First positive adjusted quarter after seven straight losses, helped by tariff refunds booked as a cost reduction and SG&A cut to $116.2 million. Revenue still trailed estimates, and net debt leverage of 10.3x keeps the refinancing the real story, even with full-year guidance held.
JELD-WEN Holding Inc
About JELD-WEN
JELD-WEN Holding, Inc. (NYSE: JELD) designs, manufactures and distributes interior and exterior doors, windows and related building products. It serves both new construction and repair and remodeling markets.
The company reports two segments, North America and Europe. It operates facilities in 14 countries and employs approximately 13,900 associates. Its brands include JELD-WEN worldwide, LaCantina and VPI in North America, and Swedoor and DANA in Europe.
The company is in a multi-year transformation journey that includes:
- Footprint rationalization and facility closures.
- North America supply chain network optimization and equipment capacity optimization.
- Centralization of HR processes.
- Cost reductions.
Recent portfolio moves include the court-ordered divestiture of its Towanda facility (completed in Q1 2025) and the sale of its Hawaii business. In 2026 it concluded a strategic review of its European business and elected to retain it, focusing on operational improvements. The company is also pursuing debt refinancing transactions to extend maturities amid elevated leverage. Updated
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What does JELD-WEN do?
JELD-WEN Holding, Inc. (NYSE: JELD) designs, manufactures and distributes interior and exterior doors, windows and related building products. It serves both new construction and repair and remodeling markets.