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. (NYSE: JELD) delivers essential updates through this dedicated news hub for investors and industry professionals. Track official announcements including quarterly earnings, product innovations, and strategic initiatives from the global leader in door/window manufacturing.
This resource consolidates press releases, regulatory filings, and market analyses related to JELD-WEN's operations across residential/commercial construction sectors. Users gain efficient access to critical developments about manufacturing expansions, sustainability initiatives, and leadership changes.
Key content includes financial performance updates, partnership announcements, and operational milestones. Stay informed about the company's progress in energy-efficient building solutions and global market expansion strategies.
Bookmark this page for real-time updates on JELD-WEN's product launches, industry certifications, and responses to construction market trends. Verify all investment hypotheses with primary-source information from the company itself.
JELD-WEN Holding, Inc. reported first-quarter 2024 results with net revenues declining by 11.2% to $959.1 million, driven by lower volume/mix due to weak macro-economic conditions. The company posted a net loss of $(27.7) million, or $(0.32) per share, compared to a profit during the same period last year. Adjusted EBITDA decreased to $68.7 million. The company updated its full-year 2024 guidance, lowering revenue expectations to $3.9-$4.1 billion with a 5-9% decline in Core Revenues compared to 2023. Adjusted EBITDA is expected to be $340-$380 million due to a softened macro-environment.
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