The outlook among homebuilders improved in May, as production for single-family projects saw its highest rate yet in 2023. Confidence in the market for newly built single-family homes rose by five points to 50, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). The improvement marks a fifth straight month […]

By most accounts, the outlook for the fenestration industry remains robust. We know from the [DWM] 2022 Industry Outlook that more than half of window dealers, manufacturers and suppliers expect sales increases of 10% or more, with more than 80% predicting sales will top 2021. Which brings us to today’s tip: Make hay while the […]

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 Holdings Inc. announced its first quarter earnings Tuesday—including a 6.8% increase in net revenues related to the company’s recent acquisition of VPI Quality Windows. Results are consistent with the company’s expectations, said Jeld-Wen president and CEO Gary Michel, adding that the company is “on track to deliver revenue growth and accelerate core margin expansion” […]