secwatch.observer — SEC 8-K summary
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Issuer:     NOBILITY HOMES INC (NOBH)
CIK:        0000072205
Form:       8-K
Filed at:   2025-01-15T23:59:59+00:00
Accession:  0001193125-25-006603
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nobility Homes FY2024 sales down 18% YoY; diluted EPS falls to $2.63 from $3.27
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- FY2024 sales $51.9M vs $63.3M; net income $8.6M vs $10.9M; operating income $9.6M vs $13.4M.
- Q4 sales $11.8M vs $14.7M; net income $2.0M vs $2.3M; EPS $0.63 vs $0.71.
- Cash, CDs, short-term investments $27.2M; no debt; book value $17.31/share.
- President cites higher mortgage rates, production delays, labor shortages; challenges expected to continue into 2025.
- No conference call; industry shipments in Florida down ~3% over trailing 12 months.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/72205/000119312525006603/0001193125-25-006603-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/72205/000119312525006603/d905071d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-006603

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