JELD-WEN Holding Inc
F:0JW
JELD-WEN Holding Inc
JELD-WEN Holding, Inc. engages in the manufacture and sale of doors, windows, and related products. The company is headquartered in Charlotte, North Carolina and currently employs 24,700 full-time employees. The company went IPO on 2017-01-27. The company is a global manufacturer of interior and exterior building products. The company designs and distributes a range of interior and exterior doors, windows, and other building products for use in the new construction and repair-and-remodel (R&R) of residential single and multi-family homes and, non-residential buildings. The firm's segments include North America, Europe, and Australasia. The North America segment markets residential doors and windows in the United States and Canada. The Europe segment markets residential and non-residential doors in Germany, the United Kingdom, France, Austria, Switzerland, and Scandinavia. The Australasia segment markets residential doors and windows in Australia. Its brands include JELD-WEN worldwide; LaCantina and VPI in North America; Swedoor and DANA in Europe; and Corinthian, Stegbar, and Breezway in Australasia. Its customers include wholesale distributors, retailers, individual contractors, and consumers.
JELD-WEN Holding, Inc. engages in the manufacture and sale of doors, windows, and related products. The company is headquartered in Charlotte, North Carolina and currently employs 24,700 full-time employees. The company went IPO on 2017-01-27. The company is a global manufacturer of interior and exterior building products. The company designs and distributes a range of interior and exterior doors, windows, and other building products for use in the new construction and repair-and-remodel (R&R) of residential single and multi-family homes and, non-residential buildings. The firm's segments include North America, Europe, and Australasia. The North America segment markets residential doors and windows in the United States and Canada. The Europe segment markets residential and non-residential doors in Germany, the United Kingdom, France, Austria, Switzerland, and Scandinavia. The Australasia segment markets residential doors and windows in Australia. Its brands include JELD-WEN worldwide; LaCantina and VPI in North America; Swedoor and DANA in Europe; and Corinthian, Stegbar, and Breezway in Australasia. Its customers include wholesale distributors, retailers, individual contractors, and consumers.
Revenue Miss: JELD-WEN reported Q3 revenue of $809 million, with core revenue down 10% year-over-year, coming in below internal expectations due to weaker demand and operational challenges.
Margin Pressure: Adjusted EBITDA fell to $44 million (5.5% of sales), down significantly from last year, impacted by lower volumes and continued cost inflation, especially in labor and materials.
Guidance Cut: Full-year 2025 sales guidance lowered to $3.1–$3.2 billion and adjusted EBITDA to $105–$120 million, both reduced sharply from prior ranges due to market deterioration and operational headwinds.
Cost Actions: The company is implementing an 11% headcount reduction in North America and corporate, along with other cost and transformation initiatives to offset headwinds.
Strategic Moves: JELD-WEN has launched a strategic review of its European business and is evaluating options for noncore asset sales and sale-leasebacks to address leverage and liquidity.
Liquidity & Leverage: Liquidity remains strong ($100 million cash, $400 million revolver undrawn), with no debt maturities until December 2027, but net debt leverage increased to 7.4x due to lower EBITDA.
Persistent Headwinds: Management cited continued pricing pushback from large customers, tariff cost pressures, and limited ability to pass through price increases as significant challenges.
