JBI INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces an Investigation into Janus International Group, Inc. and Encourages Investors to Contact the Firm

Core Viewpoint - Janus International Group, Inc. reported disappointing financial results for its fiscal third quarter, leading to a significant decline in its stock price and prompting an investigation into potential claims by investors [2]. Financial Performance - Janus reported revenue of $230.1 million for the fiscal third quarter, which is a year-over-year decline of 17.9% and fell short of consensus estimates by $18.11 million [2]. - The company updated its full-year revenue guidance to a range of $910 million to $925 million, compared to consensus estimates of $1 billion, citing macroeconomic headwinds, interest rate uncertainty, and project delays [2]. Stock Market Reaction - Following the announcement of its financial results, Janus's stock price dropped by $3.07 per share, or 29.78%, closing at $7.24 per share on October 29, 2024 [2].