James Hardie
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James Hardie Announces Appointment of Nigel Stein as Chair of its Board of Directors
Businesswire· 2025-11-17 21:40
Core Points - James Hardie Industries plc announced the appointment of Nigel Stein as Chair of the Board of Directors, effective November 17, 2025 [1][3] - The company formed an ad-hoc Integration and Performance Committee to oversee the integration of the AZEK business and enhance overall business performance [2] - Nigel Stein emphasized the importance of shareholder engagement and the need for change following feedback from investors [3] Company Leadership - Nigel Stein has extensive experience in the automotive and manufacturing sectors, previously serving as Chairman of Inchcape plc and CEO of GKN Ltd [4][5] - Ryan Lada has been appointed as Chief Financial Officer, succeeding Rachel Wilson, who will remain in an advisory role until March 31, 2026 [12] Business Strategy - The Integration and Performance Committee will be chaired by Jesse Singh and will include key members of the Board, focusing on synergy delivery and business performance [2] - The company aims to enhance shareholder engagement and review remuneration practices to align with performance [3] Company Overview - James Hardie is a leading provider of exterior home and outdoor living solutions, with a diverse portfolio including fiber cement and composite products [6][7] - The company operates globally, marketing its products in North America, Europe, Australia, and New Zealand [7]
James Hardie Reports Second Quarter FY26 Results; Raises FY26 Net Sales and Adjusted EBITDA Guidance
Businesswire· 2025-11-17 21:38
Core Viewpoint - James Hardie Industries plc reported second-quarter results for the period ending September 30, 2025, indicating that Siding & Trim exceeded previous modeling expectations despite a challenging environment [1] Financial Performance - The second-quarter results were consistent with earlier guidance provided in early October [1] - Siding & Trim segment outperformed the modeling considerations shared in August [1] Market Environment - The overall market environment remains challenging for the company [1]
Levi & Korsinsky Reminds James Hardie Industries plc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of December 23, 2025 – JHX
Globenewswire· 2025-11-17 20:51
NEW YORK, Nov. 17, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in James Hardie Industries plc. ("James Hardie Industries plc." or the "Company") (NYSE: JHX) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of James Hardie Industries plc. investors who were adversely affected by alleged securities fraud between May 20, 2025 and August 18, 2025. Follow the link below to get more information and be contacted by a member of our team: htt ...
JHX SECURITIES ALERT: BFA Law Notifies James Hardie Industries plc Investors of Important December 23 Securities Class Action Deadline
Newsfile· 2025-11-17 20:18
Core Viewpoint - A class action lawsuit has been filed against James Hardie Industries plc and certain senior executives for securities fraud following a significant stock drop attributed to potential violations of federal securities laws [1][3]. Company Overview - James Hardie Industries plc is a producer and marketer of high-performance fiber cement building solutions, primarily used in external siding for the residential building industry in the United States and Canada [4]. Allegations of Fraud - The lawsuit claims that James Hardie misrepresented the strength and momentum of its North American fiber cement segment, asserting that sales were driven by sustainable customer demand rather than inventory loading by channel partners, which is indicative of fraudulent channel stuffing [5]. Stock Performance and Impact - On August 19, 2025, James Hardie reported a 12% decline in North American fiber cement sales, revealing that destocking efforts by customers were impacting sales, leading to a stock price drop of $9.79 per share, or over 34%, from $28.43 to $18.64 within a day [6].
JHX INVESTOR ALERT: James Hardie Industries (JHX) Lawsuit Alleges Securities Fraud Over Inventory Misstatements – Hagens Berman
Globenewswire· 2025-11-17 19:27
Core Viewpoint - A class-action lawsuit has been filed against James Hardie Industries plc, alleging securities fraud related to misleading information about inventory levels and customer demand in its North American segment [1][2]. Group 1: Lawsuit Details - The lawsuit, titled Laborers' District Council & Contractors' Pension Fund of Ohio v. James Hardie Industries PLC., covers a class period from May 20, 2025, to August 18, 2025, and seeks damages for violations of the Securities Exchange Act of 1934 [2][3]. - The plaintiffs claim that James Hardie's North America Fiber Cement segment, which accounts for approximately 80% of total earnings, was misrepresented by management despite signs of inventory destocking [3][4]. Group 2: Allegations of Misrepresentation - Executives allegedly made false statements around May 20 and 21, 2025, claiming robust customer demand while denying any inventory destocking [4][5]. - The complaint suggests that sales were artificially inflated due to "inventory loading by channel partners," indicating potential fraudulent practices [4][5]. Group 3: Impact of Disclosure - On August 19, 2025, James Hardie disclosed a 12% decline in sales for its North America Fiber Cement division, attributing it to the customer destocking previously denied [5][6]. - Following this disclosure, the company's stock price fell by over 34%, leading to significant losses for investors [6][7]. Group 4: Investigation and Next Steps - Hagens Berman is investigating the claims and is seeking information from investors who may have suffered losses or possess relevant knowledge [7][8]. - Whistleblowers with non-public information are encouraged to assist in the investigation, with potential rewards under the SEC Whistleblower program [9].
