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JELD-WEN ( (JELD) ) just unveiled an announcement.
JELD-WEN has reported its financial results for the fourth quarter and full year ending December 31, 2024, showing a significant decrease in net revenues and an increased net loss from continuing operations compared to the previous year. The company faced a challenging year due to weak macro-economic conditions, resulting in a 12.3% decline in net revenues and a substantial net loss of $187.6 million for 2024. Despite the downturn, CEO William J. Christensen emphasized the company’s ongoing transformation efforts, which are aimed at improving productivity and positioning JELD-WEN for future success as market conditions improve.
More about JELD-WEN
JELD-WEN Holding, Inc. (NYSE: JELD) is a leading global designer, manufacturer, and distributor of windows and doors, serving various markets across North America and Europe.
YTD Price Performance: 8.79%
Average Trading Volume: 663,280
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $743.8M
For a thorough assessment of JELD stock, go to TipRanks’ Stock Analysis page.
