Griffon Corporation (GFF) Earnings
Griffon Corporation is expected to report next earnings on August 5, 2026 (in NaN days), with a consensus EPS estimate of $1.33. GFF has beaten EPS estimates in 12 of its last 12 reported quarters (average surprise +6.3% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 7, 2026 | $0.99 | $1.05 | +6.1% | $422M | +1.7% |
| Feb 5, 2026 | $1.34 | $1.45 | +8.2% | $649M | +56.6% |
| Nov 19, 2025 | $1.51 | $1.54 | +2.0% | $662M | +4.9% |
| May 8, 2025 | $1.13 | $1.23 | +8.8% | $612M | -8.5% |
| Feb 5, 2025 | $1.28 | $1.39 | +8.6% | $632M | +3.3% |
| Feb 7, 2024 | $0.75 | $1.07 | +42.7% | $643M | +7.9% |
| Nov 15, 2023 | $0.97 | $1.19 | +22.7% | $641M | -2.1% |
| Aug 2, 2023 | $0.99 | $1.29 | +30.3% | $683M | +4.5% |
| May 3, 2023 | $0.68 | $1.21 | +77.9% | $711M | -1.1% |
| Jan 31, 2023 | $0.81 | $0.86 | +6.2% | $649M | -7.0% |
| Nov 17, 2022 | $0.84 | $1.09 | +29.8% | $709M | +0.0% |
| Jul 28, 2022 | $0.91 | $1.23 | +35.2% | $768M | +0.5% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q2 FY2026 · May 7, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
- Announced strategic actions in February including forming a joint venture with ONCAP for Ames North America businesses, strategic review of Ames Australia and UK businesses. Continuing operations presented as single segment with Global AIMS as discontinued. - Clopay's innovation: Recognized for second year in a row at IBS, VertiStack Avante and C-Power enabled products. - Expect to close joint venture with ONCAP by end of June 2026, receive $100M cash and $161M notes, own 43% and have board representation. - Exited Ames UK business due to economic challenges. - Repurchased 33 million shares in second quarter, $247M remaining under authorization. Board authorized quarterly dividend of 22 cents per share.
Guidance
Maintaining fiscal 2026 guidance: Expect revenue of $1.8 billion on continuing operations, adjusted EBITDA $458 million, free cash flow from continuing operations to exceed income from continuing operations, capital expenditures $50 million, depreciation $27 million, amortization $15 million, interest expense $93 million (excluding joint venture interest income), normalized tax rate 28%.
Segment performance
Second quarter revenue was $422 million, a 1% year-over-year decrease, with a 6% volume reduction in residential partially offset by a 5% price and mix improvement. Adjusted EBITDA was $98 million, down 4% year-over-year. Profit for the quarter was $192 million with a 45.5% gross margin. Selling general and administrative expenses were $105 million, or 24.8% of revenue. DAP income from continuing operations was $47 million, or $1.03 per share. Year-to-date free cash flow from continuing operations was $101 million compared to $114 million in the prior year.
Analyst Q&A
Q: As we think about your fiscal second half, any changes to end market assumptions?
A: Expect second half quarters similar to recent, residential volume soft, commercial roughly flat, benefit from price and mix; Clopay had price increases effective end of March.
Q: Detail on pro forma cash generation profile?
A: Cash flow primarily from Clopay, slightly less than historical due to removed AIMS tools businesses, balance sheet impact from discontinued operations.
Q: Innovation pipeline and growth?
A: Clopay is leading brand, commercial business in development, core business repair and remodel driven.
Q: Impact of steel prices?
A: Generally a four- or five-month lag of purchase to cost realization.
Q: Price mix and mix improvement?
A: Quarter saw more price than mix benefit, innovation drives higher-end products.
Q: Capital allocation post-focus?
A: Continue share repurchases, deleveraging, M&A not on table.
Q: Hunter fan business?
A: Stable currently.
Q: HVP integration and joint venture interest income?
A: Leveraging Hunter commercial fan, $161M PIP notes with 10% interest rate.