JELD-WEN Q1: net loss $179.8M, revenue down 19% due to weak demand and Towanda divestiture

JELD-WEN Holding, Inc.

2025-Q1 EPS reported -$2.24 revenue$776,006,000

Net loss of ($179.8M) or ($2.12) per diluted share, versus net loss of ($27.7M) or ($0.32) in prior year.
Net revenues fell 19.1% to $776M, driven by court-ordered Towanda divestiture and 16% lower volume/mix.
Adjusted EBITDA declined $46.8M to $21.9M; adjusted EBITDA margin dropped 440 bps to 2.8%.
Recorded a non-cash goodwill impairment charge of ~$125M related to North America reporting unit.
CEO says transformation actions continue but market deterioration outweighs cost benefits; limited visibility.

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