Image source: The Motley Fool. Wednesday, Aug. 6, 2025, at 8:30 a.m. ET CALL PARTICIPANTS Chief Executive Officer — Timothy Mark Larson Executive Vice President and Chief Financial Officer — Laurie M. Hough TAKEAWAYS Net Sales -- $701 million, an increase of 12%, driven by higher unit sales and channel growth. -- $701 million, an increase of 12%, driven by higher unit sales and channel growth. Hom...
Image source: The Motley Fool. Wednesday, Aug. 6, 2025, at 8:30 a.m. ET CALL PARTICIPANTS Chief Executive Officer — Timothy Mark Larson Executive Vice President and Chief Financial Officer — Laurie M. Hough TAKEAWAYS Net Sales -- $701 million, an increase of 12%, driven by higher unit sales and channel growth. -- $701 million, an increase of 12%, driven by higher unit sales and channel growth. Homes Sold -- 7,215 total homes sold companywide, up 8%, with U.S. homes sold rising 7% to 6,965 units. -- 7,215 total homes sold companywide, up 8%, with U.S. homes sold rising 7% to 6,965 units. U.S. Factory-Built Housing Revenue -- Up 10%, with sequential growth of 18% compared to the prior quarter, driven by seasonality and deferred Q4 shipments. -- Up 10%, with sequential growth of 18% compared to the prior quarter, driven by seasonality and deferred Q4 shipments. Average Selling Price (ASP) per U.S. Home -- Increased 4% to $95,000, attributed to a shift toward multi-section units and pricing at company-owned retail stores. -- Increased 4% to $95,000, attributed to a shift toward multi-section units and pricing at company-owned retail stores. Canadian Operations -- $30 million revenue, with a 50% increase in homes sold, offset by a 3% decline in ASP to $120,500 due to mix shift. -- $30 million revenue, with a 50% increase in homes sold, offset by a 3% decline in ASP to $120,500 due to mix shift. Manufacturing Backlog -- $302 million at quarter-end, down 12% sequentially, with average lead time at 7 weeks, within target range. -- $302 million at quarter-end, down 12% sequentially, with average lead time at 7 weeks, within target range. Gross Profit -- $190 million, up 16%, with consolidated gross margin expanding 90 basis points to 27.1% from 26.2%, and sequentially outpacing expectations due to lower material costs and favorable retail pricing. -- $190 million, up 16%, with consolidated gross margin expanding 90 basis points to 27.1% from 26.2%, and sequentially outpacing...