LGI Homes Boosts Home Closings in September 2024 Performance Update
LGI Homes Sees Growth in September 2024 Home Closings
LGI Homes, Inc. (NASDAQ: LGIH), has shared impressive news from September 2024 with a notable performance in home closings. The company finished the month with 579 closed homes, marking a commendable 7.2% increase compared to the previous year. This brings the total home closings for the third quarter of 2024 to an impressive 1,757.
Active Selling Communities and Future Earnings
By the end of September 2024, LGI Homes had 138 active selling communities operational. This extensive network enables the company to cater to a growing demand for homes across numerous markets, significantly impacting its sales figures.
Upcoming Earnings Conference Call
The company has announced its plans to release the financial results for the third quarter on an upcoming Tuesday, with timing set for 12:30 p.m. Eastern Time. This session will cover the company's results ending September 30, 2024, and aims to provide shareholders and interested parties with in-depth insights into their performance.
About LGI Homes, Inc.
Based in The Woodlands, Texas, LGI Homes continues to lead in the homebuilding sector with a unique and efficient approach to constructing and marketing homes. Since its establishment in 2003, the company has successfully closed over 70,000 homes and has consistently achieved a profitable status, reflecting its strong business model and commitment to quality.
Innovative Operating Model
LGI Homes employs an innovative approach that emphasizes customer satisfaction and quality construction. Recognized for its high standards, the company has earned accolades including a spot on Newsweek's list of the World's Most Trustworthy Companies.
Commitment to Employees and Community
The company's dedication extends to its workforce of over 1,000 employees, fostering an environment that has led to numerous workplace awards, including recognition as a Top Workplace in 2024. This commitment reflects LGI Homes' vision of not only creating homes but also a positive work environment.
Contact Information for Further Inquiries
For additional information on LGI Homes, interested parties can reach out to:
Joshua D. Fattor
Executive Vice President, Investor Relations and Capital Markets
(281) 210-2586
investorrelations@lgihomes.com
Frequently Asked Questions
What were the home closing statistics for LGI Homes in September 2024?
LGI Homes closed 579 homes in September 2024, showing a 7.2% year-over-year increase.
When will LGI Homes release its third quarter financial results?
The company plans to release its third quarter financial results on November 5, 2024.
How many active selling communities does LGI Homes have?
As of September 30, 2024, LGI Homes had 138 active selling communities.
What accolades has LGI Homes received?
LGI Homes has been recognized on Newsweek's list of the World’s Most Trustworthy Companies and has received various workplace awards.
Who can I contact for investor relations at LGI Homes?
Contact Joshua D. Fattor at (281) 210-2586 or via email at investorrelations@lgihomes.com.
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