Posts Tagged ‘ Gary S. Michel ’

Court of Appeals Upholds Order for Jeld-Wen to Divest of Towanda Plant

Feb 22nd, 2021

The United States Court of Appeals for the Fourth Circuit Court filed a decision last week, upholding an order for door and window manufacturer Jeld-Wen Inc. to divest of its Towanda, Pa.-based manufacturing plant. In an opinion filed Thursday, a panel of three judges upheld the original ruling, stemming from a trial-by-jury process in 2018, […]

Jeld-Wen Reports Increases in Fourth Quarter and a Strong 2021 Outlook

Feb 18th, 2021

The news was good for Jeld-Wen in the fourth quarter, and the full year for 2020, according to the company’s latest financial results announced this week. Net revenue increased by 7.7% to $1,151.3 million for the fourth quarter, driven primarily by a 5% increase in core revenue. And although net revenue decreased 1.3% for the full […]

JELD-WEN Third Quarter Results Showcase Increased Demand

Nov 4th, 2020

“Consumers’ focus on their homes, coupled with our strategy to deliver profitable market share with key customers, is driving increased demand for products in both residential new construction and repair and remodel channels,” said Gary S. Michel, president and chief executive officer JELD-WEN Holding, Inc. These statements were made as the company announced its results […]

Two Major Industry Players Report Expected Drops but Remain “Pleased” with Second Quarter

Aug 5th, 2020

With second quarter financials released by many of the industry’s players, Masonite and Jeld-Wen were the latest to release their results this week. CEOs of both organizations addressed how COVID-19 impacted operations. At Masonite, net sales decreased 11% to $500 million in the second quarter versus $563 million in the second quarter of 2019, due […]

JELD-WEN Reports Decreases in Second Quarter

Aug 8th, 2019

“I am disappointed with our revenue results in the quarter, driven by the sharp deterioration we saw in the Australasia market late in the quarter and the demand softness in North America new construction. I am confident, however, that we will demonstrate further improvement in execution through the continued deployment of JEM (JELD-WEN Excellence Model) […]

X
This site uses cookies which allow us to give you the best browsing experience possible. Cookies are files stored in your browser and are used by most websites to help personalize your web experience. By continuing to use our website, you are agreeing to our use of cookies. To find out more, please see our Privacy Policy.