Welcome to our dedicated page for Jeld Wen Holding news (Ticker: JELD), a resource for investors and traders seeking the latest updates and insights on Jeld Wen Holding stock.
JELD-WEN Holding, Inc. manufactures and distributes interior and exterior doors, windows and related building products for new construction and repair and remodeling markets. Its news centers on operating results, guidance, segment performance in North America and Europe, and demand indicators such as volume/mix, price-cost trends and foreign exchange.
Company updates also cover cost-reduction actions, portfolio reviews involving regional businesses, governance and financial reporting leadership, and the brand portfolio that includes JELD-WEN, LaCantina, VPI, Swedoor and DANA.
JELD-WEN, a global leader in building products manufacturing, has achieved a significant milestone by being named to Newsweek's Most Trustworthy Companies in America list for the fourth consecutive year since the list's creation in 2022.
The 2025 recognition was based on a comprehensive evaluation process that included:
- A survey of 25,000 U.S. respondents
- Social listening analysis of internet mentions over five months
- Assessment of perspectives from consumers, employees, and investors
Companies eligible for consideration needed to be U.S.-headquartered with minimum revenue of $500 million. Out of all evaluated companies, 700 made the final list. CEO William J. Christensen emphasized that this recognition reflects the company's dedication to their core values and commitment to building trust with stakeholders.
JELD-WEN Holding (NYSE: JELD) has been named one of 'America's Climate Leaders' of 2025 by USA TODAY and Statista, recognizing the company's significant reductions in greenhouse gas emissions intensity. Director of Global ESG Carolyn Payne highlighted the company's commitment to creating lasting environmental impact and leading the transition to a low-carbon future.
The company has set ambitious sustainability goals, including achieving net zero direct (Scope 1) and indirect (Scope 2) greenhouse gas emissions by 2050. Their strategy encompasses localized and large-scale energy efficiency projects along with renewable energy solutions implementation.
The selection process for America's Climate Leaders involved analyzing emission reports, CDP ratings, environmental records, and company revenue, with companies evaluated based on their year-over-year reduction in emissions intensity.
JELD-WEN Holding (NYSE: JELD), a leading global manufacturer of building products, has scheduled its first quarter 2025 earnings release for Monday, May 5, 2025, after market close. The company will host a conference call to discuss the results on Tuesday, May 6, 2025, at 8 a.m. EST.
Investors can participate via webcast through the Investor Relations section at investors.JELD-WEN.com or by dialing 888-596-4144 (US) or +1-646-968-2525 (International) using conference ID 6328142. A replay will be available on the company's website approximately two hours after the call.
JELD-WEN reported challenging fourth quarter and full year 2024 results, marked by significant declines. Q4 net revenues from continuing operations decreased 12.3% to $895.7 million, with a net loss of ($68.4) million or ($0.81) per share. Full year net revenues fell 12.3% to $3,775.6 million, with a net loss of ($187.6) million.
The company's performance was impacted by weak macro-economic conditions and a shift to entry-level products. Q4 Adjusted EBITDA from continuing operations decreased to $40.1 million from $86.5 million year-over-year, while full-year Adjusted EBITDA fell to $275.2 million from $380.4 million.
Looking ahead, JELD-WEN provided 2025 guidance with expected revenue between $3.2 to $3.4 billion, representing a Core Revenue decline of 4% to 9%, and projected Adjusted EBITDA of $215 to $265 million.
JELD-WEN Holding (NYSE: JELD) has completed the court-ordered divestiture of its Towanda, Pennsylvania facility to Woodgrain Inc. The transaction, which closed on January 17, 2025, was valued at $115 million, subject to customary closing adjustments. The sale fulfills JELD-WEN's legal obligation to divest the Towanda business as mandated by court order.
JELD-WEN Holding (NYSE: JELD), a leading global manufacturer of building products, has announced its schedule for the release of fourth quarter 2024 results. The company will release its results on Monday, February 17, 2025, followed by a conference call to discuss the results on Tuesday, February 18, 2025, at 8 a.m. EST.
Investors can participate in the conference call either through a webcast available on the company's Investor Relations website or by dialing in using the provided numbers. For those unable to attend the live event, a replay will be made available on JELD-WEN's website approximately two hours after the call concludes.
JELD-WEN Holding has announced the sale of its Towanda, Pennsylvania facility to Woodgrain Inc. for approximately $115 million, following a court-ordered divestiture process. The transaction is expected to close by December 31, 2024.
The company estimates the sale will result in an annual reduction of $150-200 million in revenue and $25-50 million in EBITDA during the first twelve months post-closing. JELD-WEN anticipates a non-cash pre-tax impairment charge of $25-35 million, with the divestiture expected to be neutral to net debt leverage.
JELD-WEN reported challenging third quarter 2024 results with net revenues from continuing operations declining 13.2% to $934.7 million. The company posted a net loss of ($73.0 million), or ($0.86) per share, compared to net income of $16.9 million in the prior year. The decline was primarily due to a $63.4 million goodwill impairment charge and weaker market conditions. Adjusted EBITDA decreased to $81.6 million, with margins falling 110 basis points to 8.7%. In response to deteriorating market conditions, JELD-WEN lowered its 2024 guidance, now expecting revenue between $3.7-$3.75 billion and Adjusted EBITDA of $265-$280 million.
JELD-WEN Holding, Inc. (NYSE: JELD), a leading global manufacturer of building products, has announced the release date for its third quarter 2024 results. The company will release the results on Monday, November 4, 2024, followed by a conference call to discuss the results on Tuesday, November 5, 2024, at 8 a.m. EST.
Investors and interested parties can access the call via webcast on the company's Investor Relations website or by dialing in. For those unable to attend the live event, a replay will be available on JELD-WEN's website approximately two hours after the call concludes.