Griffon Sets $1.8B Revenue Target, Pursues Pure-Play Strategy through Joint Ventures and Divestitures

Griffon Corporation, a finance company, has outlined a revenue target of $1.8 billion and plans to transform into a pure-play through joint ventures and divestitures. The company's Q1 2026 earnings call highlighted major strategic actions, including the creation of a joint venture involving AMES North America and Venanpri Tools. Griffon reported free cash flow of $1.0 million and adjusted EBITDA of $35.2 million.