Janus International Group Projects 2026 Revenue Between $855M and $865M Amid Self-Storage Development Delays
Janus International Group (JBI) reported that third-quarter results were impacted by significant headwinds in the North American self-storage sector. CEO Ramey Jackson noted that the pace of new self-storage development has lagged behind company expectations, creating a challenging environment for growth. Macroeconomic factors, specifically rising interest rates and increased steel costs, have contributed to these delays and ongoing market pressure. Despite these obstacles, the company has provided revenue guidance for 2026, forecasting a range between $855 million and $865 million.
Tickers: $JBI
Topics: interest rates quarterly earnings self-storage industry steel costs