Posts Tagged ‘ Net revenue ’

JELD-WEN Reports Eighth Consecutive Quarter of Core Revenue Growth

Aug 2nd, 2022

JELD-WEN Holding announced its eighth consecutive quarter of core revenue growth, reporting an 11% increase paired with a net revenue increase of 6.8%, for the period ending June 25. CEO Gary S. Michel says cost inflation and softening retail demand impacted profitability in the second quarter, and that the company must “execute better and consistently […]

Jeld-Wen Experiences Revenue Growth, Impacts of Inflation

May 3rd, 2022

Jeld-Wen reports seven consecutive quarters of core revenue growth along with a 7.2% increase in net revenue from the same time last year. However, the company noted in its first-quarter results for 2022 a $26 million decrease in net income from one year prior, primarily resulting from inflation. Net revenue increased by 7.2% to $1,171.0 […]

Jeld-Wen Reports 2021 Growth

Feb 24th, 2022

Jeld-Wen Holding Inc. announced full-year financial results for 2021, which saw net revenue for the 12 months ended December 31, 2021, increase by $536.0 million, or 12.7%, to $4.772 billion, compared to $4.236 billion for the same period the prior year. Net income increased by $77.2 million, or 84.3%, to $168.8 million, compared to $91.6 […]

Jeld-Wen, Huttig Report Strong 3Q Financial Results

Nov 5th, 2021

Jeld-Wen Holding Inc. and Huttig Building Products Inc. each announced financial results for the third quarter of 2021, with both companies making out better than this time a year ago. Jeld-Wen’s numbers are from three and nine months ended September 25, 2021, and the improved results were—in part—aided by the conclusion of a lawsuit. The […]

Second Quarter Financials Prove Market Still Has Momentum

Aug 3rd, 2021

Three door and window related companies released their second quarter financial results in recent days, all proving that the market continues to have upward momentum with no signs of a slowdown. Door and window manufacturers Jeld-Wen and Fortune Brands both increased their 2021 outlooks, while distributor Huttig Building Products reported its second consecutive quarter of […]

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 […]

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