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Article: Griffon Corporation Announces Record Operating Results for the Second Quarter of Fiscal 2004.
- Article from:
- PR Newswire
- Article date:
- April 29, 2004
CopyrightCOPYRIGHT 2004 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Griffon Corporation today reported record operating performance for the second quarter of fiscal 2004, ended March 31, 2004, with each of its operating units reflecting increases in sales, operating income and margins.
Net sales for the quarter were $317,636,000 compared to $277,330,000 for the second quarter of fiscal 2003. Income before income taxes increased to $19,348,000 from $11,236,000. Net income was $8,662,000 in the current quarter, up from $4,617,000 in the second quarter of 2003. Basic earnings per share for the quarter was $.29 compared to $.14 last year and diluted earnings per share was $.27 compared to $.14 in 2003.
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