GFF

Over the past six months, Griffon Corp.'s stock price has increased by 30.19%, reaching $92.55 per share as of May 1, 2026. Key events include a strategic transformation to focus on North American building products, better-than-expected fiscal Q2 2026 results despite softer sales volumes, continued capital return strategy with stock repurchases and dividends, and reports of demand softness leading to revenue decline. The company announced a series of strategic actions to focus on becoming a pure-play North American building products company, including forming a joint venture for its AMES North America businesses and reviewing its AMES Australia and UK businesses. Griffon reported better-than-expected fiscal Q2 2026 results, beating both earnings and revenue estimates, and reaffirmed its full-year 2026 outlook. The company has continued its capital return strategy, repurchasing $33 million of stock and declaring a quarterly dividend of $0.22 per share. There have been reports of demand softness, leading to a 2.7% annual revenue decline over the last two years, with sales expected to fall a further 28.7% over the next 12 months.