Jeld: WEN Q2 revenue down, net loss widens

Jeld-Wen Holding

05/08/2025 21:46

Overview

JELD-WEN Q2 revenue down 16.5% yr/yr, beating analyst expectations, per LSEG data

Co posted net loss from continuing operations of $22.3 mln, up from last year

Outlook

JELD-WEN reinstates 2025 revenue guidance of $3.2 bln to $3.4 bln

Company expects adjusted EBITDA between $170 mln and $200 mln for 2025

JELD-WEN sees core revenue decline of 4% to 9% in 2025 vs 2024

Company anticipates operating cash flow to be an approximate $10 mln  use of cash

Result Drivers

CORE REVENUES DECLINE - Driven by a 14% decrease in volume/mix, partially offset by 1% price realization

DIVESTITURE IMPACT - 5% revenue decrease due to court-ordered divestiture of Towanda

MARKET SOFTNESS - European revenues affected by 10% volume/mix decline

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$823.70 mln
$808.90 mln (10 Analysts)
Q2 EPS
-$0.25
Q2 Net Income
-$21.50 mln
Q2 Adjusted EBITDA Margin
4.7%
Q2 Operating Income
-$13.90 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 8 "hold" and 2 "sell" or "strong sell"

The average consensus recommendation for the construction supplies & fixtures peer group is "buy."

Wall Street's median 12-month price target for JELD-WEN Holding Inc is $4.06, about 9.4% below its August 4 closing price of $4.44

The stock recently traded at 98 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release: ID:nPn9Ml53Sa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)