Griffon Q3 revenue falls 5% to $647.8 million; diluted EPS drops to $0.84
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.
Key points
- 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
The filing
Written by AI on Nov 8, 2026, 1:00 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 07, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.