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JELD-WEN to Release Second Quarter 2025 Results
Prnewswire· 2025-07-16 20:30
CHARLOTTE, N.C., July 16, 2025 /PRNewswire/ -- JELD-WEN Holding, Inc. (NYSE: JELD), a leading global manufacturer of building products, announced today that it will release second quarter 2025 results after the market close on Tuesday, August 5, 2025. The company will hold a conference call to discuss the results at 8 a.m. EST on Wednesday, August 6, 2025.Interested investors and other parties can access the call either via webcast found on the Investor Relations section of the company's website at investor ...
JELD-WEN Reports First Quarter 2025 Results
Prnewswire· 2025-05-05 20:30
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].
JELD-WEN Named One of 'America's Climate Leaders' by USA TODAY
Prnewswire· 2025-04-22 17:00
Core Insights - JELD-WEN has been recognized for its commitment to sustainability and climate action, aiming for net zero direct and indirect greenhouse gas emissions by 2050 [1][2] - The company is implementing energy efficiency projects and renewable energy solutions as part of its strategy to achieve its sustainability goals [1] - JELD-WEN earned a place on USA TODAY's list of America's Climate Leaders through a rigorous evaluation of its emissions data and environmental performance [2] Company Overview - JELD-WEN Holding, Inc. is a leading global designer, manufacturer, and distributor of high-performance doors, windows, and related building products, serving both new construction and remodeling sectors [4] - The company is headquartered in Charlotte, North Carolina, operates in 14 countries across North America and Europe, and employs approximately 16,000 associates [4] - JELD-WEN's brand portfolio includes JELD-WEN®, LaCantina®, VPI™, Swedoor®, and DANA® [4]