Smith Douglas Homes(SDHC) - 2023 Q4 - Annual Results
Smith Douglas Homes(SDHC)2024-03-26 05:30
Exhibit 99.1 Smith Douglas Homes Reports Full Year 2023 Results ATLANTA, March 19, 2024 (Business Wire) – Smith Douglas Homes Corp. (NYSE: SDHC) ("Smith Douglas" or the "Company") today announced results for its year ended December 31, 2023. 2023 Full Year Results as compared to 2022: The Company had 69 active communities on December 31, 2023, compared to 53 a year prior. The cancellation rate was 10.5% for 2023 versus 10.9% for 2022. Greg Bennett, Vice Chairman and Chief Executive Officer, commented, "We a ...