JELD-WEN Swings to 2Q Loss on Weaker Demand

By MarketWatch | Aug 5, 2024 at 05:07 PM EST

JELD-WEN Holding reported a second-quarter net loss due to weakened demand and customers opting for cheaper products. Despite beating earnings estimates, revenue fell 12%. The company maintained its full-year revenue outlook but noted a trend towards the lower end due to economic challenges.

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