{"schema_version":"secwatch.filing_event.v1","accession":"0000795266-23-000073","form_type":"8-K","ticker":"KBH","cik":"0000795266","company_name":"KB HOME","filed_at":"2023-06-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.250254+00:00","generated_at":"2026-06-13T20:24:31.292868+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"KB Home Q2 revenue $1.77B, EPS $1.94; net orders improve; FY guidance reaffirmed","bullets":["Revenue $1.77B (+3% YoY), diluted EPS $1.94 (down from $2.32 YoY).","Net orders 3,936 (+1% YoY), sequential improvement from -49% in Q1; cancellation rate 22% vs 17%.","Homebuilding operating income margin 11.5% (ex-charges 11.7%), down 380 bps; housing gross margin 21.1% (ex-charges 21.4%).","Repurchased 2.2M shares for $92M; book value per share $46.72 (+24% YoY).","FY 2023 guidance: housing revenue $5.8B-$6.2B, housing gross margin ~21.2%, avg community count up ~10%."],"urls":{"canonical":"https://secwatch.observer/filing/0000795266-23-000073","json":"https://secwatch.observer/filing/0000795266-23-000073.json","markdown":"https://secwatch.observer/filing/0000795266-23-000073.md","text":"https://secwatch.observer/filing/0000795266-23-000073.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/795266/000079526623000073/0000795266-23-000073-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/795266/000079526623000073/kbh-20230621.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T20:24:31.292868+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":"01cadefc34d79a439562899bb4cf63786a888fd1","claim":"KB HOME reported the six months ended May 31, 2023 results: revenue $3.15 billion, net income $289.9 million, EPS $3.38.","evidence_excerpt":"Six Months Ended May 31, 2023 (comparisons on a year-over-year basis) • Homes delivered increased 2% to 6,454. • Average selling price of $486,000 was roughly flat. • Revenues of $3.15 billion were essentially even. • Net income decreased 16% to $289.9 million. • Diluted earnings per share was $3.38, down 11%.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/795266/000079526623000073/0000795266-23-000073-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the six months ended May 31, 2023"},{"label":"Revenue","value":"$3.15 billion"},{"label":"Net income","value":"$289.9 million"},{"label":"EPS","value":"$3.38"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"1d0c63d0b7fc174cb53ebf224945e801c4a5adc9","claim":"KB HOME reported the three months ended May 31, 2023 results: revenue $1.77 billion, net income $164.4 million, EPS $1.94.","evidence_excerpt":"Relations Contact (310) 893-7456 or jpeters@kbhome.com Cara Kane, Media Contact (321) 299-6844 or ckane@kbhome.com KB HOME REPORTS 2023 SECOND QUARTER RESULTS Revenues Rose to $1.77 Billion; Diluted Earnings Per Share of $1.94 Net Orders Totaled 3,936; Average Community Count Up 20% Repurchased 2.2 Million Shares for $92 Million; Book Value Per Share Increased to","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/795266/000079526623000073/0000795266-23-000073-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended May 31, 2023"},{"label":"Revenue","value":"$1.77 billion"},{"label":"Net income","value":"$164.4 million"},{"label":"EPS","value":"$1.94"},{"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"}