Jeff Mezger

“We are pleased to share our results for our 2025 fourth quarter and fiscal year. It was a year that tested consumers' resilience as they faced various economic and geopolitical issues.”

“In addition to reporting our first quarter results today, we also announced that Rob Dillard will be joining the company as our Executive Vice President and Chief Financial Officer.”

“We are speaking with you today from our corporate office in Westwood. I'd like to start by sharing a few comments on the Southern California fires. Words cannot describe the damage and loss in the areas where the fires have occurred and are ongoing.”

“We achieved double-digit year-over-year growth in revenues and diluted earnings per share in the third quarter. With these results and our expectations for the remainder of this year, we believe we are well positioned to produce about $6.9 billion in revenues in 2024, at a gross margin exceeding 21%.”

“Our performance in the second quarter was solid with key metrics that were above the high end of our guidance ranges. In addition, we achieved positive year-over-year comparisons for both net orders and net order value.”