, supporting share repurchases and dividends

Key Details

MetricBeat/MissActualConsensus Estimate
Q4 RevenueBeat$662.20 mln$632.80 mln (6 Analysts)
Q4 Net Debt$1.31 bln
Analyst Coverage The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 7 "strong buy" or "buy", no "hold" and no "sell" or "strong sell" The average consensus recommendation for the construction supplies & fixtures peer group is "buy." Wall Street's median 12-month price target for Griffon Corp is $100.00, about 33.1% above its November 18 closing price of $66.86 The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 13 three months ago Press Release: ID:nBw65ds6Qa For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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