Company: JBI
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001839839-25-000150
Chunk: 55

Company: Janus International Group, Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 8
Chunk 55
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 %$(97.5)(14.3)%

New construction sales decreased by $1.7 or 2.3% and $68.8 or 25.1% for the three and nine month periods ended September 27, 2025 compared to the three and nine month periods ended September 28, 2024, respectively. The decrease in organic revenue for the three and nine month periods ended September 27, 2025, is substantially attributed to a decline in volume due to macroeconomic uncertainty and the economic and interest rate environment.

R3 sales increased by $0.2 or 0.4% for the three month period ended September 27, 2025 compared to the three month period ended September 28, 2024. R3 sales decreased by $18.8 or 10.4% for the nine month period ended September 27, 2025 compared to the nine month period ended September 28, 2024, respectively. The R3 sales decrease was due to macroeconomic uncertainty as well as an approximately 40% decline in facility expansion and retail big-box conversion activity.

Commercial and other sales decreased by $15.8 or 19.4% and $9.9 or 4.4% for the three and nine month periods ended September 27, 2025 compared to the three and nine month periods ended September 28, 2024, respectively. These decreases were attributable to a decline related to terminal maintenance as well as market softness for rolling sheet doors.

39

Janus North America Cost of Revenues 

Three Months EndedVarianceVariance Breakdown(dollar amounts in millions)September 27, 2025September 28, 2024$%Acquisition Cost of RevenuesOrganic GrowthOrganic Growth %Product cost of revenues$93.1$93.9$(0.8)(0.9)%$— $(0.8)(0.9)%Service cost of revenues 20.429.5(9.1)(30.8)%— (9.1)(30.8)%Cost of revenues$113.5$123.4$(9.9)(8.0)%$— $(9.9)(8.0)% Nine Months EndedVarianceVariance Breakdown(dollar amounts in millions)September 27, 2025September 28, 2024$%Acquisition Cost of RevenuesOrganic GrowthOrganic Growth %Product cost