The building products maker posted second-quarter revenue of $817.8 million and an adjusted EBITDA increase to $42.3 million, while widening its net loss and updating full-year revenue and profit guidance.
JELD-WEN Holding, Inc. reported weaker second-quarter sales but improved adjusted operating profit, prompting the company to lift the midpoint of its 2026 Adjusted EBITDA outlook. Net revenue for the three months ended June 27, 2026 fell 0.7% to $817.8 million from $823.7 million a year earlier, as a 2% drop in Core Revenues was only partly offset by a 1% foreign exchange benefit. The decline in Core Revenues was driven by a 3% fall in volume/mix, partially offset by a 1% gain from price realization. Net loss from continuing operations widened to $31.5 million, or $0.37 per share, from $22.3 million, or $0.26 per share, in the same quarter last year. Still, Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization, with company-defined adjustments) from continuing operations rose to $42.3 million from $39.0 million, and adjusted EBITDA margin improved 50 basis points to 5.2%, helped by productivity gains and lower SG&A (selling, general and administrative) expense. Chief Executive Officer William J. Christensen said the quarter marked the first year-over-year growth in Adjusted EBITDA in ten quarters and cited better service, tighter cost management and continued productivity in a soft demand environment. JELD-WEN updated 2026 revenue guidance to $3.1 billion to $3.2 billion from $3.05 billion to $3.2 billion and raised its Adjusted EBITDA range to $120 million to $150 million from $100 million to $150 million. The company said the revised outlook reflects significant cost reductions, partly offset by continued volume pressure, and expects a Core Revenue decline of about 2% to 5% versus 2025, with a foreign exchange benefit of about $50 million. It also expects 2026 operating cash flow to generate about $10 million.