JELD-WEN reported second-quarter 2026 net revenue of $818 million, a 1% decline, and raised its full-year revenue guidance to $3.1 billion to $3.2 billion while increasing the low end of its adjusted EBITDA outlook to $120 million. Adjusted EBITDA rose 8% to $42 million, with margin expanding 50 basis points to 5.2%, driven by $36 million in productivity gains that offset $29 million in price/cost headwinds. North America revenue fell to $529 million on lower volumes, but adjusted EBITDA margin improved to 7.7%, while Europe revenue grew 8% to $289 million though adjusted EBITDA declined to $13 million due to material cost inflation. The company now expects a $20 million net share-loss headwind for the year, improved from $30 million, as better on-time delivery performance helps win back business, and raised its full-year productivity target to $120 million. Free cash flow guidance was lowered to a $75 million use of cash, reflecting restructuring costs, and net debt leverage remained flat at 11.3x.
Jeld-Wen Holding IncImproved on-time delivery is winning back business, reducing expected share loss from $30M to $20M.
