INVESTOR PRESENTATION | February 2026 Celebrating 70 years of making recreation and transportation better. NYSE: LCII Forward Looking Statements This presentation contains certain "forward-looking statements" with respect to our financial condition, results of operations, profitability, margin growth, business strategies, operating efficiencies or synergies, competitive position, growth opportunities, acquisitions, plans and objectives of management, markets for the Company's common stock, the impact of leg ...

because the Company cannot predict certain elements that are included in certain reported GAAP results. While management cannot provide a reconciliation of items for forward-looking non-GAAP measures without unreasonable effort, management bases the estimated ranges of non-GAAP measures for future periods on its reasonable estimates of certain items such as assumed effective tax rate, assumed interest expense, and other assumptions about capital requirements for future periods. Although the Company believes ...

Core Insights - Builders FirstSource, Inc. (BLDR) is expected to report its fourth-quarter 2025 results on February 17, with adjusted earnings per share (EPS) and net sales in the last quarter exceeding Zacks Consensus Estimates by 11.2% and 3.8% respectively, although both metrics showed year-over-year declines of 6.9% and 38.8% [1] Group 1: Earnings and Sales Estimates - The Zacks Consensus Estimate for BLDR's fourth-quarter EPS has decreased to $1.30 from $1.31 over the past 30 days, indicating a 43.7% year-over-year decline from $2.31 reported in the same quarter last year [2] - The consensus estimate for net sales is projected at $3.44 billion, reflecting a 10.1% decline from $3.82 billion reported in the year-ago quarter [2] Group 2: Factors Influencing Q4 Results - Net sales are anticipated to decline year-over-year due to challenges in the housing market, including high mortgage rates and persistent inflation affecting housing starts, which directly impacts sales volume [3] - The value-added product category, which constituted 47.1% of third-quarter 2025 net sales, is expected to be negatively impacted by lower volumes, particularly in the multifamily segment and reduced home size [4] - Contributions from Specialty building products & services (27.6% of third-quarter net sales) and Lumber & lumber sheet goods (25.3% of third-quarter net sales) may slightly mitigate the overall decline, supported by stable repair and remodel activity and recent acquisitions [5] Group 3: Earnings Pressure and Market Dynamics - The bottom line is likely to decline year-over-year due to lower sales volumes in a weak housing market, with soft single-family demand and reduced revenue per start contributing to this trend [7] - Gross margins are expected to face pressure from lower volumes and competitive pricing dynamics across product categories, alongside reduced operating leverage from lower sales [8][9] - Despite disciplined cost control and productivity initiatives, profitability is anticipated to be limited due to ongoing margin pressures [9] Group 4: Earnings Prediction Model - The current model does not predict an earnings beat for Builders FirstSource, as the company has an Earnings ESP of -4.95% and a Zacks Rank of 4 (Sell) [10][11]

Group 1 - QXO Inc. (NYSE:QXO) reached a new 52-week high, increasing by 16.59% to $27.06, following the announcement of its acquisition of Kodiak Building Partners for $2.25 billion [1][2] - The acquisition agreement includes a payment of $2 billion in cash and 13.2 million shares, with the option for Kodiak to repurchase shares at $40 each [2] - Kodiak generated $2.5 billion in revenue last year from various construction-related products and services, indicating a strong financial background [4] Group 2 - The acquisition is expected to open access to a $200 billion addressable market, enhancing QXO's growth potential [2] - QXO's Chairman and CEO, Brad Jacobs, emphasized that the acquisition will allow for cross-selling and improved customer value, as well as margin expansion through operational efficiencies [5] - QXO's acquisition pipeline remains active, supported by recent equity financings led by Apollo and Temasek [6]

Core Viewpoint - JELD-WEN Holding, Inc. will release its fourth quarter and full year 2025 results on February 17, 2026, followed by a conference call on February 18, 2026, to discuss the results [1]. Group 1 - The conference call can be accessed via webcast on the company's Investor Relations website or by dialing specific phone numbers for U.S. and international participants [2]. - A replay of the conference call will be available on the company's website approximately two hours after the live event [2]. Group 2 - JELD-WEN Holding, Inc. is a global designer, manufacturer, and distributor of high-performance building products, including doors and windows, serving both new construction and remodeling sectors [2]. - The company is headquartered in Charlotte, North Carolina, operates in 14 countries across North America and Europe, and employs around 16,000 associates [2]. - The JELD-WEN brand portfolio includes JELD-WEN worldwide, LaCantina, VPI™ in North America, and Swedoor and DANA in Europe [2].

