财务数据和关键指标变化 - 产品销售收入同比下降28.8%,主要是直销、移动房屋园区销售和库存融资销售类别的销量下降 [7] - 人均产品销售收入下降,主要是产品组合转向较小型号以及向移动房屋园区客户大量销售二手房导致平均价格下降 [8] - 消费者、移动房屋园区和经销商贷款利息收入同比增长38%,主要是贷款组合规模增长 [8] - 其他收入同比下降3.1%,主要是经销商融资费用和商业租赁收入下降 [9] - 产品销售成本同比下降29.3%,与销量下降相匹配 [9] - 销售、一般及管理费用同比增加8.8%,主要是保修成本、法律费用和专业费用上升 [10] - 其他收支净额同比增加29.9%,主要是非经营性利息收入增加 [11] - 净利润同比下降7%,每股收益同比下降7.5% [11] - 截至2024年3月31日,公司现金余额为0.6百万美元,较2023年12月31日的0.7百万美元有所下降 [12] - 截至2024年3月31日,公司账面净值每股为18.46美元,较2023年同期增长13.1% [12] 各条业务线数据和关键指标变化 - 直销、移动房屋园区销售和库存融资销售类别的销量下降,但公司自有零售店销售有所增加 [7] - 移动房屋园区贷款组合规模增长28.2百万美元,消费者贷款组合增长17.9百万美元,经销商融资贷款增长2.1百万美元 [8] 各个市场数据和关键指标变化 - 经销商销售受季节性影响在第一季度有所下降,但2月底开始加速,但重订单率仍低于预期 [14] - 公司自有零售店销售正在改善 [14] - 移动房屋园区业务受高利率影响较为缓慢,并导致并购交易和新开发项目放缓 [15] - 公司正在通过销售较小型号(400-600平方英尺)的微型房屋和小型单宽房屋来推动园区销售,并提供融资支持 [16] 公司战略和发展方向及行业竞争 - 公司正在积极回购股票,已回购26万股,占之前批准的10亿美元回购计划的54% [18][19] - 公司正在加强团队建设,并评估土地开发项目的出售或合作机会,以实现资产价值的释放 [21] - 公司正在密切关注产品毛利率,并通过提高生产效率来维持毛利率水平 [17] - 公司正在调整产品组合,加大销售较小型号的房屋,以应对当前的房地产市场环境 [44][45] - 公司面临较小型号房屋价格竞争,但正在通过销售优惠等措施来保持竞争力 [57][58] 管理层对经营环境和未来前景的评论 - 公司认为当前的房地产市场环境仍然较为疲软,但正在逐步改善 [14][20] - 公司将继续密切关注产品毛利率,并通过提高生产效率来维持毛利率水平 [17] - 公司对未来发展持谨慎乐观态度,预计2024年全年销量将好于2023年 [45] - 公司将继续积极回购股票,以应对股价低于内在价值的情况 [20] 问答环节重要的提问和回答 问题1 **Alex Rygiel 提问** 询问第二季度销量是否会有所改善 [27] **Duncan Bates 回答** 公司目前正在大量发货,第二季度销量有望改善 [28] 问题2 **Mark Smith 提问** 询问移动房屋园区贷款组合中存在问题的贷款情况 [36] **Duncan Bates 回答** 公司正在积极应对一名长期客户的大额拖欠贷款,正在采取措施保护公司的抵押品和权益 [37][38][39][40][41][42] 问题3 **Jay McCanless 提问** 询问产品销售价格和产品组合的变化情况 [53] **Duncan Bates 回答** 公司产品销售仍以较小型号为主,但公司正在通过销售优惠等措施来保持竞争力,并希望通过提高产量来提升制造效率 [54][55][57][58]

Legacy Housing (LEGH) reported $43.24 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 18.2%. EPS of $0.60 for the same period compares to $0.65 a year ago.The reported revenue represents a surprise of +13.59% over the Zacks Consensus Estimate of $38.07 million. With the consensus EPS estimate being $0.36, the EPS surprise was +66.67%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall S ...

Legacy Housing (LEGH) came out with quarterly earnings of $0.60 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.65 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 66.67%. A quarter ago, it was expected that this mobile home manufacturing company would post earnings of $0.77 per share when it actually produced earnings of $0.28, delivering a surprise of -63.64%.Over the last f ...

Washington, D.C. 20549 FORM 10-Q Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-38761 Legacy Housing Corporation (Exact name of registrant as specified in its charter) Texas 20-2897516 ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (State or other ...

BEDFORD, Texas, April 30, 2024 (GLOBE NEWSWIRE) -- Legacy Housing Corporation (("Legacy" or the "Company", NASDAQ:LEGH) will release its financial results for the first quarter ended March 31, 2024 after markets close on Thursday, May 9, 2024. The Company will host a conference call at 10:00 a.m. Central Time on Friday, May 10, 2024. To access the conference call, please pre-register using this link. Registrants will receive confirmation with dial-in details. A live webcast of the call can be accessed usi ...

BEDFORD, Texas, April 30, 2024 (GLOBE NEWSWIRE) -- Legacy Housing Corporation (“Legacy” or the “Company”, NASDAQ: LEGH) will release its financial results for the first quarter ended March 31, 2024 after markets close on Thursday, May 9, 2024. The Company will host a conference call at 10:00 a.m. Central Time on Friday, May 10, 2024. To access the conference call, please pre-register using this link. Registrants will receive confirmation with dial-in details. A live webcast of the call can be accessed usi ...

Legacy Housing Corp.(NASDAQ:LEGH)的股价走势 - LEGH股价在分析师下调评级后急剧下跌[3] - 分析师对LEGH的股价走势持谨慎态度，建议投资者关注[9] Legacy Housing的财务表现 - Legacy Housing的贷款组合表现良好，利息收入增长[4] - 公司的利润和估值指标大多保持健康[8] Legacy Housing的发展计划 - 公司计划扩大公司自有店铺和增加融资产品[6] - Legacy Housing拥有大量土地，计划利用制造房屋公园潮流[7] Legacy Housing的市场情况 - Legacy Housing在2023年面临高库存问题，但订单流量逐渐恢复[5] - Legacy Housing Corp.(NASDAQ:LEGH)在房屋行业低迷时期仍保持关注[1]

Operator Selling, general and administrative expenses decreased $3.3 million or 11.9% in 2023 as compared to 2022. This decrease was primarily due to a decrease in salaries and benefits costs, warranty costs, consulting and professional fees, partially offset by an increase in loan loss provision legal expenses and marketing and advertising expenses. Net income decreased 19.6% to $54.5 million between December 31, 2023 and December 31, 2022. Two important data points. Right now, interest from new dealers an ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ⌧ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ◻ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to ________ Commission file number 001-38761 Legacy Housing Corporation (Exact Name of Registrant as Specified in its Charter) Securiti ...

Duncan Bates Tim Moore Yes. Jay, 2023 was a pretty hard year for the independent dealers. I mean, you come off of just the market absolutely going gangbusters in 2022 up until the end of the year and backlogs being stretched out. So, when they were selling a lot of homes, they were ordering a lot of homes, but they weren't able to get those immediately. One moment for our next question. Our next question comes from Tim Moore with EF Hutton. Your line is open. Tim Moore Thanks, and congratulations on the con ...