JELD-WEN guidance for full-year 2026 remained unchanged on October 19, 2026, with the door and window manufacturer reaffirming revenue of $3.1 billion to $3.2 billion and adjusted EBITDA of $120 million to $150 million. The confirmation accompanied a finance leadership change, with Chief Financial Officer Samantha L. Stoddard scheduled to leave on November 13.
Key Takeaways
- The company retained the full-year revenue and adjusted EBITDA ranges announced on August 3.
- The outlook still anticipates declining core revenue, with cost reductions supporting adjusted earnings.
- Chief Accounting Officer Jeffrey Embt will become interim CFO on November 13.
Table of Contents
- JELD-WEN guidance retains the August outlook
- Second-quarter results show the operating challenge
- November finance handover is the next confirmed milestone
- Conclusion
JELD-WEN guidance retains the August outlook
The October announcement confirmed management’s existing forecast rather than raising it or reporting completed full-year results. JELD-WEN had increased the lower ends of its revenue and adjusted EBITDA ranges when it released second-quarter earnings on August 3.
That August outlook assumed a 2% to 5% annual decline in core revenue and an approximately $50 million foreign-exchange benefit. Core revenue excludes currency effects and acquisitions and divestitures completed in the preceding 12 months, distinguishing underlying sales performance from reported revenue.
Management attributed the adjusted EBITDA outlook to significant cost reductions, partly offset by continued volume pressure. Adjusted EBITDA is a non-GAAP measure, not net income or operating cash flow.
| Item | Details |
|---|---|
| Full-year revenue guidance | May: $3.05–$3.2 billion; August range reaffirmed in October: $3.1–$3.2 billion. |
| Full-year adjusted EBITDA guidance | May: $100–$150 million; August range reaffirmed in October: $120–$150 million. |
| Full-year core revenue outlook | May: decline of 3%–6%; August outlook: decline of 2%–5%. |
Second-quarter results show the operating challenge
For the quarter ended June 27, 2026, revenue fell 0.7% to $817.8 million. Adjusted EBITDA from continuing operations rose to $42.3 million from $39.0 million a year earlier, with the company citing improved productivity and lower selling, general and administrative expenses.
The improvement did not translate into a smaller reported loss. Net loss from continuing operations widened to $31.5 million from $22.3 million, illustrating why the adjusted earnings target should be considered separately from bottom-line profitability.
Cash generation also remained a challenge in the first half: operating activities used $100.2 million, compared with $48.9 million in the corresponding 2025 period.
November finance handover is the next confirmed milestone
JELD-WEN’s October leadership and guidance filing states that Stoddard will leave to pursue an opportunity outside the building products industry. The company said her resignation did not result from a disagreement over operations, financial reporting, policies or practices.
The board appointed Jeffrey Embt, vice president and chief accounting officer, as interim CFO effective November 13. He will retain his accounting role while serving as principal financial officer, and the company will begin a search for its next CFO.
Conclusion
The October confirmation leaves JELD-WEN’s annual financial targets intact during a leadership transition. The next confirmed milestone is the November 13 CFO handover, while the full-year figures remain management guidance rather than achieved results.
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