LGI Homes Reports First Quarter 2024 Results THE WOODLANDS, Texas, April 30, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced financial results for the three months ended March 31, 2024. First Quarter 2024 Highlights Home sales revenues of $390.9 millionHome closings of 1,083Average sales price per home closed of $360,897Gross margin as a percentage of home sales revenues of 23.4%Adjusted gross margin (non-GAAP) as a percentage of home sales revenues of 25.3%Net income before income taxes of $23.1 millionNet income of $17.1 million, or $0.72 basic EPS and $0....
LGI Homes Opens its First Community in St. Cloud, Minnesota Market MINNEAPOLIS, April 16, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced that it has opened in the St. Cloud, Minnesota market with its new community, . Homeowners will enjoy the charm of small-town living paired with quick and convenient access to incredible big-city amenities. “We are excited to be in the St. Cloud market for the first time with our Parkside community located just 15 minutes from downtown St. Cloud. We offer customers brand-new, affordable homes with easy access to both St. C...
LGI Homes Reports March and First Quarter 2024 Home Closings and Announces Date for First Quarter Earnings Conference Call THE WOODLANDS, Texas, April 03, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 482 homes in March 2024. The Company closed 1,083 homes during the first quarter of 2024. As of March 31, 2024, the Company had 120 active selling communities. The Company will release financial results for the first quarter ended March 31, 2024, before the market opens on Tuesday, April 30, 2024 and will hold a conference call at 12:30 p.m. Eastern ...
LGI Homes Named a Top Workplace for the Fourth Consecutive Year THE WOODLANDS, Texas, April 02, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: LGIH), one of the nation’s largest and most recognized homebuilders, announced today that it received the 2024 Top Workplace USA award issued by and USA Today. This is LGI Homes’ 4th consecutive year to receive this distinction. “It is a tremendous honor to be recognized as a 2024 Top Workplace USA for the fourth consecutive year,” said Eric Lipar, Chairman and Chief Executive Officer of LGI Homes. “At LGI Homes, we are focused on maintaining a positive envi...
LGI Homes Awarded Prestigious 2-10 Home Buyers Warranty Platinum Builder Award for Outstanding Leadership in New Construction THE WOODLANDS, Texas, March 27, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: LGIH), one of the nation’s largest and most recognized homebuilders, announced today that they have been awarded the prestigious Platinum Builder Award by 2-10 Home Buyers Warranty, recognizing their exceptional leadership, innovation, and excellence in new construction throughout 2023. This marks the Company’s sixth consecutive year securing this accolade. LGI Homes’ commitment to quality, craft...
LGI Homes, Inc. Reports February 2024 Home Closings THE WOODLANDS, Texas, March 05, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 376 homes in February 2024. As of February 29, 2024, the Company had 117 active selling communities. About LGI Homes, Inc. Headquartered in The Woodlands, Texas, LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes across 36 markets in 21 states. As one of America’s fastest growing companies, LGI Homes has ...
Terrata Homes Expands Presence with A New Community in Seattle SEATTLE, March 04, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: LGIH) announced Terrata Homes, the company’s luxury brand, is now selling homes in its newest community in the Seattle, Washington market, . This new neighborhood provides homebuyers with a variety of upgraded homes highlighting spacious layouts and modern finishes. Terrata Homes at Skyway Village is offering three brand-new home designs that have been carefully curated to fit the wants and needs of today’s homebuyer. Constructed with meticulous attention to detail, all th...
LGI Homes Introduces its Newest Community in the Atlanta Market New Homes near Lawrenceville Starting in the $380s ATLANTA, March 01, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: LGIH) today announced its newest community in the Atlanta market, , offering gorgeous new-construction homes in an exceptional Lawrenceville neighborhood. Ideally located, the new community of Bold Springs Farm offers an abundance of activity. Families can spend their weekends fishing out in the neighborhood pond or enjoying a picnic at the on-site picnic area. In addition, the playground, pickleball court, and basketba...
LGI Homes Opens New Community in the Raleigh Market OXFORD, N.C., Feb. 29, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: LGIH) proudly announces the opening of The Meadows at Oxford, a new community offering brand-new, single-family homes in historic Oxford, NC. features a collection of thoughtfully designed homes that range in size from 1,182 square feet to 2,025 square feet with three to four bedrooms and two to two-and-a-half bathrooms. Every new home at The Meadows at Oxford offers a spacious family room, fully equipped kitchen, generously sized bedrooms, a finished two-car garage and an arr...
LGI Homes Announces its First Community in the Modesto Market NEWMAN, Calif., Feb. 27, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced the opening of its first community in the Modesto, California market, . This incredible community offers a brand-new lineup for one and two-story homes and is located south of Modesto in the friendly town of Newman. Floor plans at range from a spacious 3-bedroom home with a large family room to a beautiful 5-bedroom home with a covered porch and game room. Every home comes complete with LGI Homes’ interior package. A full suite o...
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