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

Metric Beat/Mis Actual Consensu

s s

Estimate

Q4 Beat $662.20 $632.80

Revenue mln mln (6

Analysts

)

Q4 Net $1.31

Debt 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 ( GFF ) 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:

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(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.)