Jeld-wen Holding 2025 Q2 Earnings Net Loss Widens as Revenue Drops 16.5%

Jeld-wen Holding reported its fiscal 2025 Q2 earnings on Aug 06th, 2025, marking a challenging quarter with a notable revenue decline and expanding losses. The company reinstated its full-year guidance despite ongoing macroeconomic headwinds, signaling confidence in its long-term positioning and operational discipline.

Jeld-wen Holding's total revenue fell by 16.5% year-over-year to $823.73 million in Q2 2025, reflecting continued pressure in core markets and the impact of the Towanda divestiture. The CEO emphasized cost reductions and quality improvements as key strategies amid uncertain demand.

Revenue
Net revenue for the quarter dropped to $823.73 million, a 16.5% decline from $986.02 million in the same period last year. The reduction stemmed from a 13% decline in core revenue and a 5% drop from the Towanda divestiture, partially offset by a 1% favorable foreign exchange impact. In North America, revenue declined 21.8% to $555.7 million, primarily due to a 15% drop in core revenue and a 7% reduction from Towanda. In Europe, revenue fell 2.7% to $268.1 million, driven by an 8% core decline offset by a 5% foreign exchange benefit.

Earnings/Net Income
Jeld-wen Holding's net loss widened to $0.26 per share in Q2 2025, compared to $0.22 per share in Q2 2024. The net loss increased to $21.52 million from $18.49 million year-over-year, reflecting a 16.4% rise in losses. Adjusted EBITDA from continuing operations also decreased to $39.0 million from $84.8 million. The losses were driven by reduced sales, pricing pressures, and productivity challenges, despite cost-cutting efforts. The EPS outcome reflects a deteriorating trend compared to the prior year.

Price Action
The stock price of Jeld-wen Holding saw a positive reaction in the short term, climbing 4.73% in a single trading day and surging 18.38% in the past week. The stock has gained 30.66% month-to-date, showing a strong rebound amid the earnings report.

Post Earnings Price Action Review
The post-earnings trading strategy of buying JELD shares based on the company's revenue increase in Q2 2025 has underperformed significantly. The strategy resulted in a CAGR of -31.88% and an excess return of -115.70%, far below the benchmark return of 48.58%. The high maximum drawdown of 0.00% and a Sharpe ratio of -0.55 indicate a high level of risk and negative returns relative to the risk-free rate, making the strategy unsuitable for most investors.

CEO Commentary
William J. Christensen, CEO of Jeld-wen Holding, acknowledged the ongoing challenges in the second quarter but highlighted the company's ability to manage uncertainty through cost reductions and quality improvements. He emphasized progress in service and operational efficiency, while recognizing the need for continued efforts. Christensen reiterated the company's commitment to long-term success as demand normalizes.

Guidance
Jeld-wen Holding reinstated its full-year guidance for 2025, though no specific metrics were disclosed in the release. The company expects core revenue to decline by 4% to 9% compared to 2024, with adjusted EBITDA projected between $170 million and $200 million. The CEO's focus remains on disciplined execution, customer service, and navigating macroeconomic uncertainty as demand trends stabilize.

Additional News
JELD-WEN announced the court-ordered divestiture of its Towanda facility, which yielded $110.7 million in proceeds in Q1 2025. Additionally, the company reported a $137.7 million non-cash goodwill impairment charge in Q1 2025, related to its North America reporting unit. Capital expenditures in the first half of 2025 rose to $76.1 million compared to $74.1 million in the same period in 2024. These moves reflect strategic adjustments in response to market dynamics and operational restructuring.