How did JELD's revenue and expenses shift in Q4 2024?

JELD-WEN Holding Inc. experienced a decline in revenue and a decrease in net income in Q4 2024 compared to the same period in the previous year.

1. **Revenue Shift**:
- JELD-WEN's revenue for Q4 2024 was $934.7 million.
- This represents a significant drop of 13.5% year-over-year.
- The company had initially guided its revenue for 2024 at $3.7 to $3.75 billion, reflecting a 13% to 14% decrease from the previous year.
2. **Net Income Shift**:
- The net income for Q4 2024 is not directly provided, but the company's earnings per share (EPS) was $0.32, which missed the expectation by $0.08.
- Adjusted EBITDA was also lowered, with expectations now between $265 to $280 million.
3. **Cost and Gross Margin**:
- Specific cost figures for Q4 2024 are not available, but the company's gross margin was likely impacted by the revenue decline.
- The reduction in revenue guidance suggests that cost management became more critical, likely resulting in efforts to maintain gross margins through operational efficiencies and reduced expenses.

In summary, JELD-WEN faced a challenging quarter with revenue and net income below expectations, necessitating strategic adjustments to maintain financial health.