Welcome to our dedicated page for Janus International Group news (Ticker: JBI), a resource for investors and traders seeking the latest updates and insights on Janus International Group stock.
Janus International Group, Inc. (NYSE: JBI) is a global manufacturer and supplier of turn-key self-storage, commercial, and industrial building solutions and access control technologies. This news page aggregates company-issued announcements, earnings updates, acquisition news, and other disclosures that shape the ongoing story of JBI stock and the underlying business.
Recent Janus news highlights its focus on the self-storage and broader building products market. The company reported quarterly financial results that detail revenue trends across self-storage and commercial and other sales channels, net income, and non-GAAP metrics such as Adjusted EBITDA and Adjusted EPS. These releases often include commentary from management on operating conditions, demand in self-storage and commercial markets, and the company’s financial outlook ranges for revenue and Adjusted EBITDA.
Janus also uses news releases to announce corporate actions and strategic moves. Examples include the expansion of its share repurchase program authorized by the Board of Directors, an upgrade in its credit rating by S&P Global Ratings, and the appointment of senior leadership such as the President of Janus International Group, LLC (“Janus Core”). Acquisition-related news, such as the asset acquisition of Kiwi II Construction and earlier entry into the self-storage building space through the acquisition of BETCO, Inc., provides insight into how Janus is broadening its building solutions capabilities.
Investors and observers can also find announcements about Janus’s participation in investor conferences and the scheduling of earnings calls and webcasts. Together, these news items give context on operational performance, capital allocation, governance developments, and strategic direction. For those following JBI, this page offers a centralized view of the company’s official communications over time.
Janus International Group (NYSE: JBI), a leading provider of access control technologies and building product solutions for self-storage and other sectors, has announced the release of its second quarter 2024 financial results on August 7, 2024, before market opening. The company will host a webcast and conference call at 10:00 a.m. ET on the same day to discuss the results and conduct a Q&A session.
Investors can access the live webcast and archived replay on the company's website at www.janusintl.com. For those unable to join the webcast, the conference call can be accessed by dialing 1-844-825-9789 (domestic) or 1-412-317-5180 (international). To access the call replay, dial 1-844-512-2921 (domestic) or 1-412-317-6671 (international) with pass code 10190711.
Janus International Group (NYSE: JBI) has introduced the NS Series, a new line of roll-up door solutions for enhanced self-storage security. The series includes two options: the NS+ Door and the NS Retrokit. Key features of the NS Series include:
- Anchored guides on the floor for stability
- Robust lower bar with secure clips
- Firmly anchored support angles
The NS+ Door, suitable for replacements and new construction, offers six 9-gauge security clips and 14-gauge support angles. The NS Retrokit, an upgrade package for existing Janus doors, includes two 9-gauge security clips. This launch complements Janus's R3 Program, aimed at optimizing self-storage facilities and potentially increasing rental rates.
Janus International Group (NYSE: JBI), a leader in access control technologies and building products for commercial and industrial sectors, announced the acquisition of Terminal Maintenance and Construction (TMC). TMC specializes in trucking terminal services including renovation, remodeling, and maintenance, primarily in the Southeast. This strategic acquisition aims to support the growth of Janus's Facilitate division, enhancing their facility maintenance services. CEO Ramey Jackson highlighted that the merger will strengthen Janus's project management capabilities and contribute to their strategic growth plan.
Janus International Group, a leading provider of access control technologies and building product solutions, has announced its participation in several upcoming investor conferences. Senior management, including Executive VP and CFO Anselm Wong, will present at Wolfe Research's 17th Annual Global Transportation and Industrials Conference on May 22, 2024, at 4:05pm ET. Additional appearances include the KeyBanc Industrials and Basic Materials Conference on May 30, 2024, and the Stifel 2024 Cross Sector Insight Conference on June 5, 2024. Webcasts of these presentations will be available on the company's investor relations website.
Janus International Group, Inc. (NYSE: JBI) reported 1.0% total revenue growth in the first quarter of 2024. Net income increased by 18.1% to $30.7 million, or $0.21 per diluted share, with adjusted EPS of $0.21. The company achieved an 8.3% year-over-year increase in adjusted EBITDA to $66.3 million. Janus deployed $15.3 million into share repurchases during the quarter and made a $21.9 million debt repayment. They reiterated their full-year 2024 revenue and adjusted EBITDA guidance.
Janus International Group, a leading provider of access control technologies, has successfully completed a repricing of its first lien term loan. The repricing reduces the applicable interest rate on the $600 million loan by 50 bps, improving the Company's financial position. Additionally, the Company prepaid $21.9 million of its First Lien Term Loan due 2030. The market demand and lender support for the repricing reflect positively on Janus International Group's financial stability and strategic planning.
Summary not available.
Summary not available.
Summary not available.
Summary not available.