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Stock impact report

JELD-WEN Reports First Quarter 2024 Results and Updates Full Year Guidance [Yahoo! Finance]

JELD-WEN Holding, Inc. (JELD) 
Last jeld-wen holding, inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: investors.jeld-wen.com
Company Research Source: Yahoo! Finance
months ended March 30, 2024 . Additionally, the Company has updated its full year 2024 guidance. Comparability is to the same period in the prior year and all periods presented reflect the Company's Australasia segment as a discontinued operation, as appropriate and unless otherwise noted. First Quarter Highlights Net revenues from continuing operations of $959.1 million decreased (11.2%) in the first quarter driven by a (12%) Core Revenue decline as a result of (12%) lower volume/mix due to weak macro-economic conditions. Net loss from continuing operations was $(27.7) million or per share, compared to $8.5 million , or per share during the same quarter a year ago. Operating income/(loss) margin was (2.9)% and 2.8% for the quarters ended March 30, 2024 and April 1, 2023 , respectively. Adjusted EBITDA from continuing operations was $68.7 million , a decrease of $(10.6) million compared to $79.3 million during the same quarter a year ago. Adjusted EBITDA Margin from continuing Show less Read more
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