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Built-to-Order Pivot Accelerates, Underpinning Guidance for Steep Second-Half Margin Ramp
FY2026 Q2 | Jun 25, 2026
Full-Year Outlook Lowered as Strategic BTO Pivot Confronts Increased Market Uncertainty
FY2026 Q1 | Mar 26, 2026
Near-Term Margin Trough Expected as Built-to-Order Pivot Accelerates; Full-Year 2026 Revenue Guidance Signals Contraction
FY2025 Q4 | Dec 22, 2025
Full-Year Revenue Guidance Lowered as Strategic Pivot to Built-to-Order Model Intensifies Amid Accelerated Share Repurchases
FY2025 Q3 | Nov 23, 2025
Full-Year Outlook Lowered on Softening Demand as Company Pivots Capital from Land to Share Repurchases
FY2025 Q2 | Nov 23, 2025
Full-Year Outlook Cut as Muted Spring Demand Forces Strategic Pricing Reset
FY2025 Q1 | Nov 23, 2025
FY25 Revenue Guidance Calibrated to $7.25B Midpoint Amid Record Land Investment and Strategic Shift to Optioned Lots
FY2024 Q4 | Nov 23, 2025
FY2025 Revenue Target Set at $7.5B Amid Accelerated Land Investment and Share Buybacks
FY2024 Q3 | Nov 23, 2025
Guidance Raised on Strong Q2 Execution as Land Investment Accelerates to Secure Pipeline Through 2026
FY2024 Q2 | Nov 23, 2025
Net Orders Surge 55% as Land Investment Accelerates and Full-Year Guidance Is Raised
FY2024 Q1 | Nov 23, 2025
Build Times Cut by 3 Months, Fueling $1.1B Operating Cash Flow and Aggressive Share Repurchases
FY2023 Q4 | Nov 22, 2025
FY23 Outlook Raised on Q3 Outperformance; Initial 2024 Guidance Targets Revenue Growth and 15% Community Count Expansion
FY2023 Q3 | Nov 21, 2025
Full-Year Revenue and Margin Guidance Raised Amid Sustained Demand and Operational Gains
FY2023 Q2 | Nov 21, 2025
Demand Rebounds and Full-Year Guidance Reinstated as Market Stabilizes; New $500M Share Buyback Authorized
FY2023 Q1 | Nov 21, 2025
Net Orders Plunge 80% as Strategic Pivot to Aggressive Pricing Prompts Lower Margin Outlook
FY2022 Q4 | Nov 21, 2025
Market Downturn Drives 50% Net Order Decline and Spike in Cancellations, Prompting a 29% Cut in Land Spend
FY2022 Q3 | Nov 21, 2025
Profitability Expands and FY22 Guidance Reaffirmed as Company Navigates Moderating Demand Environment
FY2022 Q2 | Nov 21, 2025
Record Backlog and Pricing Power Drive Higher Full-Year Margin Guidance Despite Q1 Production Delays
FY2022 Q1 | Nov 21, 2025
FY2022 Guidance Targets ~26% Gross Margin and Over 26% ROE as Multi-Year Transformation Concludes
FY2021 Q4 | Nov 21, 2025
Built-to-Order Pivot Accelerates, Underpinning Guidance for Steep Second-Half Margin Ramp
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