Every material Form 8-K Griffon has filed with the SEC since May 08, 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
On August 18, 2026, Griffon completed an $800 million private offering of 6.25% senior notes due October 1, 2034, with net proceeds of approximately $792 million. The same day it entered a Third Amendment that replaces its $500 million revolving credit facility and extends that facility's maturity to August 18, 2031. The filing adds new long-term debt and secured borrowing terms, which shareholders should weigh against the company's existing obligations.
Notes: $800 million principal, 6.25% annual interest paid semi-annually, maturing October 1, 2034; net proceeds about $792 million.
Revolving credit facility: $500 million, maturity extended to August 18, 2031; initial Term SOFR margin of 1.75%.
Revolver is secured by liens on substantially all assets of the company and guarantors; maintenance tests include a maximum 5.50 to 1.00 consolidated leverage ratio.
Bank of America, N.A. is administrative agent for the credit agreement; BofA Securities was representative of the notes initial purchasers.
Griffon Corporation agreed on August 10, 2026 to sell $800 million of 6.25% senior notes due 2034 to initial purchasers led by BofA Securities. The company said it intends to use the net proceeds to redeem all of its outstanding 5.750% senior notes due 2028, plus pay related fees, premiums and accrued interest. The filing does not state the effect on interest expense or leverage.
Principal amount: $800 million of 6.250% senior notes due 2034, guaranteed by subsidiaries
Purpose: redeem all outstanding 5.750% senior notes due 2028 and pay related fees and expenses
Agreement dated August 10, 2026; press release on pricing issued the same day
Notes sold without SEC registration, under exemptions from the Securities Act of 1933
Griffon reported fiscal third-quarter 2026 revenue of $481.4 million, up 7% from a year earlier, with income from continuing operations of $66.3 million, or $1.47 per diluted share, compared with a loss in the prior-year quarter that included a goodwill and intangible impairment. The company also gave fiscal 2026 revenue and adjusted EBITDA expectations of $1.8 billion and $458 million, which matter to shareholders as a current view of full-year performance.
Revenue was $481.4 million, up 7% from $449.7 million, driven by price and mix of 6% and volume of 1%.
Adjusted EPS from continuing operations was $1.51, versus $1.39 a year earlier; adjusted EBITDA was $124.8 million, up 2% from $122.3 million.
Leverage was 2.2x net debt to EBITDA at June 30, 2026; the company repurchased shares for $53.2 million during the quarter, with $193.8 million remaining under its authorization.
Fiscal 2026 outlook: revenue of $1.8 billion, adjusted EBITDA of $458 million, and interest expense now expected to be $80 million.
On July 31, 2026, Griffon closed the sale of its AMES Australasia business to a joint venture led by the business's management with Australian financial investors. Griffon received $181 million in cash, a PIK note with a face value of AUD 69.3 million (USD $48.6 million), and a 49% indirect equity interest, and it used proceeds to repay the remaining $285 million of Term Loan B.
Cash received at closing: AUD 258 million (USD $181 million)
PIK note from the joint venture: AUD 69.3 million (USD $48.6 million), 10% annual interest, capitalized, maturing up to 10 years from issuance
Griffon holds 49%; Simon Hupfeld, the Executive Chairman of the business, leads and controls the remaining 51%
Griffon repaid the remaining $285 million of Term Loan B on July 31, 2026
On June 9, 2026, Griffon closed the joint venture of its AMES United States and Canada businesses with Venanpri Tools, majority owned by ONCAP. Griffon received $100 million in cash, second lien loans of $90.0 million and $71.1 million through its subsidiary, and a 42.78% equity interest in the buyer. Separately, on June 8, 2026, Griffon agreed to sell its AMES Australasia business for $185 million in cash plus a $50 million subordinated note, and will hold a 49% indirect stake in that joint venture.
