James Hardie(JHX)
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James Hardie Reports Third Quarter FY26 Results
Businesswire· 2026-02-10 21:38
income and Adjusted diluted earnings per shareUS$ Millions, except per share amountsThree and Nine Months Ended December 31Q3 FY26Q3 FY25FY26FY25Net income$68.7$141.7$75.5$380.4Asbestos related expenses and adjustments0.70.92.62.9AICF interest income(2.4)(2.7)(7.4)(8.5)Restructuring, net(24.0)—(24.0)57.3Pre-close financing costs1——46.5—Acquisition related expenses29.4—189.1—Inventory fair value adjustment——47.9—Amortization of intangible assets resulting from AZEK acquisition57.6—106.3—Tax adjustments212.21 ...
James Hardie Showcases the Full Power of Its Portfolio at NAHB International Builders' Show®
Businesswire· 2026-02-05 14:52
CHICAGO--(BUSINESS WIRE)--James Hardie, a leading provider of exterior home and outdoor living solutions, returns to the National Association of Home Builders (NAHB) International Builders' Show® (IBS) in Orlando from February 17 to 19. Through its recently expanded outdoor living portfolio of premium brands, including Hardie® products, TimberTech® decking and railing, AZEK Exteriors® trim and StruXure® pergolas, James Hardie will demonstrate its leadership in delivering beautiful, resilient bu. ...
I’m keeping an eye on JHX shares in 2026
Rask Media· 2026-02-02 05:29
Company Overview - James Hardie Industries is a building solutions company and the world's largest producer of fibre cement and gypsum products, operating across North America, Europe, Australia, and New Zealand with over 5,200 employees [1] - CSL is a global biotechnology company focused on creating and delivering life-saving medicines, with three main divisions: CSL Behring, CSL Seqirus, and CSL Vifor [3][4] Financial Performance - The share price of James Hardie Industries (ASX:JHX) has decreased by approximately 35.0% since the start of 2025, while CSL's share price is 5.7% above its 52-week low [1] - James Hardie Industries currently has a price-sales ratio of 3.20x, lower than its 5-year average of 4.14x, indicating that shares are trading below historical averages despite revenue growth over the last three years [7] - CSL has a trailing dividend yield of around 2.23%, which is higher than its 5-year average of 1.50%, reflecting the company's stability and ability to pay out income [8] Product Characteristics - The main selling point of fibre cement for buildings includes its non-combustibility, resistance to water and termite damage, durability, and low maintenance requirements [2] Investment Appeal - James Hardie Industries is viewed as a growth company, while CSL is considered a 'blue chip' company, making both attractive options for investors seeking exposure to their respective sectors [6][5]
James Hardie Announces Timing of Third Quarter FY26 Earnings Release and Conference Call
Businesswire· 2026-01-26 22:00
Core Viewpoint - James Hardie Industries plc will release its financial results for the third quarter of the 2026 fiscal year on February 10, 2026, after market close in the U.S. and before market open in Australia [1]. Group 1 - The company will host a conference call to discuss the results, led by CEO Aaron Erter and CFO Ryan Lada, with a live webcast available on its Investor Relations page [1]. - The financial results release is scheduled for 5 PM EST / 4 PM CST on February 10, 2026, in the U.S., 10 PM GMT in Dublin, and 9 AM AEDT on February 11, 2026, in Australia [5]. Group 2 - James Hardie is a leading provider of exterior home and outdoor living solutions, offering a portfolio that includes fiber cement, fiber gypsum building products, and composite and PVC decking and railing products [2]. - The company's products are designed for beauty, durability, and climate resilience, featuring trusted brands such as Hardie®, TimberTech®, AZEK® Exteriors, Versatex®, fermacell®, and StruXure® [2]. - James Hardie operates globally, marketing and selling its products across North America, Europe, Australia, and New Zealand [2].
James Hardie (ASX:JHX) share price rises on US manufacturing closure
Rask Media· 2026-01-16 01:09
Core Viewpoint - James Hardie Industries plc is optimizing its manufacturing footprint by closing two US facilities, which is expected to enhance efficiency and generate significant cost savings [1][2][3]. Group 1: Manufacturing Operations - The company will close its manufacturing facilities in Fontana, California, and Summerville, South Carolina, within the next 60 days, which represent approximately 6% of its year-to-date North American volume [2]. - The innovation and research & development functions at the Fontana site will continue to operate despite the closures [2]. Group 2: Cost Savings and Financial Impact - The closures are projected to yield annualized cost savings of around $25 million starting in the first quarter of FY27, driven by reduced fixed costs and improved utilization across the remaining manufacturing network [3]. - A one-off charge of $40 million to $44 million will be incurred, primarily related to employee severance, benefits, transition costs, and asset impairments [4]. Group 3: Management Commentary - The CEO emphasized the importance of modernizing manufacturing facilities to improve efficiency and support growth initiatives, indicating a strategic shift towards advanced plants [5]. - The decision to close the plants was made after careful consideration, acknowledging the contributions of the teams at these sites [6]. Group 4: Market Position and Investor Sentiment - The share price has recovered some losses from the past year, indicating a potential regain of investor confidence, although the company may not be considered a bargain at current levels [7].
