Beazer Homes USA, Inc. Reports November Home Orders (Revised)
ATLANTA, Dec. 4 /PRNewswire-FirstCall/ -- Beazer Homes USA, Inc. (NYSE: BZH) (www.beazer.com ) yesterday released preliminary unit net orders for November 30, 2002. While the totals for the two months ended November 30, 2002 were correct, amounts reported for the Southeast region and the Mid- Atlantic region for that period included a reclassification. Below are the corrected figures. All amounts reported for the month ended November 30, 2002 were correct.
For the Month Ended November 30, % 2002 2001 Change Southeast 380 293 29.7% West 340 350 -2.9% Central 88 86 2.3% Mid-Atlantic 94 103 -8.7% Midwest 206 0 n/a Total 1,108 832 33.2% New Orders (Units) For the Two Months Ended November 30, % 2002 2001 Change Southeast 733 646 13.5% West 712 674 5.6% Central 179 143 25.2% Mid-Atlantic 292 224 30.4% Midwest 412 0 n/a Total 2,328 1,687 38.0%
New orders for the one-month and two-month periods ended November 30, 2002, include orders from Crossmann Communities, Inc., which Beazer acquired effective April 17, 2002. On a pro forma basis, new orders for the one-month and two-month periods ended November 30, 2001, including Crossmann's orders would have been 1,142 and 2,316 respectively.
Beazer Homes USA, Inc., based in Atlanta, Georgia, is one of the country's ten largest single-family homebuilders with operations in Arizona, California, Colorado, Florida, Georgia, Indiana, Kentucky, Maryland, Mississippi, Nevada, New Jersey, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Texas and Virginia. Beazer Homes also provides mortgage origination and title services to its homebuyers.
Contact: | David S. Weiss |
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Executive Vice President & Chief Financial Officer | |
(404) 250-3420 | |
dweiss@beazer.com |