CHARLOTTE, N.C., July 2, 2024 /PRNewswire/ -- JELD-WEN Holding, Inc. (NYSE: JELD), a leading global manufacturer of building products, announced today that it will release second quarter 2024 results on Monday, August 5, 2024. The company will hold a conference call to discuss the results at 8 a.m. EDT on Tuesday, August 6, 2024. Interested investors and other parties can access the call either via webcast found on the Investor Relations section of the company's website at investors.JELD-WEN.com, or by dial ...

Stoddard will succeed Julie C. Albrecht CHARLOTTE, N.C., June 17, 2024 /PRNewswire/ -- JELD-WEN Holding, Inc. (NYSE: JELD) today announced that current JELD-WEN North America CFO and head of global financial planning and analysis, Samantha L. Stoddard will succeed Julie C. Albrecht as EVP, chief financial officer effective July 1, 2024. Albrecht will step down from her role on June 30 and will serve in an advisory capacity for a period of time to ensure continuity and a successful transition. Samantha Stodd ...

Underexposure to the new housing construction market is hurting this door and window company. In response to the difficult first quarter and challenging conditions in the housing market, management lowered its full-year revenue and adjusted earnings before interest, depreciation, and amortization (EBITDA) guidance. Instead of a full-year core revenue decline of flat to 7%, management now expects revenue to decline between 5% and 9%. Furthermore, instead of guidance for full-year adjusted EBITDA in the range ...

itchySan Synopsis JELD-WEN Holding, Inc. (NYSE:JELD) is in the Construction and Repair & Remodel [R&R] industry. They manufacture and distribute high-quality interior and exterior doors, windows, and other related building items. Its revenue growth in the United States and Europe has been somewhat lackluster, which is understandable given the slow housing market and high-interest rate climate. The housing market is showing mixed signs of improvement in 2024, but there has been significant growth in single-f ...

Turning to Europe. The market continues to be soft across all countries. Commercial construction activity remains weak, and the updated forecast now shows 10% to 15% declines in commercial projects while permits are already trending down 12% year-over-year. Like in North America, European commercial construction activity is being delayed due to continued high interest rates. Residential housing also remains challenged with housing starts down by high single-digits with weakness in almost every region. James ...

r FV 91 N FREE FREE STATE AND THE FORM FOR THE FORM TH Two-Pronged Approach Short Term Strengthen Foundation Long Term Profitable Growth PEOPLE, PERFORMANCE & STRATEGY 14 Key Levers People Performance Culture & Growth Cost Capabilities ▪ Safety-first mindset ▪ Improve organizational health ▪ Align accountability and incentives ▪ Increase salesforce efficiency ▪ Upgrade go-to-market process ▪ Optimize pricing foundation ▪ Invest in process automation ▪ Consolidate footprint ▪ Utilize scale and streamline sou ...

JELD-WEN (JELD) came out with quarterly earnings of $0.21 per share, beating the Zacks Consensus Estimate of $0.20 per share. This compares to earnings of $0.35 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5%. A quarter ago, it was expected that this company would post earnings of $0.25 per share when it actually produced earnings of $0.37, delivering a surprise of 48%.Over the last four quarters, the company has surpassed ...

JELD-WEN Reports First Quarter 2024 Results and Updates Full Year Guidance May 6, 2024 Charlotte, N.C. - JELD-WEN Holding, Inc. (NYSE: JELD) ("JELD-WEN" or the "Company") today announced results for the three months ended March 30, 2024. Additionally, the Company has updated its full year 2024 guidance. Comparability is to the same period in the prior year and all periods presented reflect the Company's Australasia segment as a discontinued operation, as appropriate and unless otherwise noted. First Quarter ...

CHARLOTTE, N.C., May 6, 2024 /PRNewswire/ -- JELD-WEN Holding, Inc. (NYSE: JELD) ("JELD-WEN" or the "Company") today announced results for the three months ended March 30, 2024. Additionally, the Company has updated its full year 2024 guidance. Comparability is to the same period in the prior year and all periods presented reflect the Company's Australasia segment as a discontinued operation, as appropriate and unless otherwise noted. First Quarter Highlights Net revenues from continuing operations of $959 ...

JELD-WEN (JELD) shares soared 11.5% in the last trading session to close at $20.97. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 8.7% loss over the past four weeks.Jeld-Wen's rally is buoyed by optimism regarding the company’s ongoing productivity actions and cost savings efforts. Also, its focus on streamlining its business through initiatives like, transformation journey and divestiture bodes well. Recently, the company anno ...