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0 -0.000251968503936958 0 0 0.00363968503937006 0.00749606299212597 0.00447244094488194 0.00881889763779531
Stock impact report

Griffon Stock Exhibits Strong Prospects Despite Headwinds [Yahoo! Finance]

Griffon Corporation (GFF) 
Last griffon corporation earnings: 4/28 04:05 pm Check Earnings Report
US:NYSE Investor Relations: ir.griffon.com/investor-overview
Company Research Source: Yahoo! Finance
Increased demand for residential products, supported by the resiliency of repair and remodeling activity in the residential construction market, is driving the segment's results. The U.S. residential construction market is seeing a recovery in single-family housing, supported by lower interest rates and builder incentives, which is likely to be beneficial for the segment in the quarters ahead. The recovery in the commercial construction market, driven by several projects undertaken by customers, is expected to benefit the segment. Griffon has been strengthening its business through acquisitions. In July 2024, it acquired an Australia-based company, Pope (a provider of residential watering products), through its subsidiary, The AMES Companies, Inc., (“AMES”). Pope, which has been added to the Consumer and Professional Products (CPP) segment, has expanded the company's product portfolio in the Australian market. The acquisition of Pope is anticipated to generate annual revenues of aro Show less Read more
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