Griffon Revenues Up 12 Per Cent

Griffon Corporation had consolidated revenue of $634.8 million for the second quarter of fiscal 2021 ended March 31. This is a 12 per cent increase compared to the prior-year quarter revenue of $566.4 million. Net income totaled $17.1 million compared to $900,000 in the year-ago quarter, while adjusted earnings were $67.8 million, up 41 per cent from $48 million in the prior year. The consumer and professional products segment had revenue of $331.9 million, up 21 per cent year-over-year and the home and building products segment had revenue of $242.8 million, up 16 per cent.