secwatch.observer — SEC 8-K summary
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Issuer:     KB HOME (KBH)
CIK:        0000795266
Form:       8-K
Filed at:   2025-09-24T23:59:59+00:00
Accession:  0000795266-25-000092
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

KB Home Q3 EPS $1.61, revenue $1.62B; net income down 30% YoY; repurchased $188.5M in stock
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- Diluted EPS of $1.61, down 21% YoY; net income $109.8M vs $157.3M; revenues $1.62B vs $1.75B.
- Homes delivered 3,393 (-7% YoY); average selling price $475,700 (down slightly).
- Net orders 2,950 (-4% YoY); cancellation rate 17% vs 15%; backlog value $1.99B (down from $2.92B).
- Repurchased 3.3M shares for $188.5M in Q3; $261.5M remaining under authorization.
- FY 2025 guidance: housing revenue $6.10B-$6.20B; homebuilding operating margin ~8.9% (ex charges).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/795266/000079526625000092/0000795266-25-000092-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/795266/000079526625000092/kbh-20250924.htm
  HTML page:      https://secwatch.observer/filing/0000795266-25-000092

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer