JELD-WEN Holding, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
February 19, 2024 at 04:30 pm EST
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JELD-WEN Holding, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 1,021.1 million compared to USD 1,179 million a year ago. Net loss was USD 34.8 million compared to net income of USD 33.6 million a year ago. Diluted loss per share from continuing operations was USD 0.27 compared to diluted earnings per share from continuing operations of USD 0.31 a year ago. Diluted loss per share was USD 0.41 compared to diluted earnings per share of USD 0.4 a year ago.
For the full year, the company reported sales was USD 4,304.3 million compared to USD 4,543.8 million a year ago. Net income was USD 62.4 million compared to USD 45.7 million a year ago. Diluted earnings per share from continuing operations was USD 0.29 compared to USD 0.14 a year ago. Diluted earnings per share was USD 0.73 compared to USD 0.53 a year ago.
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.