JHX Investors Have Opportunity to Join James Hardie Industries plc Fraud Investigation With the Schall Law Firm
Businesswire· 2026-01-06 01:11
Group 1 - The article discusses an opportunity for investors in James Hardie Industries plc to participate in a fraud investigation led by the Schall Law Firm [1] - The investigation is focused on potential fraudulent activities within the company, which may have impacted investors [1] - The Schall Law Firm is actively seeking investors who may have been affected by the alleged fraud to join the investigation [1] Group 2 - The article highlights the legal implications for James Hardie Industries plc as the investigation unfolds [1] - It suggests that the outcome of the investigation could have significant repercussions for the company's reputation and financial standing [1] - Investors are encouraged to stay informed about the developments related to the investigation [1]
Shareholders that lost money on James Hardie Industries plc.(JHX) Urged to Join Class Action – Contact Levi & Korsinsky to Learn More
Globenewswire· 2025-12-23 21:29
Core Viewpoint - A class action securities lawsuit has been filed against James Hardie Industries plc, alleging securities fraud that affected investors between May 20, 2025, and August 18, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that James Hardie made false statements and concealed adverse facts regarding its North America segment, including deteriorating consumer demand and growth, and that overstocking was the primary driver of growth during the class period [2]. - It is alleged that excessive inventory was present at James Hardie's North America distributors due to these misleading statements [2]. Group 2: Investor Information - Investors who suffered losses during the specified time frame have until December 23, 2025, to request to be appointed as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Group 3: Legal Firm Background - Levi & Korsinsky has a strong track record, having secured hundreds of millions of dollars for shareholders and being recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].
JHX DEADLINE ALERT: Hagens Berman Alerts James Hardie (JHX) Investors to Today's Lead Plaintiff Deadline in Securities Class Action
Globenewswire· 2025-12-23 17:40
Core Viewpoint - A securities class action has been filed against James Hardie Industries plc, alleging that the company's management misled investors about inventory levels, leading to significant stock price declines and executive resignations [2][5]. Group 1: Allegations and Legal Proceedings - The lawsuit claims that James Hardie's senior management falsely represented inventory levels as "robust" while being aware of destocking by channel partners since April 2025 [2][7]. - Following the disclosure of these alleged misrepresentations on August 20, 2025, James Hardie's stock price fell by 34%, resulting in substantial losses for investors [2][7]. - Investors who purchased James Hardie stock between May 20, 2025, and August 18, 2025, and experienced losses are encouraged to contact Hagens Berman for potential legal action [5][6]. Group 2: Company Performance and Market Impact - The complaint highlights that sales in the North America Fiber Cement segment declined by 12% due to customer destocking, which was not disclosed to investors until August 2025 [7]. - The alleged concealment of inventory loading practices by channel partners contributed to the misleading narrative of strong customer demand [7]. - The abrupt resignation of CFO Rachel Wilson on November 17, 2025, followed the stock's significant decline, indicating potential internal turmoil related to the allegations [2].
JHX INVESTOR ALERT: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In JHX To Contact Him Directly To Discuss Their Options
Prnewswire· 2025-12-23 15:42
Core Viewpoint - The complaint alleges that James Hardie Industries plc misled investors regarding the performance of its North America Fiber Cement segment, leading to significant financial losses for investors [2]. Group 1: Allegations and Financial Impact - The company and its executives are accused of violating federal securities laws by making false statements and failing to disclose inventory destocking by distributors between May 20 and August 18, 2025 [2]. - On August 19, 2025, James Hardie reported a 29% decline in first-quarter profit and projected lower-than-expected earnings for fiscal 2026 due to high borrowing costs [2]. - Following the announcement, the price of James Hardie's American Depositary Receipt (ADR) fell by $9.79, or 34.44%, closing at $18.64 per ADR on August 20, 2025 [3]. Group 2: Legal Proceedings - The lead plaintiff in the class action is the investor with the largest financial interest in the case, who will oversee the litigation on behalf of the class [4]. - Any member of the putative class can apply to serve as lead plaintiff or choose to remain an absent class member without affecting their ability to share in any recovery [4]. Group 3: Call for Information - The law firm Faruqi & Faruqi encourages individuals with information regarding James Hardie's conduct, including whistleblowers and former employees, to come forward [5].
JAMES HARDIE FINAL DEADLINE ALERT: Bragar Eagel & Squire, P.C. Reminds James Hardie Industries Investors to Contact the Firm Regarding Their Rights Before December 23rd
Globenewswire· 2025-12-23 00:24
Core Viewpoint - A class action lawsuit has been filed against James Hardie Industries plc for allegedly misleading investors regarding the demand and inventory levels of its North America Fiber Cement segment, leading to significant financial losses for shareholders [3][7]. Allegation Details - The complaint claims that James Hardie made materially false statements and failed to disclose weakening demand in its key North America Fiber Cement segment due to distributor inventory destocking known to the company by April and early May 2025 [3]. - Despite this knowledge, the company falsely represented that demand remained strong and that inventory levels were "normal" [3]. - On August 19, 2025, James Hardie reported a 12% sales decline in the segment, attributing it to "normalization of channel inventories," and warned of continued weakness [3]. - Following this announcement, the company's share price dropped more than 34%, causing significant damage to investors [3]. Next Steps - Investors who purchased or acquired James Hardie shares during the class period from May 20, 2025, to August 18, 2025, and suffered losses are encouraged to contact the law firm Bragar Eagel & Squire for more information and to discuss their legal rights [4][7]. - There is no cost or obligation for investors to inquire about their rights or interests regarding this matter [4].