Shareholders of James Hardie Industries plc. (JHX): Protect Your Rights Before December 23, 2025 - Contact Levi & Korsinsky
Newsfile· 2025-11-17 14:11
New York, New York--(Newsfile Corp. - November 17, 2025) - If you suffered a loss on your James Hardie Industries plc. (NYSE: JHX) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information:https://zlk.com/pslra-1/james-hardie-industries-plc-lawsuit-submission-form?prid=177689&wire=5&utm_campaign=21or contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or call (212) 363-7500 to speak to our team of experienced sharehol ...
The Gross Law Firm Reminds James Hardie Industries plc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of December 23, 2025 - JHX
Prnewswire· 2025-11-17 13:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of James Hardie Industries plc regarding a class action lawsuit due to alleged false statements and concealment of adverse facts related to the company's North America segment [1]. Group 1: Allegations and Class Period - The class period for the allegations is from May 20, 2025, to August 18, 2025 [1]. - Allegations include that consumer demand and growth in the North America segment were deteriorating, and that overstocking was the primary driver of growth, not consumer demand [1]. Group 2: Shareholder Actions - Shareholders are encouraged to register for the class action and can do so without any cost or obligation [2]. - The deadline for seeking lead plaintiff status is December 23, 2025 [2]. Group 3: Law Firm's Mission - The Gross Law Firm aims to protect investors' rights and seeks recovery for losses incurred due to deceitful practices and misleading statements by companies [3].
JHX STOCK LOSS: James Hardie Industries plc Faces Securities Fraud Class Action due to Destocking Issues – Contact BFA Law if You Suffered Losses
Globenewswire· 2025-11-17 13:08
Core Viewpoint - A class action lawsuit has been filed against James Hardie Industries plc and certain senior executives for securities fraud following a significant stock drop due to potential violations of federal securities laws [1][3]. Company Overview - James Hardie Industries plc is a producer and marketer of high-performance fiber cement building solutions, primarily used in external siding for the residential building industry in the U.S. and Canada [4]. Allegations and Financial Performance - The lawsuit claims that James Hardie misled investors by stating that its North American fiber cement segment showed "inherent strength" and "underlying momentum," while in reality, sales were inflated due to inventory loading by channel partners, indicating fraudulent channel stuffing rather than genuine customer demand [5]. - On August 19, 2025, James Hardie disclosed a 12% decline in North American fiber cement sales for the quarter, attributed to destocking efforts by customers, which was first noted in April and May. This revelation led to a stock price drop of $9.79 per share, or over 34%, from $28.43 to $18.64 [6].
James Hardie Industries plc (NYSE:JHX) Quarterly Earnings Overview
Financial Modeling Prep· 2025-11-17 10:00
Core Insights - James Hardie Industries plc is a global leader in fiber cement products and is set to release its quarterly earnings on November 18, 2025, with analysts predicting an EPS of $0.25 and revenue of $1.28 billion, reflecting the company's financial health and market performance [1][6] Financial Metrics - The company has a price-to-earnings (P/E) ratio of 21.66, indicating that investors are willing to pay $21.66 for every dollar of earnings, which is a key metric for evaluating profitability [2][6] - The price-to-sales ratio stands at 2.55, showing how much investors are paying for each dollar of sales, while the enterprise value to sales ratio is 3.14, providing insight into overall valuation [2] - James Hardie's debt-to-equity ratio is 1.16, indicating a moderate level of debt compared to equity, and the current ratio of 3.76 demonstrates a strong ability to cover short-term liabilities [3] - The earnings yield is 4.62%, representing the earnings generated per dollar invested, offering a perspective on profitability [3] Legal Issues - James Hardie is currently involved in a securities class action lawsuit, with the Rosen Law Firm urging investors who purchased JHX stock between May 20, 2025, and August 18, 2025, to seek legal counsel before December 23, 2025, which could impact investor sentiment and stock performance [4][6] - Investors who acquired shares during the specified period may be eligible for compensation through a contingency fee arrangement, meaning no out-of-pocket costs, which is significant as it may affect the company's reputation and investor confidence [5]
Class Action Reminder for JHX Investors: Kessler Topaz Meltzer & Check, LLP Reminds James Hardie Industries plc (JHX) Investors of Securities Fraud Class Action Lawsuit
Globenewswire· 2025-11-16 16:26
Core Viewpoint - A securities class action lawsuit has been filed against James Hardie Industries plc for allegedly misleading investors regarding the company's inventory levels and demand during the Class Period from May 20, 2025, to August 18, 2025 [1][2]. Group 1: Allegations Against James Hardie - The lawsuit claims that James Hardie made false statements about strong demand and normal stock levels while knowing that its North America Fiber Cement distributors were destocking inventory [2]. - The positive statements made by the defendants regarding the company's business and prospects were materially misleading and lacked a reasonable basis [2]. Group 2: Lead Plaintiff Process - Investors in James Hardie have until December 23, 2025, to seek appointment as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel [3]. - The lead plaintiff will act on behalf of all class members and is typically the investor or small group of investors with the largest financial interest [3]. Group 3: Firm Information - Kessler Topaz Meltzer & Check, LLP has a reputation for prosecuting class actions and has recovered billions for victims of corporate misconduct [4]. - The firm encourages affected investors to contact them for more information regarding the lawsuit [4].