Julie Albrecht CFO Disclosures For a discussion of these risks and uncertainties, you should review our Annual Report on Form 10-K and our other filings with the Securities and Exchange Commission. 3 | --- | --- | |-------|-------| | | | | | | | | | Near-Term Performance Improvement Actions Focus on improving JELD-WEN's competitive position Fourth Quarter 2022 Results February 21, 2023 Bill Christensen CEO Certain statements in this presentation, including our guidance and business strategies, are forwardlo ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________ FORM 10-K __________________________________ ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File Number: 001-38000 __________________________________ JELD-WEN Holding, In ...

Financial Data and Key Metrics Changes - The company reported revenue of $1.3 billion and adjusted EBITDA of $116.5 million, representing year-over-year increases of 13% and 18% respectively [22][41] - Adjusted EBITDA margin improved by 40 basis points to 9% due to favorable price cost, improved operating leverage, and positive productivity [41][42] - GAAP net loss for the quarter was $33.2 million, compared to net income of $40.5 million in the same period last year, primarily due to a $55 million non-cash goodwill impairment charge in the Europe segment [42] Business Line Data and Key Metrics Changes - North America led with a 23% increase in core revenue, driven by strong price realization and positive volume mix [23][46] - Europe experienced a 5.5% decrease in net revenue, impacted by foreign exchange headwinds, despite a 10% core revenue growth [48] - Australasia revenue increased almost 6%, with a 14% increase in core revenue, although negatively impacted by foreign exchange [50] Market Data and Key Metrics Changes - North America showed strong demand in windows, exterior doors, and company-owned distribution, while Europe faced deteriorating macroeconomic conditions due to the war in Ukraine and rising inflation [48][56] - The company anticipates a continued slowdown in the housing market across North America and Europe, with repair and remodel activity expected to fare better than new residential construction [56][58] Company Strategy and Development Direction - The company is focused on streamlining operations and improving financial performance, including a strategic review of its Australasia business [14][29] - Management aims to enhance execution and performance while preparing for the new CEO to lead the company effectively [18][21] - The company is committed to investing in projects that exceed internal return hurdles and reducing financial leverage [54][55] Management's Comments on Operating Environment and Future Outlook - Management acknowledged challenges in the near term due to persistent inflation and a softening housing market, but remains optimistic about long-term demand potential [20][24] - The company is taking decisive actions to improve results and ensure that the fundamental strength of the business translates into shareholder value creation [21][65] - Management reaffirmed full-year core revenue guidance of 10% growth but revised adjusted EBITDA expectations to between $400 million and $420 million due to inflation pressures [62][64] Other Important Information - The company ended the quarter with total cash of $200 million and liquidity of $560 million, with net debt leverage decreasing to 3.6 times [53] - The company is focused on improving working capital and expects to generate positive free cash flow in the fourth quarter [52] Q&A Session Summary Question: What drove the elevated SG&A and overall corporate expense in the quarter? - Higher SG&A expenses were driven by timing and amounts related to incentive compensation and increased medical claim expenses, with expectations for normalization in Q4 [68][70] Question: Are you looking for individuals with building products or industrial experience in your CEO search? - While building products experience is advantageous, the right level of broad experience and leadership capabilities is also considered [71][72] Question: Can you break out the magnitude dollar amount based on higher inflation and reduced expectations for productivity savings? - The inflation impact in the second half is expected to be more negative, with energy prices contributing significantly to the increase [76][78] Question: What are your expectations for North America volume in Q4? - North America volumes are expected to decline in the low to mid-single-digit range, reflecting a slowdown in residential construction [90][91] Question: How do you expect raw materials inflation to impact the P&L next year? - The company is not prepared to comment on detailed outlooks for next year as they are currently working through the budgeting process [99] Question: Which categories within the distribution channel do you think have excess inventory? - Excess inventory is noted in categories such as exterior and interior doors, with efforts to balance inventory levels with customer demand [105] Question: How do you think about the mix shift between custom versus stock products? - The mix is dynamic, with a focus on the Pro custom segment, but no specific trends were identified [116] Question: What are your plans for managing productivity and optimizing your footprint? - The company is focused on driving accountability within regions and plants, with plans to provide stronger updates on productivity management in future quarters [120][121]

JELD-WEN Holding, Inc. (NYSE:JELD) Q2 2022 Earnings Conference Call August 1, 2022 8:00 AM ET Company Participants Christopher Teachout - Director of Investor Relations Gary Michel - Chief Executive Officer David Guernsey - Executive Vice President Conference Call Participants John Lovallo - UBS Matthew Bouley - Barclays Michael Rehaut - JPMorgan Stanley Elliott - Stifel Deepa Raghavan - Wells Fargo Securities Susan Maklari - Goldman Sachs Mike Dahl - RBC Capital Markets Josh Chan - Baird Phil Ng - Jefferie ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________ FORM 10-K __________________________________ ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File Number: 001-38000 __________________________________ 2645 Silver Crescent ...

JELD-WEN Holding, Inc. (NYSE:JELD) Q3 2021 Results Earnings Conference Call November 1, 2021 8:00 AM ET Company Participants Chris Teachout - Director of Investor Relations Gary Michel - Chairman, President and Chief Executive Officer John Linker - Executive Vice President and Chief Financial Officer Conference Call Participants Deepa Raghavan - Wells Fargo Securities Truman Patterson - Wolfe Research Matthew Bouley - Barclays Susan Maklari - Goldman Sachs Steven Ramsey - Thompson Research Group Philip Ng - ...

| --- | --- | --- | --- | --- | --- | --- | |-------|-------|-------|-------|------------------|-------|-------| | | | | | | | | | | | | | Third Quarter | | | | | | | | 2021 Results | | | | | | | | November 1, 2021 | | | | | | | | | | | Disclosures Forward-Looking Statements This presentation contains certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements by our CEO and statements regarding our business strategies and ability to ...

| --- | --- | --- | --- | |------------------------------------------------------------|-------|-------|-------| | | | | | | | | | | | | | | | | SECOND-QUARTER 2021 RESULTS PRESENTATION August 2, 2021 | | | | | | | | | DISCLOSURES Forward-Looking Statements This presentation contains certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements by our CEO and CFO and statements regarding our business strategies ...

| --- | --- | --- | --- | --- | --- | --- | --- | |-------|-------|-------|-------|--------------|-------------------------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | JELD-WEN | | | | | | | | | | | | | | | | | May 18, 2021 | Inaugural Investor Day | | | | | | | | | | | | | | | | | | | | | Forward-Looking Statements This presentation contains certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION JELD-WEN Holding, Inc. (Exact name of registrant as specified in its charter) __________________________________ Delaware 93-1273278 (State or other jurisdiction of incorporation or organization) Washington, D.C. 20549 __________________________________ FORM 10-K __________________________________ ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 or ☐ TRANSITION REPORT PURSUANT T ...