KB Home expects 2026 housing gross margin of 16.0%-16.2%
KB Home (KBH) expects 2026 housing gross profit margin of 16.0% to 16.2%, assuming no inventory-related charges.
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08:36:21 PM UTC
SquawkNews
By Katherine HamiltonKB Home lowered its outlook for housing gross profit margin, as the company is seeing conditions in the housing industry continue to worsen.The homebuilder said Tuesday it now expects annual gross profit margin to be 16.0% to 16.2%, down from its earlier guidance of 16.1% to 16…