Workflow
JELD-WEN(JELD)
icon
Search documents
JELD-WEN(JELD) - 2025 Q3 - Earnings Call Presentation
2025-11-04 13:00
Certain statements in this presentation, including our guidance and business strategies, are forward- looking statements that involve risk, uncertainty and assumptions, and are based on information as of November 4, 2025. Actual results may differ materially from those set forth in such statements. For a discussion of these risks and uncertainties, you should review our Annual Report on Form 10-K, Form 10-Qs filed in 2025 and our other filings with the U.S. Securities and Exchange Commission. Third Quarter ...
JELD-WEN(JELD) - 2025 Q3 - Quarterly Results
2025-11-03 21:33
Financial Performance - Net revenues for Q3 2025 were $809.5 million, a decrease of $125.2 million or 13.4% compared to $934.7 million in Q3 2024[4] - Net loss from continuing operations was $367.6 million, or $4.30 per share, compared to a net loss of $73.0 million, or $0.86 per share in the same quarter last year[5][6] - Adjusted EBITDA from continuing operations was $44.4 million, a decline of $37.2 million from $81.6 million in Q3 2024, with an Adjusted EBITDA Margin of 5.5%, down 320 basis points[7][8] - The company reported a net loss of $367.6 million for the three months ended September 27, 2025, compared to a net loss of $74.4 million for the same period in 2024, representing a 394.1% increase in losses[33] - For the nine months ended September 27, 2025, net revenues were $2,409.2 million, a decrease of 16.3% from $2,879.9 million in the same period in 2024[35] - Adjusted EBITDA from continuing operations for the nine months ended September 27, 2025, was $105.3 million, down 55.2% from $235.2 million in the prior year[35] - The company reported a diluted net loss per share of $4.30 for the three months ended September 27, 2025, compared to a diluted net loss per share of $0.88 for the same period in 2024[33] - Net loss for the nine months ended September 27, 2025, was $579.3 million, compared to a loss of $120.6 million for the same period in 2024, representing an increase of 380%[39] Revenue Guidance and Forecast - JELD-WEN is lowering its 2025 revenue guidance to $3.1 to $3.2 billion, reflecting a year-over-year decline in Core Revenues of approximately 10% to 13% compared to 2024[12][13] - The company expects operating cash flow to be an approximate $45 million use of cash, including costs associated with the workforce reduction of approximately $10 to $20 million[13] Workforce and Restructuring - The company plans to reduce its North America and Corporate workforce by approximately 850 positions, representing roughly 11% of the teams, by year-end 2025[11] - Restructuring and asset-related charges for the nine months ended September 27, 2025, totaled $32.2 million, compared to $60.0 million in the same period of 2024[47][48] Asset and Liability Changes - The company’s total assets decreased to $2,171.8 million as of September 27, 2025, from $2,620.2 million as of December 31, 2024[37] - Total liabilities increased to $2,057.8 million as of September 27, 2025, compared to $2,000.1 million as of December 31, 2024[37] - The net debt increased to $1,076.0 million as of September 27, 2025, compared to $1,033.1 million as of December 31, 2024[50] - Total debt remained relatively stable at $1,182.7 million as of September 27, 2025, compared to $1,183.4 million as of December 31, 2024[50] Cash Flow and Expenses - Net cash used in operating activities was $37.7 million in the nine months ended September 27, 2025, compared to cash provided of $78.0 million in the same period in 2024[9] - The company reported a net cash inflow of $110.7 million related to the court-ordered divestiture of Towanda during the nine months ended September 27, 2025[39] - The company incurred $26.3 