JELD-WEN Holding, Inc. Lowers Earnings Guidance for the Year 2024
May 07, 2024 at 02:00 am IST
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JELD-WEN Holding, Inc. lowering earnings guidance for the year 2024. For the period, the company updated its revenue guidance to a range of $3.9 to $4.1 billion from $4.0 billion to $4.3 billion, which reflects Core Revenues that are down 5% to 9% compared to 2023. The Company's new guidance range reflects a softening macro-environment across the company's portfolio of products and geographies in North America and Europe.
JELD-WEN Holding, Inc. is a global designer, manufacturer and distributor of interior and exterior doors, windows, and related building products serving the new construction and repair and remodeling (R&R) sectors. In its North America segment, it operates primarily in the new construction and R&R market for residential doors and windows in the United States and Canada. It is the manufacturer that offers a full line of interior and exterior door and window products. In its Europe segment, it operates primarily in the market for residential and non-residential doors in Germany, the United Kingdom, France, Austria, Switzerland, and Scandinavia. It provides a broad portfolio of interior and exterior doors, windows, and related building products manufactured from a variety of wood, metal, and composite materials offered across a full spectrum of price points. The Companyâs family of brands includes JELD-WEN worldwide, LaCantina and VPI in North America, and Swedoor and DANA in Europe.
JELD-WEN HOLDING, INC. 
