Jeld-Wen Holding Inc. reports third quarter net revenues of $809.5 million, down 13.4% year-over-year
Reuters
Nov 04, 2025
Jeld-Wen Holding Inc. reports third quarter net revenues of $809.5 million, down 13.4% year-over-year
Jeld-Wen Holding Inc. reported third quarter 2025 net revenues of $809.5 million, a decrease of 13.4% compared to the same period last year. The decline was driven by a 10% decrease in Core Revenues and a 5% decrease related to the court-ordered divestiture of Towanda, partially offset by a 2% favorable foreign exchange impact. Core Revenues saw an 11% decrease in volume/mix and a 1% benefit from price realization. The company updated its full year 2025 guidance, lowering expected revenue to $3.1 to $3.2 billion and Adjusted EBITDA to $105 to $120 million, reflecting a Core Revenue decline of 10% to 13%. Jeld-Wen also announced plans to reduce its North America and Corporate workforce by about 850 positions, or roughly 11%, and has initiated a strategic review of its European segment. Costs associated with the workforce reduction are estimated at $10 to $20 million, with operating cash flow expected to be an approximate $45 million use of cash for the year.
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