M/I Homes, Inc. (MHO) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for standing by. My name is Perla and I will be your conference operator today. At this time, I would like to welcome everyone to the MI Homes Second Quarter Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. And if you would like to ask a question during this time, please press the star followed by the number one on your telephone keypad. And if you would like to withdraw your question, please press the star again. Thank you. I would now like to turn the conference over to Phillip Creek. You may begin. Thank you. Joining me on the call today is Bob Schottenstein, our CEO and President, and Derek Klutch, President of our mortgage company. First, to address regulation fair disclosure, we encourage you to ask any questions regarding issues that you consider material during this call because we are prohibited from discussing significant non-public items with you directly. and as to forward-looking statements, I want to remind everyone that the cautionary language about forward-looking statements contained in today's press release also applies to any comments made during this call. Also be advised that the company undertakes no obligation to update any forward-looking statements made during this call. I'll now turn the call over to Bob. Thanks, Phil. Good morning and thank you for joining us today. We are pleased to report solid second quarter and first six month results. Despite continued challenges in the broader economy, choppy demand, economic uncertainty, rising interest rates, and the impact of the conflict in the Middle East, we are very proud of our results. For the second quarter, we sold a second quarter record 2,387 homes, 15% better t...