Griffon Corporation Soars 12.55% Despite Revenue Shortfall

Griffon Corporation (NYSE:GFF) surged 12.55% in pre-market trading on August 12, 2025, marking a significant uptick in its stock price.

Griffon Corporation, a multi-industry manufacturer of consumer and professional products, reported a shortfall in revenue expectations for the second quarter of 2025. The company's performance was impacted by weak consumer demand and increased tariffs, which have been persistent challenges for the company.

In the third quarter, Griffon reported a substantial goodwill and intangible asset impairment of US$243.61 million, resulting in a net loss of US$120.14 million. This impairment, largely tied to a past acquisition, led to a downward revision of full-year revenue expectations to US$2.5 billion. The company's ongoing challenges from weak consumer demand and tariffs have raised concerns about its long-term growth outlook.

Despite these challenges, Griffon has affirmed its quarterly cash dividend, indicating confidence in its ability to generate reliable cash flows. This move suggests that the company remains committed to shareholder returns as it navigates through operational difficulties. However, investors should be cautious of persistent weak consumer demand and rising input costs, which may further test the company's financial health.