secwatch.observer — SEC 8-K summary
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Issuer:     JELD-WEN Holding, Inc. (JELD)
CIK:        0001674335
Form:       8-K
Filed at:   2022-10-31T23:59:59+00:00
Accession:  0001674335-22-000134
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

JELD-WEN Q3 GAAP net loss $33.2M; lowers FY22 adjusted EBITDA guidance to $400-420M
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- Net revenue $1.30B, +13% YoY; core revenue +18% on price (+15%) and volume/mix (+3%).
- GAAP net loss $33.2M (-$0.39/share) vs. net income $40.5M ($0.41) a year ago; includes $54.9M goodwill impairment in Europe.
- Adjusted EPS $0.71 vs. $0.45; adjusted EBITDA $116.5M (+17.9%), margin 9.0% (+40 bps).
- FY22 adjusted EBITDA guidance cut to $400-420M from prior $430-450M; core revenue growth unchanged at ~10%.
- Announced strategic review of Australasia segment; free cash flow used $130.9M in 9 months vs. $61.6M generated a year ago.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1674335/000167433522000134/0001674335-22-000134-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1674335/000167433522000134/jeld-20221031.htm
  HTML page:      https://secwatch.observer/filing/0001674335-22-000134

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