{"schema_version":"secwatch.filing_event.v1","accession":"0000794170-23-000039","form_type":"8-K","ticker":"TOL","cik":"0000794170","company_name":"Toll Brothers, Inc.","filed_at":"2023-05-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.246235+00:00","generated_at":"2026-06-14T17:40:01.946075+00:00","sec_items":["2.02","9.01","99.1"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Toll Brothers Q2 net income $320.2M, EPS $2.85 beats; raises FY guidance","bullets":["Net income $320.2M ($2.85 diluted EPS) vs $220.6M ($1.85) YoY; home sales rev $2.49B +14%.","Net signed contracts $2.28B (-26% YoY); backlog $8.38B (-28%) reflecting slower demand.","Adjusted home sales gross margin 28.3% vs 26.1% YoY; SG&A down to 9.1% of rev from 11.1%.","Raises FY2023 guidance for deliveries, avg price, and gross margin; quarterly dividend raised 5% to $0.21.","Repurchased 1.4M shares ($83.8M); retired $400M senior notes; net debt-to-cap 23.5%."],"urls":{"canonical":"https://secwatch.observer/filing/0000794170-23-000039","json":"https://secwatch.observer/filing/0000794170-23-000039.json","markdown":"https://secwatch.observer/filing/0000794170-23-000039.md","text":"https://secwatch.observer/filing/0000794170-23-000039.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/794170/000079417023000039/0000794170-23-000039-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/794170/000079417023000039/tol-20230523.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T17:40:01.946075+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3e89e0aaef5cdb18cb0c0c6a9bfe16496c6e72d4","claim":"Toll Brothers, Inc. reported its second quarter ended April 30, 2023 results: revenue $2.5 billion, net income $320.2 million, EPS $2.85 per share diluted. Guidance raised.","evidence_excerpt":"and $1.85 per share diluted in FY 2022’s second quarter. • Pre-tax income was $430.6 million, compared to $295.8 million in FY 2022’s second quarter. • Home sales revenues were $2.5 billion, up 14% compared to FY 2022’s second quarter; delivered homes were 2,492, up 4%. • Net signed contract value was $2.3 billion, down 26% compared to FY 2022’s second quarter;","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/794170/000079417023000039/0000794170-23-000039-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"its second quarter ended April 30, 2023"},{"label":"Revenue","value":"$2.5 billion"},{"label":"Net income","value":"$320.2 million"},{"label":"EPS","value":"$2.85 per share diluted"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}