JELD-WEN Holding Inc

JELD-WEN reported Q1 2026 revenue of $722 million (slightly above expectations) and earnings per share of -$0.50, well below the forecast of -$0.29. Revenue fell about 7% year over year, and adjusted EBITDA dropped to $6 million (-72%) amid significant margin pressure from cost inflation and lower sales volumes. The stock fell 2.88% premarket. Management expects continued EPS losses but sees potential improvement from price measures, productivity gains, and positive currency effects. » More on de.investing.com

JELD‑WEN has launched a comprehensive review of strategic options for its Europe business, which most recently generated about USD 1.1 billion in revenue (≈28% of group revenue). The move comes against a backdrop of significant financial difficulties, a sharp drop in the share price and high debt of roughly USD 1.37 billion. The Europe segment operates 23 sites with around 6,000 employees; no specific options or timetable were disclosed. The company intends to carry out the process promptly and will comment only as required by law or on material developments. » More on de.investing.com

JELD‑WEN posted a net loss of $367.6 million in the third quarter on declining revenues of $809.5 million, weighed down by a $196.9 million goodwill impairment and one‑time tax effects. Adjusted EBITDA from continuing operations fell to $44.4 million, with the margin sliding to 5.5%. The company plans to cut roughly 850 jobs in North America (about 11%), has initiated a strategic review of its Europe segment and materially lowered its full‑year guidance for revenue and adjusted EBITDA. Analysts point to high debt (about $1.37 billion) and heavy cash outflows. » More on de.investing.com

JELD-WEN appointed Rachael B. Elliott effective October 20, 2025, as executive vice president for North America. Elliott brings more than 20 years of experience in manufacturing, e‑commerce and supply chain management, most recently in a senior role at Ashley Furniture. The company is grappling with roughly a 15% decline in revenue and high debt, but reported a smaller-than-expected loss in Q2 and revenue slightly above consensus; Jefferies raised its price target. In addition, Senior Vice President and Chief Accounting Officer Michael A. Leon resigned effective October 17, 2025; his departure is not related to disagreements over financial reporting. » More on de.investing.com

Jeld‑Wen announced that Michael A. Leon will resign as senior vice president and chief accounting officer effective October 17, 2025. The resignation is not related to any disagreements over financial reporting or accounting practices. Samantha L. Stoddard, executive vice president and chief financial officer, will interimly assume the responsibilities of the principal accounting officer. The announcement comes against the backdrop of high debt and a share price decline last year; the company most recently reported a better‑than‑expected Q2 result and Jefferies raised its price target. » More on de.investing.com