Company: JBI
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001839839-25-000150
Chunk: 88

Company: Janus International Group, Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 7
Chunk 88
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5 %149.1 64.8 %5.5 3.7 %Commercial and other64.7 29.5 %81.0 35.2 %(16.3)(20.1)%Total revenues$219.3 100.0 %$230.1 100.0 %$(10.8)(4.7)% (dollar amounts in millions)Nine Months EndedVarianceConsolidatedSeptember 27, 2025% of Total SalesSeptember 28, 2024% of Total Sales$%Self-storage - new construction$274.9 41.8 %$319.5 43.6 %$(44.6)(14.0)%Self-storage - R3169.9 25.8 %189.1 25.8 %(19.2)(10.2)%Total self-storage444.8 67.6 %508.6 69.4 %(63.8)(12.5)%Commercial and other213.1 32.4 %224.4 30.6 %(11.3)(5.0)%Total revenues$657.9 100.0 %$733.0 100.0 %$(75.1)(10.2)%

New construction revenues increased by $5.1 or 5.5% for the three month period ended September 27, 2025 compared to the three month period ended September 28, 2024. The increase in the three month period ended September 27, 2025 is primarily due to strength in the International segment which more than offset weakness in North America driven by uncertainty in the economic and interest rate environment. New construction revenues decreased by $44.6 or 14.0% for the nine month period ended September 27, 2025 compared to the nine month period ended September 28, 2024. The decrease in the nine month period ended September 27, 2025 is primarily due to decline in volume associated with uncertainty in the economic and interest rate environment which started late in the second fiscal quarter of 2024. 

R3 revenues increased by $0.4 or 0.7% for the three month period ended September 27, 2025 compared to the three month period ended September 28, 2024. The R3 sales increase during the three month period was due to increased volume in renovation and door