secwatch.observer — SEC 8-K summary
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Issuer:     NOBILITY HOMES INC (NOBH)
CIK:        0000072205
Form:       8-K
Filed at:   2024-09-11T23:59:59+00:00
Accession:  0001193125-24-216991
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nobility Homes Q3 revenue down 6% to $13.8M, EPS $0.67 vs $0.80; cites interest rate headwinds
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- Q3 2024 revenue $13.8M (-6.1% YoY); diluted EPS $0.67 vs $0.80 in prior year.
- Nine-month net income $6.5M ($2.00/sh) vs $8.6M ($2.56/sh) for 2023.
- Cash & short-term investments $26.5M, no debt; book value $16.67 per share.
- Management warns higher interest rates, supply delays, labor shortages will persist through FY2024 and possibly 2025.
- Florida industry shipments Nov2023-Jul2024 down ~3% YoY per state association.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/72205/000119312524216991/0001193125-24-216991-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/72205/000119312524216991/d825466d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-216991

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