secwatch.observer — SEC 8-K summary
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Issuer:     NOBILITY HOMES INC (NOBH)
CIK:        0000072205
Form:       8-K
Filed at:   2023-03-13T23:59:59+00:00
Accession:  0001193125-23-069203
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nobility Homes Q1 net sales up 59% to $17.2M; EPS $0.91 vs $0.33; declares $1 special dividend
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- Sales $17.2M (+59% YoY); operating income $3.8M (+192%); net income $3.1M (+164%); diluted EPS $0.91 vs $0.33.
- Cash & short-term investments $24.3M, no debt; working capital $36.5M; book value $15.13/share.
- Board declared $1.00 one-time cash dividend payable April 3 to holders of record March 20, 2023.
- President cites slowing demand due to higher interest rates, ongoing supply chain and labor challenges.
- Company notes inflation in building products, potential customer deferrals; industry shipments in Florida flat YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/72205/000119312523069203/0001193125-23-069203-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/72205/000119312523069203/d481512d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-069203

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