Beazer Homes USA, Inc. Reports August Home Orders
New Orders (Units) for the Month Ended August 31,
Beazer Crossmann Total Beazer %
2002 2002 2002 2001 Change
Southeast 310 127 437 315 38.7%
West 414 --- 414 335 23.6%
Central 118 --- 118 92 28.3%
Mid-Atlantic 102 --- 102 116 -12.1%
Midwest --- 321 321 --- n/a
Total 944 448 1,392 858 62.2%
New Orders (Units) for the Two Months Ended August 31,
Beazer Crossmann Total Beazer %
2002 2002 2002 2001 Change
Southeast 599 234 833 587 41.9%
West 778 --- 778 642 21.2%
Central 246 --- 246 202 21.8%
Mid-Atlantic 195 --- 195 236 -17.4%
Midwest --- 603 603 --- n/a
Total 1,818 837 2,655 1,667 59.3%
New orders for the one-month and two-month periods ended August 31, 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 August 31, 2001, including Crossmann's orders would have been
1,141 and 2,385 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