secwatch.observer — SEC 8-K summary
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Issuer:     LGI Homes, Inc. (LGIH)
CIK:        0001580670
Form:       8-K
Filed at:   2025-04-29T23:59:59+00:00
Accession:  0001580670-25-000038
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LGI Homes Q1 EPS $0.17, revenue $351.4M; trims FY gross margin guidance on tariffs
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- Delivered 996 homes at average price $352,831; total revenue $351.4M.
- Net income $4.0M ($0.17 diluted EPS); includes $8.6M one-time expense for forward commitment incentive program.
- Full-year 2025 closings guidance unchanged: 6,200-7,000 homes; ASP $360k-$370k.
- Gross margin guidance cut: now 21.7%-23.2% (was 23.2%-24.2%?) trimmed 150 bps low-end, 100 bps high-end due to tariffs.
- Repurchased 41,685 shares for $3.1M in Q1; liquidity $360M at quarter end.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1580670/000158067025000038/0001580670-25-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1580670/000158067025000038/lgih-20250429.htm
  HTML page:      https://secwatch.observer/filing/0001580670-25-000038

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