earnings
confidence high
sentiment negative
materiality 0.70
Nobility Homes Q1 revenue falls 14% to $10.5M, EPS $0.50 vs $0.61; special dividend $1.50
NOBILITY HOMES INC
2026-Q1 EPS reported
$0.50
revenue$10,502,846
- Net income $1.6M vs $2.0M YoY; operating income $1.8M vs $2.3M.
- Sales decline driven by fewer retail homes sold (43 vs 67) partly offset by higher dealer sales (57 vs 31).
- Board declares one-time cash dividend of $1.50/share, payable April 13, 2026 to holders of record March 30, 2026.
- Cash and short-term investments $25.9M; no debt; working capital $45.6M; book value $18.85/share.
- Management cites higher interest rates, tariffs, labor shortages, and material inflation as ongoing headwinds.