JELD-WEN reports Q1 net loss $0.32/share; revenue down 11.2% to $959M

JELD-WEN Holding, Inc.

2024-Q1 EPS reported -$0.32 revenue$959,126,000

Net loss from continuing ops of $27.7M ($0.32/share) vs prior year net income of $8.5M ($0.10/share).
Revenue $959.1M, down 11.2% YoY; Core Revenue decline 12% on lower volume/mix from weak demand.
Adjusted EBITDA $68.7M (7.2% margin) vs $79.3M (7.3% margin) last year; productivity partially offset volume decline.
North America revenue $680.0M (-11.5%); Europe revenue $279.1M (-10.7%); both segments down on volume/mix.

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 first quarter ended March 30, 2024 results: revenue $959.1 million, net income $(27.7) million, EPS $(0.32) per share. Guidance reaffirmed.

Period: the first quarter ended March 30, 2024
Revenue: $959.1 million
Net income: $(27.7) million
EPS: $(0.32) per share
Guidance: reaffirmed
Result: reported results

Exact text from the filing

the Company's Australasia segment as a discontinued operation, as appropriate and unless otherwise noted. First Quarter Highlights • Net revenues from continuing operations of $959.1 million decreased (11.2%) in the first quarter driven by a (12%) Core Revenue decline as a result of (12%) lower volume/mix due to weak macro-economic conditions. • Net loss from

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Source: SEC EDGAR

accession 0001674335-24-000122

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