KB Home says Built to Order nears three-quarters of deliveries
KB Home says it has returned to a predominantly Built to Order model, with BTO homes representing nearly three-quarters of deliveries in fiscal third quarter. The company says the shift helped lift housing gross profit margin sequentially amid housing headwinds.
KB Home said it has reached its goal of returning to a predominantly Built to Order business model, with BTO homes accounting for nearly three-quarters of deliveries in the fiscal third quarter. The company said the shift helped lift housing gross profit margin sequentially, even as the…