JELD-WEN Announces Preliminary Financial Results for the First Quarter of Fiscal 2020
JELD-WEN Holding, Inc. (JELD)
Last jeld-wen holding, inc. earnings: 2/18 06:00 am
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Source: Business Wire
CHARLOTTE, N.C.--(BUSINESS WIRE)--JELD-WEN Holding, Inc. (NYSE: JELD) today announced selected preliminary financial results for the first quarter of 2020.HighlightsNet revenues of approximately $979 million, compared to $1,010 million in the same period last yearNet revenues were unfavorably impacted by a decline in core revenues of approximately 3% and the impact of foreign exchange of approximately 2%, partially offset by a 2% contribution from the VPI acquisitionPositive pricing of approximately 2% was offset by unfavorable volume/mix of approximately 5%; volumes were primarily impacted by market weakness in Australasia and EuropeAdjusted EBITDA of $73 million to $76 million, compared to $89.3 million in the same period last yearAdjusted EBITDA decreased primarily due to volume/mix and unfavorable foreign exchange, partially offset by positive pricing and cost reductionsWithdrawing 2020 financial guidance due to global economic uncertainties related to COVID-19 pandemic“As we
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JELD
Earnings
- 2/19/24 - Beat
JELD
Sec Filings
- 4/26/24 - Form 8-K
- 4/11/24 - Form 8-K
- 4/3/24 - Form 4
- JELD's page on the SEC website