TITLE

KB Home's Sales, Orders Disappoint

PUB. DATE
January 2010
SOURCE
American Banker;1/13/2010, Vol. 175 Issue 7, p11
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
47525862

 

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