secwatch.observer — SEC 8-K summary
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Issuer:     NOBILITY HOMES INC (NOBH)
CIK:        0000072205
Form:       8-K
Filed at:   2024-02-02T23:59:59+00:00
Accession:  0001193125-24-022497
Event type: earnings
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/72205/000119312524022497/0001193125-24-022497-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/72205/000119312524022497/d760627d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-022497

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