Group 1 - Apogee Enterprises, Inc. will report its fiscal 2026 third quarter results on January 7, 2026, before the market opens [1] - A conference call will be hosted at 8:00 a.m. Central Time on the same day [1] - Access to the live webcast will be available on the company's website, with a replay and transcript provided shortly after the call [2] Group 2 - Apogee Enterprises, Inc. is a leading provider of architectural building products and services, including high-performance coated materials [3] - The company's product portfolio includes architectural glass, windows, curtainwall, storefront and entrance systems, integrated project management and installation services, and high-performance coatings [3] - Apogee is headquartered in Minneapolis, MN, and focuses on innovative design and enhanced performance in its offerings [3]

Core Insights - JELD-WEN Holding, Inc. is conducting a comprehensive review of strategic alternatives for its Europe business, which generated $1.1 billion, or approximately 28% of its global revenue in 2024 [2] Group 1: Strategic Review - The strategic review aims to optimize the company's portfolio and align resources for sustainable performance [2] - The European business has shown strong performance and holds leading positions in key markets, indicating a solid foundation for future growth [2] Group 2: Business Overview - JELD-WEN Europe is a prominent designer, manufacturer, and distributor of interior and exterior doors, employing around 6,000 people across the UK, France, Central Europe, and Northern Europe [2] - The company operates 23 manufacturing locations and offers a range of products, including fire-rated and security solutions under various market-leading brands [2]

Core Insights - Builders FirstSource, Inc. (BLDR) is expected to report its third-quarter 2025 results on October 30, prior to market opening [1] - The company's adjusted earnings per share (EPS) for the last quarter exceeded the Zacks Consensus Estimate by 1.3%, while net sales slightly missed by 0.1% [1] - Year-over-year, both net sales and EPS declined by 5% and 32%, respectively [1] Earnings Performance - BLDR's earnings have surpassed the consensus estimate in three of the last four quarters, with an average surprise of 1.11% [2] - The Zacks Consensus Estimate for the upcoming quarter's EPS has decreased to $1.69 from $1.71, indicating a 45% decline from the $3.07 reported in the same quarter last year [3] - The consensus estimate for net sales is projected at $3.80 billion, reflecting a 10.3% decrease from $4.23 billion in the previous year [3] Factors Influencing Q3 Results - The anticipated decline in net sales is attributed to challenges in the housing market, including high mortgage rates and persistent inflation, which have negatively impacted housing starts [4] - The multi-family and single-family customer segments are also experiencing declining trends, contributing to the overall sales downturn [4] - BLDR expects net sales for Q3 to be between $3.65 billion and $3.95 billion, down from $4.23 billion in the prior year [5] - The value-added product category, which includes manufactured products and windows, doors, and millwork, is likely to face adverse effects from ongoing market headwinds [5] - Despite these challenges, the company's focus on strategic acquisitions, digital solutions, and investments in innovative products may provide some support to its quarterly performance [6] Earnings Outlook - The bottom line is expected to decline year-over-year due to margin normalization in single-family and multi-family segments, along with reduced operating leverage [7] - BLDR anticipates adjusted EBITDA in the range of $375 million to $425 million, down from $626.5 million reported in the same quarter last year [8] Earnings Prediction Model - The current model does not predict a definitive earnings beat for Builders FirstSource, as the company has an Earnings ESP of -2.73% and a Zacks Rank of 5 (Strong Sell) [10][11]

Company Overview - JELD-WEN Holding, Inc. is a leading global designer, manufacturer, and distributor of high-performance interior and exterior doors, windows, and related building products [3] - The company serves both the new construction and repair and remodeling sectors [3] - JELD-WEN is based in Charlotte, North Carolina, operates facilities in 14 countries across North America and Europe, and employs approximately 16,000 associates [3] Upcoming Financial Results - JELD-WEN will release its third quarter 2025 results after the market close on November 3, 2025 [1] - A conference call to discuss the results will take place at 8 a.m. EST on November 4, 2025 [1] Accessing the Conference Call - Interested parties can access the call via webcast on the Investor Relations section of the company's website or by dialing specific numbers for the U.S. and international participants [2] - A replay of the call will be available on the company's website approximately two hours after the live event [2]

Core Points - Apogee Enterprises, Inc. will report its fiscal 2026 second quarter results on October 9, 2025, after market close [1] - A conference call to discuss the financial results and provide a business update is scheduled for October 10, 2025, at 8:00 a.m. Central Time [1] Company Overview - Apogee Enterprises, Inc. is a leading provider of architectural building products and services, including high-performance coated materials [3] - The company is headquartered in Minneapolis, MN, and has a workforce of approximately 4,400 employees [4][8] - Apogee reported revenues of $1.4 billion in 2023 [4][8]