million in net legal and professional expenses and settlements for the nine months ended September 27, 2025, compared to $49.8 million in the same period of 2024[41] - Cash and cash equivalents at the end of the period were $108.4 million, down from $209.3 million at the end of September 28, 2024[39] - The company reported a net cash outflow of $(22.5) million in financing activities for the nine months ended September 27, 2025, compared to $(50.3) million in the same period of 2024[39] Goodwill and Impairment - Goodwill impairment for the three months ended September 27, 2025, was $196.9 million, a significant increase of 210.3% from $63.4 million in the prior year[33] - Goodwill impairment charges amounted to $334.6 million for the nine months ended September 27, 2025, significantly higher than $63.4 million in the same period of 2024[41] - Goodwill impairment for Q3 2025 amounted to $196.9 million, up from $63.4 million in Q3 2024, indicating increased challenges in asset valuation[43] Market Performance - North America net revenues were $546.1 million, a decline of $131.8 million or 19.4%, driven by a decrease in Core Revenues of 13%[15] - Europe net revenues were $263.3 million, an increase of $6.6 million or 2.6%, driven by a favorable foreign exchange impact of 6%[15] - North America adjusted EBITDA for the three months ended September 27, 2025, was $37.7 million, a decrease of 49.6% from $74.8 million in the same period of 2024[52] - Europe net revenues for the nine months ended September 27, 2025, were $776.8 million, down 4.2% from $811.3 million in the same period of 2024[52]
JELD-WEN Reports Third Quarter 2025 Results, Announces Workforce Reductions and Significant Strategic Actions
Prnewswire· 2025-11-03 21:30
Accessibility StatementSkip Navigation CHARLOTTE, N.C., Nov. 3, 2025 /PRNewswire/ -- JELD-WEN Holding, Inc. (NYSE: JELD) ("JELD-WEN" or the "Company") today announced results for the three and nine months ended September 27, 2025. Comparability is to the same period in the prior year. Third Quarter Highlights "Third-quarter results fell short of our expectations due to persistent market headwinds and price-cost pressures," said Chief Executive Officer William J. Christensen. "Actions are underway to confron ...
JELD-WEN Announces Strategic Review of its Europe Business
Prnewswire· 2025-11-03 21:25
Accessibility StatementSkip Navigation CHARLOTTE, N.C., Nov. 3, 2025 /PRNewswire/ -- JELD-WEN Holding, Inc. (NYSE: JELD), a leading global manufacturer of building products, today announced it has initiated a comprehensive review of strategic alternatives for its Europe business. "We are advancing our strategic priorities with a clear focus on driving long-term value," said William J. Christensen, Chief Executive Officer of JELD-WEN. "As part of this effort, JELD-WEN is assessing a range of options for our ...
JELD-WEN Holding's Collapsing Sales Could Worsen
Seeking Alpha· 2025-10-31 16:30
Crude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential.Subscribers get to use a 50+ stock model account, in-depth cash flow analyses of E&P firms, and live chat discussion of the sector.Sign up today for your two-week free trial and get a new lease on oil & gas! ...
JELD-WEN Appoints Rachael B. Elliott as North America Leader
Prnewswire· 2025-10-14 20:30
, /PRNewswire/ -- JELD-WEN Holding, Inc. (NYSE: JELD), a leading global manufacturer of building products, announced today the appointment of Rachael B. Elliott as executive vice president, North America, effective October 20, 2025. Media Contact: Melissa Farrington Vice President, Enterprise Communications 262-350-6021 [email protected] Investor Relations Contact: James Armstrong Vice President, Investor Relations 704-612-7560 [email protected] Rachael B. Elliott Elliott is a seasoned global operations ...
