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Griffon reports Q2 EPS $1.21, consensus 65c

Reports Q2 revenue $710.98M, consensus $719.04M. "Griffon’s financial results through the first half of 2023 exceeded expectations, driven by the performance of our Home and Building Products ("HBP") segment. HBP’s strong results reflect growth in commercial volume and favorable pricing and mix. In addition, we are expanding business development efforts and further improving productivity as HBP’s residential sectional door backlog and lead times have returned to normal levels," said Ronald Kramer, chairman and CEO.

Published first on TheFly

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