Beazer Homes USA, Inc. Reports July Home Orders
New Orders (units) for the Month Ended July 31,
Beazer Crossmann Total Beazer %
2002 2002 2002 2001 Change
Southeast 289 107 396 272 45.6%
West 364 --- 364 307 18.6%
Central 128 --- 128 110 16.4%
Mid-Atlantic 93 --- 93 120 -22.5%
Midwest --- 282 282 --- n/a
Total 874 389 1,263 809 56.1%
New orders for the month ended July 31, 2002, include orders from Crossmann
Communities, Inc., which Beazer acquired effective April 2002. On a pro forma
basis, new orders for the month ended July 31, 2001, including Crossmann's
orders would have been 1,244.
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