secwatch.observer — SEC 8-K summary
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Issuer:     KB HOME (KBH)
CIK:        0000795266
Form:       8-K
Filed at:   2026-06-23T20:17:22+00:00
Accession:  0000795266-26-000060
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

KB Home Q2 revenue down 27% to $1.11B; EPS $0.43 vs $1.50 last year
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- Revenues fell 27% to $1.11B; delivered 2,395 homes (-23%) with avg price $461,900 (-5.5%).
- Net income $27.3M ($0.43 diluted EPS) vs $107.9M ($1.50) YoY; homebuilding op margin 2.5%.
- Repurchased $75M of common stock (1.4M shares); $775M remaining under buyback authorization.
- Q3 guidance: deliveries 2,600-2,800; housing gross margin 16.0%-16.6% (excl charges).
- Full-year 2026 delivery guidance 10,500-11,000; housing revenues $4.90B-$5.30B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/795266/000079526626000060/0000795266-26-000060-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/795266/000079526626000060/kbh-20260623.htm
  HTML page:      https://secwatch.observer/filing/0000795266-26-000060

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