James Hardie Industries (JHX) Drops 34% Amid Channel Inventory Destocking Disclosure -- Hagens Berman
SAN FRANCISCO - On August 20, 2025, investors in James Hardie Industries plc (NYSE: JHX) saw the price of their shares crash $9.79 (-34%) after the company reported its Q1 2026 financial results and revealed problems with its North America business, its largest reporting segment.
The company’s earnings disclosures have prompted national shareholders rights firm Hagens Berman to open an investigation into whether James Hardie may have misled investors about the sustainability of its business model, including its sales practices in North America.
The firm urges investors in James Hardie who suffered significant losses to submit your losses now. The firm also encourages persons with knowledge who may be able to assist in the investigation to contact its attorneys.
Visit: www.hbsslaw.com/investor-fraud/jhx
Contact the Firm Now: [email protected], 844-916-0895
James Hardie Industries plc (JHX) Investigation:
James Hardie provides fiber cement and fiber gypsum building solutions. Its North America segment, the company’s largest, manufactures fiber cement interior linings, exterior siding products, and related accessories for sale in the United States and Canada.
The investigation is focused on the propriety of James Hardie’s May 2025 assurances to investors that “the strength of our brand and the attractiveness of our value propositions to customers has and will enable James Hardie to structurally grow through expansions and contractions.”
The company’s assurances may have come into question on August 19, 2025, when it reported dismal Q1 2026 results and disappointing forward guidance. More specifically, the company disclosed that North America sales volumes declined 12% year-over-year and admitted that it had seen its customers destock their inventory in April through May. The company also said its reduced outlook was based on customers’ inventory levels.
This news drove the price of James Hardie shares sharply lower on August 20, 2025.
“We’re investigating whether James Hardie may have misled investors about possibly overloading its customers with excess inventory,” said Reed Kathrein, the Hagens Berman partner leading the investigation.
If you invested in James Hardie and have substantial losses, or have knowledge that may assist the firm’s investigation, submit your losses now »
If you’d like more information and answers to frequently asked questions about the James Hardie investigation, read more »
Whistleblowers: Persons with non-public information regarding James Hardie should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].
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Hagens Berman is a global plaintiffs’ rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman’s team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.