The company targets closing its AMES joint venture by June 2026 amid revenue and profitability growth forecasts.
Griffon Corporation outlined fiscal 2026 financial targets, projecting $1.8 billion in revenue and $458 million in adjusted EBITDA. The forecasts reflect anticipated growth driven by operational improvements and strategic initiatives.
The company previously reported fiscal 2025 revenue of $1.6 billion and adjusted EBITDA of $380 million. Analysts had expected modest growth, but Griffon’s projections exceed consensus estimates for the period.
Griffon also confirmed plans to finalize the AMES joint venture by the end of June 2026, aligning with its long-term expansion strategy.