Closing on June 9, 2026: buyer acquired AMES equity for $100 million cash, $90.0 million Tranche A and $71.1 million Tranche B second lien loans, and a 42.78% equity interest in the buyer
Second lien loans bear 10.0% payment-in-kind interest and mature December 9, 2029; Griffon 2L Loan Holdco, a wholly owned Griffon subsidiary, is the lender
June 8, 2026 share sale agreement for AMES Australasia: $185 million cash at closing and a $50 million subordinated note, with Griffon holding 49% indirect equity in the new joint venture
Griffon reported fiscal second-quarter 2026 revenue of $421.9 million, down 1% from a year earlier, with income from continuing operations of $46.9 million, or $1.03 per diluted share, versus $49.8 million, or $1.06, a year earlier. Net income fell to $19.3 million from $56.8 million, reflecting a $27.6 million loss from discontinued operations, and the company kept its fiscal 2026 outlook unchanged.
Revenue $421.9 million, down 1% from $426.7 million; volume fell 6%, mainly in residential, partly offset by 5% favorable price and mix
Adjusted EBITDA from continuing operations $97.8 million, down 4% from $101.7 million
Adjusted EPS from continuing operations $1.05, flat with the prior-year quarter
Fiscal 2026 guidance unchanged: revenue $1.8 billion and adjusted EBITDA $458 million
Griffon reported fiscal first-quarter 2026 revenue of $649.1 million, up 3%, while net income fell to $64.4 million, or $1.41 per diluted share, from $70.9 million, or $1.49. The company also announced a joint venture with ONCAP for its AMES U.S. and Canada businesses, a strategic review of AMES Australia and UK, and a combination of Hunter Fan with the HBP segment, which will be reported as discontinued operations starting in fiscal second quarter.
Revenue $649.1 million, up 3% from $632.4 million; diluted EPS $1.41 vs. $1.49, adjusted EPS $1.45 vs. $1.39
Adjusted EBITDA $129.6 million, down 1% from $131.2 million
Joint venture with ONCAP covers AMES U.S. and Canada; AMES Australia and UK under strategic review
Fiscal 2026 outlook: continuing-operations revenue of $1.8 billion and adjusted EBITDA of $520 million, excluding $62 million of unallocated costs
Griffon reported fiscal 2025 revenue of $2.5 billion, down 4% from the prior year, and net income of $51.1 million ($1.09 per share), down from $209.9 million ($4.23 per share). Results included a $217.2 million net-of-tax charge for third-quarter goodwill and intangible asset impairments in the Consumer and Professional Products segment, while adjusted net income rose to $263.6 million ($5.65 per share). The company also announced a 22% increase in its regular quarterly dividend to $0.22 per share.
Fiscal 2025 revenue was $2.5 billion, down 4% from $2.6 billion; fourth-quarter revenue was $662.2 million, up from $659.7 million.
Fourth-quarter net income was $43.6 million ($0.95 per share), down from $62.5 million ($1.29 per share); adjusted net income was $70.9 million ($1.54 per share) versus $70.9 million ($1.47 per share).
Free cash flow was $323.0 million in fiscal 2025, and leverage fell to 2.4x from 2.6x; the company repurchased 1.9 million shares for $134.7 million.
For fiscal 2026, Griffon expects revenue of $2.5 billion and adjusted EBITDA of $580 million to $600 million.
Griffon reported fiscal third-quarter revenue of $613.6 million, down 5%, and a net loss of $120.1 million, or $2.65 per share, which included a $217.2 million after-tax impairment of Hunter Fan goodwill and intangibles. The company cut its fiscal 2025 revenue expectation to $2.5 billion from $2.6 billion, citing weak Consumer and Professional Products demand, while keeping its segment adjusted EBITDA guidance at $575 million to $600 million.
Q3 revenue was $613.6 million, down 5% from $647.8 million a year earlier; Consumer and Professional Products revenue fell 16%.
Adjusted EBITDA rose 7% to $134.7 million; adjusted earnings per share were $1.50, up from $1.24.
Fiscal 2025 revenue guidance was lowered by $100 million to $2.5 billion, attributed to the CPP segment.
Year to date, free cash flow was $261 million and the company repurchased $113 million of stock.
Griffon reported fiscal second-quarter 2025 revenue of $611.7 million, down 9% from $672.9 million a year earlier, and net income of $56.8 million, or $1.21 per diluted share, versus $64.1 million, or $1.28, in the prior-year quarter. Adjusted EBITDA fell 12% to $118.5 million, and management said it is maintaining its full-year financial guidance despite uncertain economic conditions and tariff policy.
Revenue of $611.7 million fell 9% from $672.9 million; Home and Building Products fell 6% and Consumer and Professional Products fell 13%.
