Business
KB HOME REPORTS 2026 FIRST QUARTER RESULTS
KB Home (NYSE: KBH) today reported results for its first quarter ended February 28, 2026.
About this update from Kb Home
[{"type":"text","content":"Revenues of $1.08 Billion; Diluted Earnings Per Share of $.52Repurchased $50.0 Million of Common Stock","length":103,"tagName":"p","attribs":{}},{"type":"text","content":"LOS ANGELES, March 24, 2026 /PRNewswire/ -- KB Home (NYSE: KBH) today reported results for its first quarter ended February 28, 2026.","length":138,"tagName":"p"},{"type":"image","alt":"(PRNewsfoto/KB Home)","displaySize":"","headline":null,"caption":"(PRNewsfoto/KB Home)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":400,"url":"https://media.zenfs.com/en/prnewswire.com/abde400ab60ec2cf4033197f0a6d5a84"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/F6FaNWVdcP6QXjYDQUvv_w--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTcwNQ--/https://media.zenfs.com/en/prnewswire.com/abde400ab60ec2cf4033197f0a6d5a84","width":400,"height":400}},"href":"https://mma.prnewswire.com/media/2857912/KB_Home_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":""With solid traffic in our communities, we generated year-over-year net order growth in our first quarter," said Jeffrey Mezger, Executive Chairman. "In addition, we are now achieving our targeted mix of Built to Order net orders. Our renewed focus on our core Built to Order strategy, combined with an anticipated favorable regional mix of homes delivered, as well as operating leverage from higher delivery volumes, is expected to contribute to stronger financial results in the second half of fiscal 2026."","length":529,"tagName":"p"},{"type":"text","content":""Our teams continued to execute well, particularly in the critical areas of new community openings and build times. We expect to reach our peak community count for the year within the second quarter at the height of the Spring selling season, which enhances our ability to drive net orders," said Robert McGibney, President and Chief Executive Officer. "At the same time, our ongoing success in reducing build times enables us to convert our backlog to deliveries more quickly than we have in many years."","length":525,"tagName":"p"},{"type":"text","content":""Concerns surrounding the conflict in the Middle East have introduced an additional layer of uncertainty for consumers who were already working through numerous challenges. Still, we believe we are well positioned to navigat...