{"schema_version":"secwatch.filing_event.v1","accession":"0000795266-23-000033","form_type":"8-K","ticker":"KBH","cik":"0000795266","company_name":"KB HOME","filed_at":"2023-03-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.108342+00:00","generated_at":"2026-06-17T21:52:13.622142+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"KB Home Q1 EPS $1.45 flat YoY; revenues $1.38B; new $500M buyback authorized","bullets":["Net income $125.5M (down 7% YoY); diluted EPS $1.45 flat YoY; revenues $1.38B essentially flat.","Homebuilding operating income margin 11.4% (down from 12.2%); housing gross margin 21.5% (down 90 bps).","Net orders 2,142 (down 49% YoY); cancellation rate 36% (vs 11% prior year, improved from 68% sequentially).","Board authorized $500M stock repurchase, replacing prior authorization with $75M remaining.","FY 2023 guidance: housing revenues $5.2B-$5.9B; operating margin 10-11%; avg community count up low double-digit %."],"urls":{"canonical":"https://secwatch.observer/filing/0000795266-23-000033","json":"https://secwatch.observer/filing/0000795266-23-000033.json","markdown":"https://secwatch.observer/filing/0000795266-23-000033.md","text":"https://secwatch.observer/filing/0000795266-23-000033.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/795266/000079526623000033/0000795266-23-000033-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/795266/000079526623000033/kbh-20230322.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T21:52:13.622142+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":"5e4a89c38b6571b2690e87ff9dbdbd81d1535abd","claim":"KB HOME reported three months ended February 28, 2023 results: revenue Total Revenues of $1.38 Billion, net income Net Income of $125.5 Million, EPS Diluted Earnings Per Share of $1.45. Guidance initiated.","evidence_excerpt":"KB HOME REPORTS 2023 FIRST QUARTER RESULTS Total Revenues of $1.38 Billion Net Income of $125.5 Million; Diluted Earnings Per Share of $1.45","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/795266/000079526623000033/0000795266-23-000033-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended February 28, 2023"},{"label":"Revenue","value":"Total Revenues of $1.38 Billion"},{"label":"Net income","value":"Net Income of $125.5 Million"},{"label":"EPS","value":"Diluted Earnings Per Share of $1.45"},{"label":"Guidance","value":"initiated"},{"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"}