Beazer Homes USA, Inc. Reports September Home Orders
New Orders (Units) for the Month Ended September 30, Beazer Crossmann Total Beazer % 2002 2002 2002 2001 Change Southeast 262 90 352 269 30.9% West 397 --- 397 225 76.4% Central 81 --- 81 83 -2.4% Mid-Atlantic 68 --- 68 96 -29.2% Midwest --- 178 178 --- n/a Total 808 268 1,076 673 59.9% New Orders (Units) for the Quarter Ended September 30, Beazer Crossmann Total Beazer % 2002 2002 2002 2001 Change Southeast 861 324 1,185 856 38.4% West 1,175 --- 1,175 867 35.5% Central 327 --- 327 285 14.7% Mid-Atlantic 263 --- 263 332 -20.8% Midwest --- 781 781 --- n/a Total 2,626 1,105 3,731 2,340 59.4%New orders for the month and quarter ended September 30, 2002, include orders from Crossmann Communities, Inc., which Beazer acquired effective April 17, 2002. On a pro forma basis, new orders for the month and quarter ended September 30, 2001, including Crossmann's orders would have been 901 and 3,286 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.
SOURCE Beazer Homes USA, Inc.
CONTACT: David S. Weiss, Executive Vice President and Chief Financial Officer of Beazer Homes USA, Inc., +1-404-250-3420, or dweiss@beazer.com URL: http://www.beazer.com http://www.prnewswire.com