D.R. Horton, Inc. (DHI) Q2 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.776 Good morning and welcome to the second quarter 2025 earnings conference call for Dior 00:00:04.776 -- 00:00:09.421 Horton, America's builder. At this time, all participants are in a listen-only mode. 00:00:09.421 -- 00:00:13.045 A question and answer session will follow the formal presentation. 00:00:13.045 -- 00:00:16.349 If anyone should require operator assistance during the conference, please press star 00:00:16.349 -- 00:00:20.773 zero on your telephone keypad. Please note this conference is being recorded. 00:00:20.773 -- 00:00:26.039 I will now turn the call over to Jessica Hansen, Senior Vice President of Communications 00:00:26.039 -- 00:00:28.322 for Dior Horton. 00:00:28.322 -- 00:00:32.153 Thank you, Paul, and good morning. Welcome to our call to discuss our financial results 00:00:32.153 -- 00:00:34.876 for the second quarter of fiscal 2025. 00:00:34.876 -- 00:00:38.720 Before we get started, today's call includes forward-looking statements as defined by 00:00:38.720 -- 00:00:42.144 the Private Securities Litigation Reform Act of 1995. 00:00:42.144 -- 00:00:45.648 Although D.R. Horton believes any such statements are based on reasonable assumptions, 00:00:45.648 -- 00:00:49.472 there is no assurance that actual outcomes will not be materially different. 00:00:49.472 -- 00:00:52.536 All forward-looking statements are based upon information available to D.R. 00:00:52.536 -- 00:00:54.818 Horton on the date of this conference call, and D.R. 00:00:54.818 -- 00:00:59.324 Horton does not undertake any obligation to publicly update or revise any forward-looking 00:00:59.324 -- 00:01:03.363 statements. Additional information about factors that could lead to material changes 00:01:03.363 -- 00:01:08.449 in performance is contain...