Toll Brothers, Inc. (TOL) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to the Toll Brothers second quarter fiscal year 2026 conference call. All participants will be in listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star then one on your telephone keypad. To withdraw your question, please press star, then two. The company is planning to end the call at 9.30 when the market opens. During the Q&A, please limit yourself to one question and one follow-up. Please note this event is being recorded. I would now like to turn the conference over to Doug Yearley, Executive Chairman. Please go ahead. Thank you, Bailey. Good morning. Welcome and thank you all for joining us. With me today are Carl Mistry, Chief Executive Officer, Greg Ziegler, Chief Financial Officer, Rob Parrahouse, President and Chief Operating Officer, and Wendy Marlette, Chief Marketing Officer. We're also joined today by Seth Ring, who will succeed Rob as President and Chief Operating Officer when Rob retires on June 30 and transitions to his new role as a senior advisor to the company. Rob has been an invaluable leader and contributor to the company's growth and transformation over the past 40 years, and I wish him well in his retirement. He has also done a great job of helping to mentor the next generation of leadership, working closely with Seth to prepare him for his new role. Seth is a proven leader and industry veteran who, in his own right, with over 20 years of experience with the company, is just terrific. He is the perfect successor to Rob, and I'm excited to watch as he partners with Carl and Greg to help lead this company into the future. During today's ca...