JELD-WEN Lifts Profit Outlook Amid Cost-Cutting Drive

Net revenue for the quarter reached $817.8 million, a slight 0.7% dip compared to the same period last year. While core revenues fell by 2%—largely due to a 3% decline in volume and mix—the impact was partially mitigated by a 1% gain from pricing strategies and favorable foreign exchange rates. Adjusted EBITDA rose to $42.3 million, marking a 50-basis-point margin expansion to 5.2%.

Performance diverged significantly across the company's two primary regions. North America saw a 4.9% decline in net revenue to $528.5 million, yet its adjusted EBITDA climbed 17.1% to $40.7 million, bolstered by internal efficiency gains and reduced administrative expenses. Conversely, Europe posted a 7.9% revenue increase to $289.3 million, but faced an adjusted EBITDA drop of 22.6% as higher labor costs and unfavorable price-to-cost margins weighed on the segment.

Looking ahead, the company updated its 2026 revenue forecast to a range of $3.1 billion to $3.2 billion. Management also boosted its adjusted EBITDA guidance to between $120 million and $150 million, signaling confidence that aggressive operational streamlining will sustain momentum despite ongoing soft market demand.