KB Home Q1 diluted EPS $1.49 (-15%), reduces FY2025 revenue guidance

KB HOME

2025-Q1 EPS reported $1.49 revenue$1,391,777,000

Revenue $1.39B (-5% YoY), net income $109.6M (-21%), homebuilding operating income $127.3M.
Net orders 2,772 (-17%), cancellation rate 16% (vs 14%), backlog value down 21% to $2.20B.
FY2025 housing revenue guidance cut to $6.6B-$7.0B; housing gross margin 19.2%-20.0%.
Robert R. Dillard appointed EVP and CFO effective March 31; previously CFO at Sonoco.
Repurchased $50M of common stock in Q1; $650M remains under repurchase authorization.

item 2.02 item 5.02 item 9.01

Executive movements

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Appointed

Robert R. Dillard

Executive Vice President and Chief Financial Officer

KBH · KB HOME

Effective: 2025-03-31
Filed: March 24, 2025, 7:59 PM ET

On March 24, 2025, KB Home announced the appointment, effective March 31, 2025, of Robert R. Dillard as its Executive Vice President and Chief Financial Officer.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Robert R. Dillard was appointed as Executive Vice President and Chief Financial Officer at KB HOME.

Action: appointed
Role: Executive Vice President and Chief Financial Officer

Exact text from the filing

On March 24, 2025, KB Home announced the appointment, effective March 31, 2025, of Robert R. Dillard as its Executive Vice President and Chief Financial Officer.

View on SEC.gov

KB HOME filing history →

Source: SEC EDGAR

accession 0000795266-25-000035

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