James Hardie lifts Q1 FY27 outlook after sales top prior guidance

The company now expects consolidated net sales of $1.449 billion to $1.475 billion and Adjusted EBITDA of $399 million to $407 million for the quarter ended June 30, 2026.

Summary

James Hardie Industries plc said its preliminary fiscal first-quarter 2027 results are expected to come in above the high end of its prior consolidated guidance, helped mainly by stronger-than-anticipated Siding & Trim sales. For the quarter ended June 30, 2026, the company expects consolidated net sales of $1.449 billion to $1.475 billion, up from prior guidance of $1.315 billion to $1.354 billion, and consolidated Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) of $399 million to $407 million versus prior guidance of $354 million to $375 million. It also expects GAAP (U.S. accounting standard) net income of $102 million to $104 million. In Siding & Trim, net sales are projected at $846 million to $860 million, with GAAP operating income of $211 million to $215 million and Adjusted EBITDA of $282 million to $288 million. In Deck, Rail & Accessories, net sales are expected at $296 million to $305 million, with a GAAP operating loss of $(3.1) million to $(3.3) million and Adjusted EBITDA of $79 million to $83 million. CEO Aaron Erter said the company saw strong sell-through and underlying demand in Siding & Trim, while Deck, Rail & Accessories benefited from channel inventory normalization and improving sell-through through the quarter. He added that the performance reflected execution and growth above market rather than a meaningful improvement in the overall U.S. housing market, and said James Hardie would update full-year guidance on its first-quarter earnings call.

Terms & Concepts
  • Adjusted EBITDA: Earnings excluding interest, taxes and some non-cash or one-off items.
  • GAAP: U.S. accounting standards used for financial reporting.
  • channel inventory normalization: Stock levels at distributors returning toward typical levels.