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 ...

, /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 ...

Core Insights - JELD-WEN reported a net revenue of $823.7 million for Q2 2025, a decrease of 16.5% compared to $986.0 million in Q2 2024, primarily due to a 13% decline in Core Revenues and a 5% decrease from the divestiture of Towanda [4][11] - The company experienced a net loss from continuing operations of $22.3 million, or $0.26 per share, compared to a net loss of $18.5 million, or $0.22 per share, in the same quarter last year [5][6][11] - Adjusted EBITDA from continuing operations was $39.0 million, down 54.0% from $84.8 million in Q2 2024, with an Adjusted EBITDA Margin of 4.7%, a decrease of 390 basis points [7][11] Financial Performance - For the six months ended June 28, 2025, net revenues totaled $1.6 billion, a decline of 17.8% from $1.9 billion in the same period last year [35] - The company reported a net loss of $211.7 million for the six months ended June 28, 2025, compared to a net loss of $46.2 million in the same period last year [38] - Free Cash Flow used in the six months ended June 28, 2025, was ($125.1) million, compared to ($33.8) million in the same period last year [9] Segment Performance - In North America, net revenue was $555.7 million, a decline of 21.8%, driven by a 15% decrease in Core Revenues and a 7% decrease from the divestiture of Towanda [12] - In Europe, net revenue was $268.1 million, a decline of 2.7%, with Core Revenues decreasing by 8% but partially offset by a 5% favorable foreign exchange impact [12] Guidance and Outlook - The company reinstated its full-year 2025 revenue guidance of $3.2 to $3.4 billion, reflecting a year-over-year decline in Core Revenues of approximately 4% to 9% compared to 2024 [14][15] - Adjusted EBITDA is expected to be in the range of $170 to $200 million, indicating continued pressure from competitive pricing and volume environment [14][15]

Core Insights - JELD-WEN Holding, Inc. reported a net revenue of $776.0 million for Q1 2025, a decrease of 19.1% compared to $959.1 million in the same period last year, primarily due to the divestiture of the Towanda facility and a 15% decline in Core Revenue driven by weak macroeconomic conditions [4][9]. - The company experienced a net loss of $179.8 million in Q1 2025, significantly higher than the net loss of $27.7 million in Q1 2024, largely due to a $125 million non-cash goodwill impairment charge and lower volume/mix [5][9]. - Adjusted EBITDA for the quarter was $21.9 million, down 68.1% from $68.7 million in the same quarter last year, with an Adjusted EBITDA Margin of 2.8%, a decrease of 440 basis points year-over-year [7][9]. Financial Performance - The net loss per share for Q1 2025 was $2.12, compared to a loss of $0.32 per share in Q1 2024, reflecting the significant increase in net loss [6][9]. - Adjusted Net Loss for the first quarter was $14.2 million, a decrease of $32.6 million compared to Adjusted Net Income of $18.4 million in the same period last year [5][38]. - The company reported a cash flow from operating activities of $(83.5) million, an increase in cash used compared to $(11.0) million in the same period last year [11][45]. Segment Performance - In North America, net revenue was $530.6 million, a decline of 22.0%, with a net loss of $150.9 million, reflecting a significant year-over-year decrease [8][9]. - European operations reported net revenue of $245.4 million, down 12.1%, with a net loss of $3.5 million, primarily due to unfavorable volume/mix driven by market softness [10][9]. Cash Flow and Capital Expenditures - Capital expenditures in Q1 2025 increased to $42.0 million from $34.7 million in Q1 2024, while Free Cash Flow used was $(125.4) million, compared to $(45.7) million in the prior year [12][45]. - The company’s total debt stood at $1,182.2 million as of March 29, 2025, with a Net Debt of $1,049.7 million, resulting in a Net Debt Leverage of 4.6x [46].