2024-02-20 12:28:08 ET
JELD-WEN Holding, Inc. (JELD)
Q4 2023 Earnings Conference Call
February 20, 2024 08:00 a.m. ET
Company Participant
Bill Christensen - Chief Executive Officer
Julie Albrecht - Chief Financial Officer
James Armstrong - Vice President Investor Relations
Conference Call Participant
Phil Ng - Jefferies
Susan Maklari - Goldman Sachs
John Lovallo - UBS
Joe Ahlersmeyer - Deutsche Bank
Andrew Azzi - JPMorgan
Steven Ramsey - Thompson Research Group
Alex Rygiel - B. Riley
Keith Hughes - Truist
Presentation
Operator
Thank you for standing by, and welcome to the JELD-WEN Fourth Quarter and Full Year 2023 Results Call. I would now like to welcome James Armstrong, Vice President Investor Relations to begin the call. James, over to you.
James Armstrong
Thank you and good morning. We issued our fourth quarter and full year 2023 earnings release last night and posted a slide presentation to the Investor Relations portion of our website, which can be found at investor.jeld-wen.com. We will be referencing this presentation during our call.
Today, I'm joined by Bill Christensen, Chief Executive Officer; and Julie Albrecht, Chief Financial Officer.
Before I turn it over to Bill, 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 that 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 considered in isolation or as a substitute for results prepared in accordance with GAAP. A reconciliation of these non-GAAP measures to their most directly comparable financial measures calculated under GAAP can be found in our earnings release and in the appendix of our earnings presentation.
With that, I'd like to now turn the call over to Bill.
Bill Christensen
Thank you, James, and thank you everyone for joining our call today. I'm pleased to report that our fourth-quarter earnings were better than we expected, and we are making great progress on strengthening the foundation of JELD-WEN. I want to thank all of our employees for their continued dedication as we work together to plan and execute our performance improvement activities.
Today, I'll start by giving a brief overview of fourth-quarter results and discuss some of the actions we've taken to improve our financial performance. I'll then introduce several of our new leaders before handing over to Julie to discuss the financial results in more detail. I'll then return to discuss our transformation journey before providing 2024 financial guidance and taking your questions. ...
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JELD-WEN Holding, Inc. (JELD) Q4 2023 Earnings Call Transcript