Griffon Corp (GFF) - Tuesday, Jun 4, 2024
68 Views03 Sep 2024 11:09
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- Griffon is a mini-conglomerate with divisions in garage doors and home goods, including garden tools and ceiling fans
- Home goods division struggling due to restructuring efforts and Covid-19 impact, with volumes dropping nearly 50% in the last 2 years
- Garage doors division has been performing well, with margins exceeding targets and EBITDA tripling in recent years, but faces concerns about potential price pressures and competition from large customers like Home Depot
This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.
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