JELD-WEN Holding, Inc. (JELD) Misses Q2 EPS by 6c, Revenues Miss

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JELD-WEN Announces Second Quarter 2019 Results and Updates 2019 Outlook

August 7, 2019 6:00 AM EDT

CHARLOTTE, N.C.--(BUSINESS WIRE)-- JELD-WEN Holding, Inc. (NYSE: JELD) today announced results for the three and six months ended June 29, 2019, including second quarter net revenues of $1.119 billion, net income of $22.4 million, adjusted EBITDA of $127.6 million, earnings per share ("EPS") of $0.22 and adjusted EPS of $0.45.

Highlights:

Net revenues for the second quarter decreased 4.6% year-over-year to $1.119 billion Adjusted EBITDA for the second quarter decreased by $6.5 million year-over-year to $127.6 million; adjusted EBITDA margin was unchanged at 11.4% Core adjusted EBITDA margins expanded in North America and... More