GFF News & Analysis
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Griffon (GFF) Q3 2026 Earnings: Revenue Up 7%, Cash Received $281M
Griffon Corporation (GFF) reported a 7% organic revenue increase in Q3 2026 and a 2% increase in EBITDA. The company generated free cash flow of $194 million year-to-date and is maintaining its annual revenue and EBITDA guidance of $1.8 billion and $458 million, respectively. Recently, Griffon closed a joint venture in Australasia, receiving $181 million in cash and a $49 million note, contributing to a total of $281 million from strategic transactions. This solid performance reflects Griffon's ability to withstand challenges in the U.S. housing and commercial construction markets, which is significant for investors considering the stability of their operations.
Read More: Griffon (GFF) Q3 2026 Earnings: Revenue Up 7%, Cash Received $281M
Griffon Corporation (GFF) CFO Sold 11,050 Shares for $103.27 Each
On August 5, CFO Brian G. Harris of Griffon Corporation (NYSE:GFF) sold 11,050 shares at a weighted average price of $103.27. After this transaction, he retains approximately 139,000 shares worth around $14.28 million. Griffon has a market capitalization of $4.9 billion and reported trailing-twelve-month revenue of $2.5 billion. The stock has increased nearly 50% over the past year, reflecting a strong market performance. This sale may raise questions for investors about insider confidence and future stock trends.
Read More: Griffon Corporation (GFF) CFO Sold 11,050 Shares for $103.27 Each
Griffon Corporation (GFF) Insider Sold 37,061 Shares for $103.32
Robert F. Mehmel, president and COO of Griffon Corporation (NYSE:GFF), sold 37,061 shares at a weighted average price of $103.32 on August 5 and 6. After the sale, he retains about 753,000 shares, valued at $80.05 million based on the August 6 market close of $106.30. The sale price was approximately 2.8% below the recent closing price. Griffon’s stock has appreciated 50% in the last twelve months, reflecting strong investor confidence in the company’s performance and market strategy for its consumer and professional products division.
Read More: Griffon Corporation (GFF) Insider Sold 37,061 Shares for $103.32
Griffon Corp (GFF) DEF 14A Filing Noted for April 14 Submission
Griffon Corp (GFF) has submitted its DEF 14A filing, which is expected to outline key governance policies and shareholder proposals for the upcoming annual meeting. This filing is an important step in the corporate governance process and helps provide investors with information regarding management and board structure. Shareholders will review proposals on issues such as executive compensation and board member election. The filing date of April 14 indicates the timeline for shareholder engagement and voting decisions.
Read More: Griffon Corp (GFF) DEF 14A Filing Noted for April 14 Submission