NEW YORK, Oct. 06, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into James Hardie Industries plc (NYSE: JHX) for potential violations of the federal securities laws. If you invested in James Hardie, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/james-hardie-industries-class-action-lawsuit. Why Is James Hardie being Investigated?James Hardie is a producer and marketer of high-performance fiber cement ...

Core Viewpoint - James Hardie Industries plc is under investigation for potential violations of federal securities laws, following a significant decline in its stock price due to misleading statements about its North American sales performance [1][4]. Company Overview - James Hardie is a producer and marketer of high-performance fiber cement and fiber gypsum building solutions, primarily used in external siding for the residential building industry in the United States and Canada [2]. Sales Performance and Misleading Statements - The company previously claimed that its "fast[]-growing customers" were a key aspect of its competitive positioning and that its North American business results demonstrated inherent strength [3]. - However, it appears that the North American sales growth was driven by temporary inventory loading by channel partners rather than sustainable customer demand [3]. Financial Results and Stock Impact - On August 19, 2025, James Hardie reported a 12% decline in North American net sales for fiscal Q1 2026, attributing this to lower volumes as customers adjusted inventory levels [4]. - Following this announcement, the stock price plummeted by $9.79 per share, a decrease of over 34%, from $28.43 to $18.64 [4].

Core Viewpoint - James Hardie Industries plc is under investigation for potential violations of federal securities laws, following a significant decline in its stock price due to disappointing financial results and concerns over sales driven by temporary inventory loading rather than sustainable demand [1][4]. Company Overview - James Hardie is a producer and marketer of high-performance fiber cement and fiber gypsum building solutions, primarily used in external siding for the residential building industry in the United States and Canada [2]. Sales Performance - The company previously claimed that its "fast[]-growing customers" were a key aspect of its competitive positioning, asserting that its North American business results demonstrated the strength of its value proposition [3]. - However, it has been revealed that North American sales may have been artificially inflated due to temporary inventory loading by channel partners, rather than genuine customer demand [3]. Financial Results - In its fiscal Q1 2026 report, James Hardie disclosed a 12% decline in North American net sales, attributed to customers returning to normal inventory levels. The company anticipates continued inventory destocking among channel partners will further impact sales in the upcoming quarters [4]. - Following this announcement, James Hardie's stock price plummeted by $9.79 per share, a decrease of over 34%, from $28.43 on August 19, 2025, to $18.64 on August 20, 2025 [4].

Core Viewpoint - James Hardie Industries plc is under investigation for potential violations of federal securities laws, following a significant decline in its stock price due to disappointing financial results and concerns over sales driven by temporary inventory loading rather than sustainable demand [1][4]. Company Overview - James Hardie is a producer and marketer of high-performance fiber cement and fiber gypsum building solutions, primarily used in external siding for the residential building industry in the United States and Canada [2]. Financial Performance - In the fiscal Q1 2026, James Hardie reported a 12% decline in North American net sales, attributed to lower volumes as customers adjusted their inventory levels. This decline is expected to continue impacting sales in the upcoming quarters due to significant inventory destocking among channel partners [4]. Stock Market Reaction - Following the earnings report on August 19, 2025, James Hardie's stock price fell by $9.79 per share, a decrease of over 34%, dropping from $28.43 to $18.64 per share [4]. Investigation Context - The investigation stems from claims that the company's reported growth was misleading, as it appears that sales were inflated due to temporary inventory loading rather than genuine customer demand [3].