JELD-WEN Q1 revenue up 4.4% to $1.22B; adjusted EPS $0.35; raises FY guidance

JELD-WEN Holding, Inc.

2023-Q1 EPS reported $0.18 revenue$1,222,617,000

Net revenue $1,222.6M (+4.4% YoY); Core Revenue +7% on price (+10%) partially offset by volume/mix (-3%).
Net income $15.1M ($0.18 EPS) vs net loss $0.5M; Adjusted EPS $0.35 vs $0.24 in prior year.
Adjusted EBITDA $93.5M, margin 7.7% (+80 bps YoY); positive price/cost partly offset by lower volume/mix.
Sale of Australasia segment for AU$688M (announced Apr 17); proceeds to repay debt; FY guidance raised on remaining business.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

JELD-WEN Holding, Inc. reported the three months ended April 1, 2023 results: revenue $1,222.6 million, net income $15.1 million, EPS $0.18 per share. Guidance raised.

Period: the three months ended April 1, 2023
Revenue: $1,222.6 million
Net income: $15.1 million
EPS: $0.18 per share
Guidance: raised
Result: reported results

Exact text from the filing

is raising its full-year guidance on the remaining business to reflect its first quarter results and ongoing cost reduction activities. First Quarter Highlights • Net revenue of $1,222.6 million increased +4.4% in the first quarter driven by +7% Core Revenue growth. Core Revenue growth included +10% of price realization driven by continuing cost inflation and lower

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Source: SEC EDGAR

accession 0001674335-23-000106

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