JELD-WEN Holding, Inc. Provides Revenue Guidance for the Fourth Quarter of 2023
November 07, 2023 at 08:00 am EST
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JELD-WEN Holding, Inc. provided revenue guidance for the fourth quarter of 2023. In the fourth quarter, the company expected a low double-digit decline in core revenues due to reduced volumes combined with limited year-over-year price increases. All of this combines to support updated full year outlook for core revenues being down 4% to 6%.
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.