JELD-WEN to Release Third Quarter 2025 Results
Prnewswire· 2025-10-08 20:30
Company Overview - JELD-WEN Holding, Inc. is a leading global designer, manufacturer, and distributor of high-performance interior and exterior doors, windows, and related building products [3] - The company serves both the new construction and repair and remodeling sectors [3] - JELD-WEN is based in Charlotte, North Carolina, operates facilities in 14 countries across North America and Europe, and employs approximately 16,000 associates [3] Upcoming Financial Results - JELD-WEN will release its third quarter 2025 results after the market close on November 3, 2025 [1] - A conference call to discuss the results will take place at 8 a.m. EST on November 4, 2025 [1] Accessing the Conference Call - Interested parties can access the call via webcast on the Investor Relations section of the company's website or by dialing specific numbers for the U.S. and international participants [2] - A replay of the call will be available on the company's website approximately two hours after the live event [2]
JELD-WEN (JELD) Is Attractively Priced Despite Fast-paced Momentum
ZACKS· 2025-09-15 13:51
Core Viewpoint - Momentum investing contrasts with the traditional "buy low and sell high" strategy, focusing instead on "buying high and selling higher" to capitalize on fast-moving stocks [1] Group 1: Momentum Investing Strategy - Momentum investing can be risky as stocks may lose momentum if their growth potential does not justify high valuations [1] - A safer approach involves investing in bargain stocks that exhibit recent price momentum, identified through tools like the Zacks Momentum Style Score [2] Group 2: JELD-WEN Stock Analysis - JELD-WEN (JELD) has shown a price increase of 8.8% over the past four weeks, indicating growing investor interest [3] - The stock has gained 74.2% over the past 12 weeks, demonstrating its ability to deliver positive returns over a longer timeframe [4] - JELD has a beta of 1.68, suggesting it moves 68% more than the market in either direction, indicating fast-paced momentum [4] - JELD has a Momentum Score of A, suggesting it is an opportune time to invest in the stock [5] - The stock has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which typically attract more investors [6] - JELD is trading at a Price-to-Sales ratio of 0.16, indicating it is relatively cheap, as investors pay only 16 cents for each dollar of sales [6] Group 3: Additional Investment Opportunities - Besides JELD, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting further investment opportunities [7] - Investors can explore over 45 Zacks Premium Screens tailored to different investing styles to identify potential winning stocks [8]
Can JELD-WEN (JELD) Run Higher on Rising Earnings Estimates?
ZACKS· 2025-08-18 17:21
Core Viewpoint - JELD-WEN shows a significant improvement in earnings outlook, making it an attractive investment option as analysts continue to raise earnings estimates for the company [1][3]. Earnings Estimate Revisions - The rising trend in earnings estimate revisions reflects growing analyst optimism about JELD-WEN's earnings prospects, which is expected to positively impact its stock price [2]. - For the current quarter, JELD-WEN is projected to earn $0.25 per share, a decrease of 21.9% from the previous year, but the Zacks Consensus Estimate has increased by 8.57% over the last 30 days due to one upward revision [6]. - For the full year, the earnings estimate stands at $0.27 per share, representing a decline of 65.4% from the prior year, yet the trend remains encouraging with one upward revision and no negative revisions [7]. Zacks Rank and Performance - JELD-WEN has achieved a Zacks Rank 2 (Buy), indicating strong potential for outperformance based on favorable estimate revisions [8]. - Stocks with Zacks Rank 1 (Strong Buy) and 2 (Buy) have historically outperformed the S&P 500, suggesting a positive outlook for JELD-WEN [8]. Stock Performance - The stock has gained 37.6% over the past four weeks, driven by solid estimate revisions, indicating strong earnings growth prospects that may further elevate the stock price [9].
Fast-paced Momentum Stock JELD-WEN (JELD) Is Still Trading at a Bargain
ZACKS· 2025-08-13 13:51
Group 1: Momentum Investing Overview - Momentum investing focuses on "buying high and selling higher," contrasting with traditional strategies of "buying low and selling high" [1] - Fast-moving trending stocks can be appealing, but determining the right entry point is challenging, as they may lose momentum if valuations exceed growth potential [2] Group 2: JELD-WEN Stock Analysis - JELD-WEN (JELD) has shown significant recent price momentum, with a four-week price change of 30.5% [4] - Over the past 12 weeks, JELD's stock gained 45.1%, indicating strong long-term momentum [5] - JELD has a beta of 1.65, suggesting it moves 65% more than the market in either direction [5] - The stock has a Momentum Score of B, indicating a favorable time to invest [6] - JELD has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which attract more investor interest [7] - The stock is trading at a low Price-to-Sales ratio of 0.14, meaning investors pay only 14 cents for each dollar of sales, indicating a reasonable valuation [7] Group 3: Investment Opportunities - JELD is highlighted as a strong candidate for investment, with potential for further price appreciation [8] - Other stocks that meet the 'Fast-Paced Momentum at a Bargain' criteria are also available for consideration [8] - Zacks offers over 45 Premium Screens to help identify winning stock picks based on various investing styles [9]