Posts Tagged ‘ Net income ’

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 […]

Increases Across the Board Borne Out in PGT Innovations Latest Financials

Nov 10th, 2020

All indicators are up, according to the third quarter financial results published late last week by PGT Innovations. Net sales increased 20%, to $238 million, including $27 million from the company’s NewSouth acquisition. “PGT Innovations’ third quarter sales reflect strong demand in our key markets, including 7% organic growth and $27 million of sales from […]

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 […]

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