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Janus International Group, Inc. - JBI STOCK NEWS

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 leading provider of turnkey building solutions for the self-storage, commercial, and industrial markets. With a strong global presence, Janus offers a diverse range of products, including roll-up and swing doors, hallway systems, relocatable storage units, and advanced access control technologies.

The company operates through two primary segments: Janus North America and Janus International. Janus International mainly covers Europe and Australia, while Janus North America handles operations within North America under entities such as Janus Core and Betco, Inc.

Janus is known for its innovative and virtually maintenance-free designs, which are user-friendly and easy to install. The company also provides portable storage containers and hallway systems specifically for the self-storage industry. One of Janus's key strengths is its ability to deliver customized, built-to-order products supported by comprehensive installation services and cutting-edge automation technologies sold under the Nokē brand.

Recently, Janus has achieved significant milestones under the ownership of Clearlake Capital Group, L.P. Clearlake acquired Janus in February 2018 and saw the company through its public listing on the New York Stock Exchange in June 2021. During this period, Janus underwent a strategic transformation that included the development of new access control technologies and the acquisition of seven companies, such as DBCI, Nokē, and Betco.

These initiatives have driven over 140% growth in EBITDA and bolstered Janus's position in the market. With a focus on both organic and inorganic growth, the company has expanded its addressable market, vertically integrated its operations, and enhanced its global footprint. Today, Janus serves over 10,000 active customers worldwide, offering a compelling value proposition centered around innovation, quality, and customer satisfaction.

Rhea-AI Summary
Janus International Group, Inc. reports 6.7% organic revenue growth and a 14.2% increase in net income for the third quarter of 2023. Adjusted EBITDA increased by 20.4% and trailing twelve-month free cash flow conversion reached 117% of adjusted net income. Full-year 2023 revenue and adjusted EBITDA guidance has been raised.
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Janus International Group, Inc. will release its third quarter 2023 financial results on November 6, 2023. A webcast and conference call will be held to review the results.
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Janus International's Nokē migrates to Amazon Web Services, improving availability and global reach.
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Janus International Group announces expansion of partnership with Extra Space Storage to install Nokē digital access products in over 400 additional facilities, bringing the total to approximately 1,110 properties.
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Janus International Group, Inc. (NYSE: JBI) will participate in investor conferences.
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Janus International Group, Inc. reports 9.2% organic revenue growth and a 62.0% increase in net income for Q2 2023. Adjusted EBITDA also increased by 46.0% and net leverage decreased by 1.8x year-over-year. Full-year 2023 revenue and adjusted EBITDA guidance has been raised.
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FAQ

What is the current stock price of Janus International Group (JBI)?

The current stock price of Janus International Group (JBI) is $7.57 as of December 24, 2024.

What is the market cap of Janus International Group (JBI)?

The market cap of Janus International Group (JBI) is approximately 1.1B.

What products does Janus International Group, Inc. offer?

Janus offers roll-up and swing doors, hallway systems, relocatable storage units, and access control technologies.

What are the main segments of Janus International Group?

The company operates through Janus North America and Janus International, which covers Europe and Australia.

What recent achievements has Janus International Group made?

Under Clearlake Capital's ownership, Janus developed new access control technologies, made seven acquisitions, and achieved over 140% EBITDA growth.

Where can I find Janus International's products?

Janus serves a global customer base with products available in North America, Europe, Australia, and other regions.

What makes Janus International’s products unique?

Their products are virtually maintenance-free, easy to use, and installation-friendly, offering innovative solutions for various markets.

Who recently exited their investment in Janus International Group?

Clearlake Capital Group, L.P. sold its remaining shares and fully exited its investment in December 2023.

What is the Nokē brand?

Nokē is Janus International’s brand for proprietary access control technologies used in self-storage and other facilities.

How many active customers does Janus International serve?

Janus International serves over 10,000 active customers worldwide.

Who is the CEO of Janus International Group, Inc.?

The CEO of Janus International Group, Inc. is Ramey Jackson.

What is the focus of Janus International's growth strategy?

Their growth strategy focuses on organic initiatives such as expanding markets and vertically integrating operations, as well as inorganic growth through acquisitions.

Janus International Group, Inc.

NYSE:JBI

JBI Rankings

JBI Stock Data

1.07B
135.40M
4.02%
113.22%
9.43%
Building Products & Equipment
Metal Doors, Sash, Frames, Moldings & Trim
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United States of America
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