Griffon Corp
NYSE:GFF

  • LAST PRICE
    74.2500
  • TODAY'S CHANGE (%)
    1.5600 (2.1461%)
  • Bid / Lots
    73.7400/ 1
  • Ask / Lots
    74.6400/ 1
  • Open / Previous Close
    73.2700 / 72.6900
  • Day Range
    72.0550
    74.6800
  • 52 Week Range
    29.7850
    77.9900
  • Volume
    751,787

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    • 8:35AM ET on Wednesday May 08, 2024 by MT Newswires
      Companies Mentioned: GFF
      08:35 AM EDT, 05/08/2024 (MT Newswires) -- Griffon (GFF) reported fiscal Q2 adjusted earnings Wednesday of $1.35 per diluted share, up from $1.21 a year earlier. Analysts surveyed by Capital IQ expected $0.84. Revenue for the quarter ended March 31 ...

    • 7:37AM ET on Wednesday May 08, 2024 by MT Newswires
      Companies Mentioned: GFF
      07:37 AM EDT, 05/08/2024 (MT Newswires) -- ...

    • 7:32AM ET on Wednesday May 08, 2024 by Dow Jones
      Companies Mentioned: GFF

    • 7:32AM ET on Wednesday May 08, 2024 by Dow Jones
      Companies Mentioned: GFF
      Gain on sale of assets and investments (1,075) (10,852) Change in assets and liabilities: Increase in accounts receivable (33,503) (19,431) Decrease in inventories 56,250 64,582 (Increase) decrease in prepaid and other assets (5,766) 3,451 Increase (decrease) in accounts payable, accrued liabilities, income taxes payable and operating lease liabilities 7,979 (51,409) Other changes, net 1,579 5,384 ----------- ---------- Net cash provided by operating activities 185,860 161,636 CASH FLOWS FROM INVESTING ACTIVITIES: Acquisition of property, plant and equipment (33,289) (11,837) Payments related to sale of business -- (2,568) Proceeds from the sale of property, plant and equipment 1,272 11,834 ----------- ---------- Net cash used in investing activities (32,017) (2,571) CASH FLOWS FROM FINANCING ACTIVITIES: Dividends paid (21,676) (12,824) Purchase of shares for treasury (222,421) (12,989) Proceeds from long-term debt 179,500 45,419 Payments of long-term debt (67,184) (119,110) Other, net (262) (127) ----------- ---------- Net cash used in financing activities (132,043) (99,631) GRIFFON CORPORATION AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - continued (in thousands) (Unaudited) Six Months Ended March 31, -------------------------------- 2024 2023 ----------- ---------- CASH FLOWS FROM DISCONTINUED OPERATIONS: Net cash used in operating activities (3,273) (2,598) Net cash used in discontinued operations (3,273) (2,598) Effect of exchange rate changes on cash and equivalents 1,614 (1,428) ----------- ---------- NET INCREASE IN CASH AND EQUIVALENTS 20,141 55,408 CASH AND EQUIVALENTS AT BEGINNING OF PERIOD 102,889 120,184 ----------- ---------- CASH AND EQUIVALENTS AT END OF PERIOD $ 123,030 $ 175,592 =========== ==========

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