Net income of $56.8 million, or $1.21 per diluted share, compared with $64.1 million, or $1.28, a year earlier; adjusted EPS was $1.23 versus $1.35.
Adjusted EBITDA of $118.5 million decreased 12% from $134.2 million.
Management maintained full-year financial guidance; $359.8 million remained under the Board's share repurchase authorization as of March 31, 2025.
Griffon Corporation reported fiscal first-quarter 2025 results for the period ended December 31, 2024. Net income rose to $70.9 million, or $1.49 per diluted share, from $42.2 million, or $0.82, a year earlier, while revenue fell 2% to $632.4 million. Management said it is on track to meet its financial targets for the year.
Revenue was $632.4 million, down 2% from $643.2 million a year earlier.
Adjusted EBITDA rose 13% to $131.2 million, and adjusted earnings per share were $1.39 versus $1.07.
Free cash flow was $142.7 million, and $390.3 million remained under the share repurchase authorization at December 31, 2024.
Net debt was $1.32 billion, with leverage of 2.4x net debt to EBITDA.
Griffon reported fiscal 2024 revenue of $2.6 billion, down 2% from the prior year, while net income rose to $209.9 million from $77.6 million. Fourth-quarter revenue grew 3% to $659.7 million, and the board approved a $400 million share buyback and a 20% dividend increase, which the company says reflects its confidence in its outlook.
Fiscal 2024 revenue $2.6 billion, down 2% from $2.7 billion; fourth-quarter revenue $659.7 million, up 3%
Fiscal 2024 net income $209.9 million, or $4.23 per share, versus $1.42 per share a year earlier; fourth-quarter EPS $1.29 versus $0.79
Board approved a $400 million share buyback and raised the regular quarterly dividend 20% to $0.18 per share
Fiscal 2025 outlook: revenue consistent with 2024 at $2.6 billion; adjusted EBITDA $575 million to $600 million
Griffon reported fiscal third-quarter 2024 revenue of $647.8 million, down 5% from the prior year, and diluted earnings per share of $0.84 versus $0.90. Adjusted EBITDA fell 9% to $125.5 million, and the company said it still expects to meet its previously provided full-year 2024 guidance.
Revenue of $647.8 million versus $683.4 million a year earlier, a 5% decrease
Net income of $41.1 million, or $0.84 per share, versus $49.2 million, or $0.90 per share; adjusted EPS was $1.24 versus $1.29
Adjusted EBITDA of $125.5 million, down 9% from $138.6 million; restructuring charges were $18.7 million in the quarter
Full-year 2024 outlook unchanged: revenue of $2.65 billion and Adjusted EBITDA of $555 million
Griffon amended its credit agreement to reprice its $459 million Term Loan B, lowering the SOFR spread from 2.50% to 2.25%, removing the credit spread adjustment, and reducing the SOFR floor from 50 to 0 basis points. The company estimates the change will save $1.8 million in annual cash interest expense based on the current balance. Shareholders may see lower borrowing costs, but prepaying the loan within six months of the amendment would require a premium of 1% of the amount prepaid.
Outstanding Term Loan B balance of $459 million, maturing January 2029
SOFR spread reduced from 2.50% to 2.25%; credit spread adjustment of 15 basis points removed
Estimated annual cash interest savings of $1.8 million based on current outstanding balance
Prepayment within six months of the amendment triggers a premium of 1% of the amount prepaid
Griffon reported fiscal second-quarter 2024 revenue of $672.9 million, down 5% from the prior year, while net income was $64.1 million, or $1.28 per diluted share, compared with a net loss of $62.3 million a year earlier. The company raised its full-year 2024 segment EBITDA guidance to $555 million from $525 million and its revenue outlook to $2.65 billion from $2.6 billion, which would benefit shareholders if achieved.
Q2 revenue was $672.9 million, down 5% from $711.0 million in the prior year quarter.
Net income was $64.1 million, or $1.28 per diluted share, versus a net loss of $62.3 million, or $1.17 per share, a year earlier.
Adjusted earnings per share were $1.35, compared with $1.21 in the prior year quarter.
2024 outlook: segment adjusted EBITDA raised to $555 million from $525 million; revenue raised to $2.65 billion from $2.6 billion.
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