earnings
confidence high
sentiment negative
materiality 0.55
Nobility Homes Q1 sales $12.2M (down 17.6%), net income $2.0M ($0.61 EPS); declares $1.25 dividend
NOBILITY HOMES INC
2025-Q1 EPS reported
$0.60
revenue$12,241,742
- Net sales $12.2M vs $14.8M same quarter prior year; income from operations $2.3M vs $2.7M.
- Net income $2.0M ($0.61 EPS basic, $0.60 diluted) vs $2.3M ($0.72/$0.71) last year.
- Board declared $1.25 per share one-time cash dividend payable April 14, 2025 to holders of record March 31, 2025.
- Balance sheet: $29.6M cash/short-term investments, no debt; working capital $44.8M; book value $17.93 per share.
- Management cites higher mortgage rates, supply delays, labor shortages as headwinds; Florida industry shipments down ~15% YoY.