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JELD-WEN Holding, Inc. (JELD) CEO Gary Michel on Q1 2022 Results - Earnings Call Transcript

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JELD-WEN Holding, Inc. (NYSE:JELD) Q1 2022 Earnings Conference Call May 2, 2022 8:00 AM ET

Company Participants

Gary Michel - Chairman & CEO

David Guernsey - Acting CFO

Chris Teachout - IR

Conference Call Participants

Matthew Bouley - Barclays

Doug Weidner - JPMorgan

Deepa Raghavan - Wells Fargo Securities

John Lovallo - UBS

Truman Patterson - Wolfe Research

Mike Dahl - RBC Capital Markets

Susan Maklari - Goldman Sachs

Philip Ng - Jefferies

Daniel Oppenheim - Credit Suisse

Josh Chan - Robert W. Baird & Co


Good morning, and welcome to the JELD-WEN Holding Inc. First Quarter 2022 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer session. [ Operator Instructions].

I would now like to turn the call over Christopher Teachout, Director, Investor Relations. Please go ahead.

Chris Teachout

Thank you. Good morning, everyone. We issued our earnings press release this morning, and posted a slide presentation to the Investor Relations portion of our website, which we will be referencing during this call. I'm joined today by Gary Michel, Chair and CEO; and David Guernsey, acting CFO.

Before we begin, I would like to remind everyone that during this call, we will make certain statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to a variety of risks and uncertainties, including those set forth in our earnings release and provided in our Forms 10-K and 10-Q filed with the SEC. JELD-WEN does not undertake any duty to update forward-looking statements, including the guidance we are providing with respect to certain expectations for future results. Additionally, during today's call, we will discuss non-GAAP measures, which we believe can be useful in evaluating our performance. The presentation of this additional information should not be

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Comments (1)

jwillis99 profile picture
The level of incompetence in the $JELD mgt team is simply off the charts. These poorly performing people need to all be shown the door. We are coming out of a period of maximum demand for the products of $JELD, yet earnings are stuck in neutral and the stock has recently been cut in half. To throw insult on the fire here, these incompetent clowns spent massive amounts of capital buying back stock at prices nearly 100% higher than current levels. I have simply never witnessed a worse performance among a group of public company managers in my 20+ years of investing experience.

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