Legacy Housing Corporation (LEGH) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, thank you for standing by. Welcome to Legacy Housing Corporation's second quarter 2025 earnings call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. And to ask a question during the session, you would need to press star 11 on your telephone. You will then hear an automated message about your hand is raised. And to withdraw your question, please press star 11. Please be advised that today's conference is being recorded. I would like now to turn the conference over to Duncan Bates, President and Chief Executive Officer. Please go ahead, sir. Good morning. This is Duncan Bates, Legacy's President and CEO. Thank you for joining our second quarter 2025 conference call. Max Africk, Legacies General Counsel, will read the Harbor disclosure before getting started. Max. Thanks, Duncan. Before we begin, I'll remind our listeners that management's prepared remarks today may contain forward-looking statements, which are subject to risks and uncertainties, and management may make additional forward-looking statements and or some questions. Actual results may differ from management's current Thanks, Max. I'm joined today by Jeff Feumann, Legacy's Chief Financial Officer. Jeff will discuss our second quarter financial performance, then I will provide additional corporate updates and open the call for Q&A. Thanks, Duncan. Our sales primarily consist of direct sales, commercial sales, inventory finance sales, and retail store sales. Product sales increased 6.7 million, or 21.3%, during the three months ended June 30, 2025, as compared to the same period in 2024. This increase was driven by an increase in unit volume shipped, primarily in inventory finance sales, retail sale...