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Schlage® Expands Commercial Portfolio with New Performance Series™ Locks

1. Allegion launches Schlage® Performance Series™ Locks for commercial spaces. 2. New locks are designed for quality and cost-effective solutions. 3. Market demands prompt focus on fast installations and protective measures. 4. Non-residential construction costs have surged 44% since 2020. 5. Performance Series increases installation efficiency and product accessibility.

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Why Bullish?

The introduction of new products can drive sales growth. A similar launch in the past led to increased market share.

How important is it?

The article indicates new product development which could boost revenue. Positive market reception is crucial for ALLE's growth.

Why Short Term?

Initial market reception can quickly influence ALLE's stock performance based on orders. Historical precedents show quick market responses to product launches.

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MASASSADHI
New purpose-built locks provide stylish and secure options for everyday commercial spaces, /PRNewswire/ -- Allegion US, a leading provider of security solutions, technology and services, is excited to announce the launch of the Schlage® Performance Series™ Locks. Available to order now, the new PM Series mortise, PC Series cylindrical and PT Series tubular locks bring trusted Schlage reliability to commercial real estate and multifamily projects where budgets matter and applications call for quality and security. Schlage Performance Series "With the Performance Series, property teams can outfit every door with hardware that works as hard as they do," said Nate Spitz, general manager, Locks & Access Solutions, Allegion. "This portfolio expansion helps customers match the right product to the right performance need and application – without sacrificing the quality you expect from Schlage." Meeting Market Demand for Mid-Tier Solutions Non-residential construction costs have increased approximately 44 percent since 2020, putting pressure on project budgets. At the same time, rising multifamily insurance and operating expenses further squeeze net operating income (NOI). In this environment, owners, facility teams and developers are prioritizing faster installs and protecting NOI without sacrificing the resident experience. Performance Series delivers fit-for-purpose performance, streamlined installation and ProExpress™ priority delivery for select mortise and cylindrical SKUs starting November 2025, helping teams hold schedule and budget.One Family, Three Locks, and a Wide Range of Applications PM Series™ Grade 1 Mortise Locks – 23 mechanical and three electrified functions PC Series™ Grade 1 Cylindrical Locks – eight mechanical functions PT Series™ Grade 2 Tubular Locks – four mechanical functions In addition to the in-demand levers and finishes offered, two new decorative levers—Selena (contoured, round concave) and Playa (bold, rectangular)—plus a square rose (D) on PM and PT Series can help create a cohesive look from lobby to unit.See the Performance Series in action at Yankee Security Convention Booth #107 October 24-25 in Springfield, Massachusetts, and DHI Connextions in Fort Worth, Texas, November 5-6.Learn more about the Performance Series or connect with an Allegion expert at commercial.schlage.com/performance.About Allegion At Allegion (NYSE: ALLE), we design and manufacture innovative security and access solutions that help keep people safe where they live, learn, work, and connect. We're pioneering safety with our strong legacy of brands like CISA®, Interflex®, LCN®, Schlage®, SimonsVoss®, Von Duprin®. Our comprehensive portfolio of hardware, software and electronic solutions is sold around the world and spans residential and commercial locks, door closer and exit devices, steel doors and frames, access control and workforce productivity systems. For more, visit www.allegion.com.SOURCE Allegion US WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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