secwatch.observer — SEC 8-K summary
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Issuer:     JELD-WEN Holding, Inc. (JELD)
CIK:        0001674335
Form:       8-K
Filed at:   2024-11-04T23:59:59+00:00
Accession:  0001674335-24-000171
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 net loss $73M; revenue down 13%; adjusted EBITDA $81.6M
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- Net loss from continuing ops $73.0M ($0.86 dil EPS) vs net income $16.9M ($0.20) a year ago.
- Revenue $934.7M, down 13.2% YoY due to 13% volume/mix decline from weak macro and entry-level shift.
- Adjusted EBITDA $81.6M (8.7% margin) vs $105.7M; includes $63.4M pre-tax goodwill impairment in Europe.
- Adjusted EPS $0.32 vs $0.53; CEO expects $115M Adjusted EBITDA in 2024 from transformation efforts.
- Core Revenue decline of 13% entirely from lower volume/mix; higher labor and material costs partly offset by lower SG&A.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1674335/000167433524000171/0001674335-24-000171-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1674335/000167433524000171/jeld-20241104.htm
  HTML page:      https://secwatch.observer/filing/0001674335-24-000171

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