secwatch.observer — SEC 8-K summary
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Issuer:     JELD-WEN Holding, Inc. (JELD)
CIK:        0001674335
Form:       8-K
Filed at:   2024-08-05T23:59:59+00:00
Accession:  0001674335-24-000151
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

JELD-WEN Q2 net loss $18.5M, revenue $986M down 12.4% YoY; adjusted EBITDA $84.8M
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- Net revenue from continuing ops fell 12.4% to $986M; core revenue declined 12% on lower volume/mix.
- Net loss of $18.5M ($0.22 loss per share) vs net income of $22.5M ($0.26 EPS) a year ago.
- Adjusted EBITDA dropped to $84.8M (8.6% margin) from $108.9M (9.7% margin) due to weak demand and plant closure costs.
- North America segment revenue down 13% to $710.6M; adjusted EBITDA margin fell 270 bps to 10.6%.
- Repurchased 1.6M shares at average price $15.18 during the quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1674335/000167433524000151/0001674335-24-000151-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1674335/000167433524000151/jeld-20240805.htm
  HTML page:      https://secwatch.observer/filing/0001674335-24-000151

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