JELD-WEN's Q4 2024 results showed a decline in net revenues by (12.3%) to $895.7 million, driven by a (12%) decrease in Core Revenue. The company reported a net loss of ($68.4) million, or ($0.81) per share, compared to a net loss of ($22.6) million, or ($0.27) per share, in the same quarter last year. Adjusted EBITDA decreased to $40.1 million, with a margin of 4.5%.
JELD-WEN's Q3 2024 net revenues decreased by 13.2% to $934.7 million, driven by a decline in Core Revenue. The company reported a net loss of $73.0 million, or ($0.86) per share, compared to a net income of $16.9 million, or $0.20 per share, in the same quarter last year. Adjusted EBITDA was $81.6 million, a decrease of ($24.1) million year-over-year.
JELD-WEN reported a decrease in net revenues by 12.4% to $986.0 million, driven by a decline in Core Revenue. Net loss from continuing operations was ($18.5) million, compared to a net income of $22.5 million in the same quarter last year. Adjusted EBITDA decreased to $84.8 million with a margin of 8.6%. The company is maintaining its full-year revenue and Adjusted EBITDA guidance but trending towards the low end of the range.
JELD-WEN's first quarter net revenues decreased by 11.2% to $959.1 million, driven by lower volume/mix due to weak macroeconomic conditions. The company reported a net loss of $27.7 million, or $(0.32) per share, compared to a net income of $8.5 million, or $0.10 per share, in the same quarter last year. Adjusted EBITDA was $68.7 million, with a margin of 7.2%.
JELD-WEN reported a decrease in net revenues for Q4 2023, driven by a decline in Core Revenue. However, the company increased profitability and generated strong cash flows. Adjusted EPS increased, and Adjusted EBITDA also saw an increase with improved margins.
JELD-WEN reported a decrease in net revenues by (5.5%) to $1,077.0 million, but net income increased to $16.9 million, or $0.20 per share. Adjusted EPS was $0.53, and Adjusted EBITDA increased to $105.7 million. The company is raising its full-year guidance for continuing operations to reflect its solid third quarter results.
JELD-WEN reported a decrease in net revenues by 4.5% driven by a decline in Core Revenue, but achieved year-over-year improvements in both margin and cash flow. The company completed the sale of its Australasia business and is raising its full-year guidance to reflect the solid second quarter results.
JELD-WEN reported a net revenue increase of 4.4% to $1,222.6 million, driven by a 7% Core Revenue growth. Net income was $15.1 million, or $0.18 per share, compared to a net loss of ($0.5) million, or ($0.01) per share, in the same quarter last year. Adjusted EPS was $0.35, compared to $0.24 in the same quarter a year ago. The company is raising its full-year guidance on the remaining business to reflect its first quarter results and ongoing cost reduction activities.
JELD-WEN's fourth quarter net revenue increased by 3.5% to $1,331.4 million, driven by 9% core revenue growth, while net income decreased to $33.6 million, or $0.40 per share. Adjusted EPS was $0.47, and Adjusted EBITDA was $99.6 million with a margin of 7.5%. The company is taking actions to improve execution and address cost structure amidst softening demand in end markets.
JELD-WEN Holding, Inc. reported a 13.0% increase in net revenue for the third quarter of 2022, driven by an 18% core revenue growth. However, the company experienced a GAAP net loss of $33.2 million, or $0.39 per share, compared to a net income of $40.5 million, or $0.41 per share, in the same quarter last year. Adjusted EPS was $0.71, compared to $0.45 in the same quarter a year ago. The company has updated its outlook for full year 2022 adjusted EBITDA to be between $400 million and $420 million.
JELD-WEN reported a 6.8% increase in net revenue for Q2 2022, driven by core revenue growth, but experienced a decrease in net income and adjusted EBITDA due to significant cost inflation and softening retail demand in North America and Europe.
JELD-WEN Holding, Inc. reported a net revenue increase of 7.2% for the first quarter of 2022, driven by a 10% core revenue growth. However, the company experienced a net loss of $0.5 million, with adjusted EPS of $0.16, as earnings were negatively impacted by significant raw material, freight, and labor inflation.
JELD-WEN Holding, Inc. announced fourth quarter net revenue of $1,286.9 million, net income of $42.1 million, and adjusted EBITDA of $120.1 million. The company's net revenue increased 11.8% driven by improvement in pricing and volume/mix.
JELD-WEN's Q3 2021 results showed a net revenue increase of 3.0% to $1,146.6 million, net income of $40.5 million, and EPS of $0.41. The company overcame challenges including labor constraints and supply chain issues to meet customer demand.
JELD-WEN Holding, Inc. announced results for the second quarter ended June 26, 2021, including net revenue of $1,245.8 million, net income of $60.7 million, and EPS of $0.60.
JELD-WEN reported a strong start to 2021, with net revenue increasing by 11.6% to $1,092.4 million and net income of $25.5 million, compared to a net loss of $0.2 million in the same quarter last year. Adjusted EBITDA increased by 31.4% to $97.9 million, and EPS was $0.25, compared to $0.00 for the same quarter last year.
JELD-WEN Holding, Inc. reported strong Q4 2020 results with net revenue increasing by 7.7% to $1,151.3 million and net income of $43.2 million. Adjusted EBITDA increased by 29.4% to $115.4 million, with EPS at $0.42 and adjusted EPS at $0.45. The company achieved its highest rate of core revenue and adjusted EBITDA growth since 2017 and generated record full-year free cash flow.