earnings
confidence high
sentiment neutral
materiality 0.60
Nobility Homes Q1 sales down 13.5% to $14.8M; declares $1.50 special dividend
NOBILITY HOMES INC
2024-Q1 EPS reported
$0.71
revenue$14,767,998
- Sales for Q1 2024 $14.8M vs $17.1M in Q1 2023, decline of 13.5%.
- Cash and short-term investments $27.4M, no debt; working capital $41.6M, current ratio 5.2:1.
- Stockholders' equity $55.0M; book value $16.85 per share.
- One-time cash dividend $1.50/share for FY2023; payable April 8, 2024 to record holders March 25, 2024.
- Working with newly appointed auditors to complete FY2023 audit; Q1 FY2024 financials to follow.