JELD-WEN Reports Q3 2026 Results with Increased EBITDA Margins Amid Revenue Decline
JELD-WEN (JELD) reported third-quarter revenue of $798.5 million, a 1.4% year-over-year decrease driven by declining core volumes. Despite the top-line contraction, the company achieved an adjusted EBITDA of $54.4 million, representing a significant increase from the previous year. This profitability boost was primarily fueled by $11.6 million in net tariff refunds and $10 million in productivity-driven cost savings, which helped offset a $14 million headwind caused by inflationary pressures. The company's North American segment saw margin improvements of 220 basis points, while the European segment experienced an EBITDA decline despite slight revenue growth. Looking ahead, JELD-WEN issued full-year revenue guidance of $3.1 billion to $3.2 billion and adjusted EBITDA guidance of $120 million to $150 million. Management is also navigating a debt refinancing process intended to extend maturities to 2031, which is expected to increase annual interest expenses by $50 million.
Tickers: $JELD
Topics: adjusted EBITDA cost savings inflation revenue segment performance