Griffon Gains From Business Strength & Buyouts Amid Headwinds
Key Takeaways Griffon gains from resilient residential repair and remodeling and commercial construction recovery.Acquisitions like Pope and Hunter expanded CPP's product range, with Pope adding 1% to Q3 revenues.CPP sales fell 16% in Q3 FY25 on weak demand, while GFF's debt stood at 107.3M cash.Griffon Corporation (GFF) is benefiting from solid demand in the residential market, supported by the resiliency of repair and remodeling activity in the residential construction sector. The recovery ...