KB Home's Sales, Orders Disappoint

January 2010
American Banker;1/13/2010, Vol. 175 Issue 7, p11
Trade Publication
The article reports that KB Home of Los Angeles, California, reported weaker-than-expected orders and sales in its fiscal fourth quarter, which ended on November 30, 2009. The company builds homes and sells them to first-time buyers. It made a profit of $100.7 million, but revenue dropped 27 percent.


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