Vmbook Online ordering
Icons
I'm happy to help you with a general overview of a publicly-traded company related to the homebuilding industry. A well-known company in this sector is Toll Brothers, which trades on the New York Stock Exchange under the ticker symbol "TOL."
Toll Brothers is a luxury home builder based in Horsham, Pennsylvania. They operate in 24 states across the United States, primarily focusing on move-up, empty-nester, and second-home buyers. Toll Brothers has a diverse range of products, including townhomes, condominiums, single-family detached homes, and active adult communities.
Earnings:
Toll Brothers typically releases its quarterly earnings reports in December, February, May, and August. Their fiscal year ends on October 31. For the latest financial information, it's best to visit their investor relations website at
* Net signed contracts: $2.63 billion (up 17% year-over-year)
* Homebuilding deliveries: 2,467 units (down 1% year-over-year)
* Homebuilding revenue: $2.43 billion (up 2% year-over-year)
* Gross margin on homebuilding: 25.2%
Growth:
Toll Brothers has been expanding its presence through strategic land acquisitions and new community developments, focusing on high-growth regions across the United States. In terms of product mix, Toll Brothers has added more affordable offerings to cater to a wider range of buyers, especially first-time homebuyers. They have also been focusing on their urban development and rental businesses.
It's important to note that past performance does not guarantee future results, and any investment decisions should be based on thorough research and advice from a financial advisor. I hope this general information about Toll Brothers gives you a good starting point for understanding the house-building sector. If you have any further questions or need clarification, please let me know!