secwatch.observer — SEC 8-K summary
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Issuer:     NOBILITY HOMES INC (NOBH)
CIK:        0000072205
Form:       8-K
Filed at:   2025-03-17T23:59:59+00:00
Accession:  0001193125-25-055209
Event type: earnings
Sentiment:  negative
Materiality: 0.55
Item codes: 2.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nobility Homes Q1 sales $12.2M (down 17.6%), net income $2.0M ($0.61 EPS); declares $1.25 dividend
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/72205/000119312525055209/0001193125-25-055209-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/72205/000119312525055209/d881964d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-055209

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