secwatch.observer — SEC 8-K summary
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Issuer:     NOBILITY HOMES INC (NOBH)
CIK:        0000072205
Form:       8-K
Filed at:   2024-07-01T23:59:59+00:00
Accession:  0001193125-24-173420
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nobility Homes Q2 sales $11.5M, down 31.5% YoY; EPS $0.62 vs $0.85
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- Q2 2024 sales $11.5M vs $16.8M in Q2 2023; net income $2.0M vs $2.9M.
- Diluted EPS $0.62 vs $0.85; first six months EPS $1.33 vs $1.75.
- Company cites higher interest rates, material delays, labor shortages, and inflation.
- No debt; cash/CDs/short-term investments $23.5M; book value $15.99/share.
- Expects challenges to persist through H2 2024; Florida industry shipments down ~9%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/72205/000119312524173420/0001193125-24-173420-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/72205/000119312524173420/d806701d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-173420

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