Nobility Homes reports record FY2023 sales of $63.3M; Q4 sales down; 10-K filing delayed

NOBILITY HOMES INC

FY2023 sales $63.3M (+23% YoY) vs $51.5M; Q4 sales $14.7M (-9% YoY from $16.2M).
Cash, equivalents, CDs, short-term investments $24.6M; no debt; working capital $37.9M; current ratio 3.9:1.
Annual Report (10-K) delayed due to ongoing audit procedures on inventory cost capitalization.
Florida industry shipments declined ~16% in recent period; supply chain challenges expected to continue through FY2024.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

NOBILITY HOMES INC reported fourth quarter of fiscal 2023 results: revenue $14.7 million.

Period: fourth quarter of fiscal 2023
Revenue: $14.7 million
Result: preliminary results

Exact text from the filing

For the fourth quarter of fiscal 2023, sales were $14.7 million as compared to $16.2 million in the fourth quarter of last fiscal year.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

NOBILITY HOMES INC reported fiscal year ended November 4, 2023 results: revenue $63.3 million.

Period: fiscal year ended November 4, 2023
Revenue: $63.3 million
Result: preliminary results

Exact text from the filing

Sales for fiscal year 2023 increased 23% to $63.3 million as compared to $51.5 million recorded in fiscal year 2022.

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308 earnings releases filed in the last 30 days. Browse all earnings releases →

NOBILITY HOMES INC filing history →

Source: SEC EDGAR

accession 0001193125-24-022497

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