LENNAR CORP /NEW/ — fact timeline

LENNAR CORP /NEW/ reported second quarter ended May 31, 2026 results: net income $305 million, EPS $1.24 per diluted share.

“second quarter net earnings attributable to Lennar in 2026 were $305 million, or $1.24 per diluted share”

Jim Parker was appointed as Chief Operating Officer at LENNAR CORP /NEW/.

“On June 5, 2026, Lennar Corporation (the “Company”) appointed Jim Parker as the Company’s Chief Operating Officer, effective as of June 5, 2026”

LENNAR CORP /NEW/ reported first quarter ended February 28, 2026 results: revenue $6.6 billion, net income $229 million, EPS $0.93 per diluted share. Guidance initiated.

“Net earnings per diluted share of $0.93 ($0.88 excluding mark-to-market gains on technology investments) • Net earnings of $229 million • New orders increased 1% year over year to 18,515 homes • Backlog of 15,588 homes with a dollar value of $6.0 billion • Deliveries decreased 5% year over year to 16,863 homes • Total revenues of $6.6 billion • Homebuilding operating earnings of $373 million”

Sidney Lapidus departed as Director at LENNAR CORP /NEW/.

“On January 13, 2025, Sidney Lapidus, a member of the Board of Directors (the “Board”) of Lennar Corporation (the “Company”), notified the Board of his decision not to stand for re-election to the Board at the Company’s 2025 Annual Meeting of Stockholders (the “2025 Annual Meeting”).”

Jeff McCall changed role as Executive Vice President at LENNAR CORP /NEW/.

“Effective as of June 20, 2024 (the “Effective Date”), Jeff McCall, who has served as the Executive Vice President of Lennar Corporation (the “Company”) since January 2020, will transition to a non-executive role.”

LENNAR CORP /NEW/ shareholders rejected Stockholder proposal requesting report on plans to reduce greenhouse gas emissions at the 2024-04-10 meeting.

“Stockholders did not approve a stockholder proposal requesting a report on the Company’s plans to reduce greenhouse gas emissions.”

LENNAR CORP /NEW/ shareholders rejected Stockholder proposal requesting report on LGBTQ equity and inclusion efforts at the 2024-04-10 meeting.

“Stockholders did not approve a stockholder proposal requesting a report disclosing the Company’s LGBTQ equity and inclusion efforts in its human capital management strategy.”

LENNAR CORP /NEW/ shareholders rejected Stockholder proposal requesting report on political spending at the 2024-04-10 meeting.

“Stockholders did not approve a stockholder proposal requesting a report disclosing the Company’s political spending and related policies and procedures.”

LENNAR CORP /NEW/ shareholders approved Amendment to Restated Certificate of Incorporation to limit officer liability at the 2024-04-10 meeting.

“Stockholders approved an amendment to our Restated Certificate of Incorporation to limit the liability of certain officers as permitted by Delaware law.”

LENNAR CORP /NEW/ shareholders approved Ratification of Deloitte & Touche LLP as independent registered public accounting firm at the 2024-04-10 meeting.

“Stockholders ratified the appointment of Deloitte & Touche LLP as our independent registered public accounting firm for our fiscal year ending November 30, 2024.”

LENNAR CORP /NEW/ shareholders approved Advisory approval of named executive officer compensation at the 2024-04-10 meeting.

“Stockholders approved, on an advisory basis, the compensation of our named executive officers described in the 2024 Proxy Statement.”

LENNAR CORP /NEW/ shareholders approved Election of Directors at the 2024-04-10 meeting.

“The following individuals were elected as directors to serve until the 2025 Annual Meeting of Stockholders:”

LENNAR CORP /NEW/ reported fourth quarter and fiscal year ended November 30, 2023 results: revenue $11.0 billion, net income $1.4 billion, EPS $4.82 per diluted share. Guidance reaffirmed.

“orders dollar value increased 32% to $7.3 billion • Backlog of 14,892 homes with a dollar value of $6.6 billion • Deliveries increased 19% to 23,795 homes • Total revenues of $11.0 billion • Homebuilding operating earnings of $1.9 billion ◦ Gross margin on home sales of 24.2% ◦ S,G&A expenses as a % of revenues from home sales of 6.6% ◦ Net margin on home sales of”

Dacona Smith was elected as director at LENNAR CORP /NEW/.

“the Board of Directors (the “Board”) of the Company, upon the recommendation of the Board’s Nominating and Corporate Governance Committee, had elected Dacona Smith to serve as a director, effective September 22, 2023”

LENNAR CORP /NEW/ reported the third quarter ended August 31, 2023 results: revenue $8.7 billion, net income $1.1 billion, EPS $3.87 per diluted share.

“New orders increased 37% to 19,666 homes; new orders dollar value increased 30% to $8.6 billion • Backlog of 21,321 homes with a dollar value of $9.9 billion • Total revenues of $8.7 billion • Homebuilding operating earnings of $1.5 billion ◦ Gross margin on home sales of 24.4% ◦ S,G&A expenses as a % of revenues from home sales of 7.0% ◦ Net margin on home sales of”

Serena Wolfe was elected as Director at LENNAR CORP /NEW/.

“had elected Serena Wolfe to serve as a director, effective September 2, 2023”

Stuart Miller was appointed as Co-Chief Executive Officer at LENNAR CORP /NEW/.

“The Company has appointed Stuart Miller as a Co-Chief Executive Officer of the Company to succeed Mr. Beckwitt, effective September 1, 2023, contingent upon the execution and effectiveness of the Beckwitt Separation Agreement (as defined below).”

Rick Beckwitt resigned as member of the Board of Directors at LENNAR CORP /NEW/.

“resign as a member of the Board of Directors of the Company, effective September 1, 2023.”

Rick Beckwitt retired as Co-Chief Executive Officer and Co-President at LENNAR CORP /NEW/.

“Rick Beckwitt, who joined the Company in 2006 and who has served as a Co-Chief Executive Officer and Co-President of the Company since November 2020, has decided to retire as a Co-Chief Executive Officer and Co-President and resign as a member of the Board of Directors of the Company, effective September 1, 2023.”

LENNAR CORP /NEW/ reported second quarter ended May 31, 2023 results: revenue $8.0 billion, net income $872 million, EPS $3.01 per diluted share. Guidance raised.

“Lennar Reports Second Quarter 2023 Results Second Quarter 2023 Highlights • Net earnings per diluted share of $3.01 ◦ $2.94, excluding mark-to-market gains on technology investments • Net earnings of $872 million ◦ $852 million, excluding mark-to-market gains on technology investments • Deliveries of 17,074 homes • New orders of 17,885 homes with a dollar value of $8.2 billion • Backlog of 20,214 homes with a dollar value of $9.5 billion • Total revenues of $8.0 billion”

LENNAR CORP /NEW/ shareholders rejected Stockholder proposal regarding common stock voting structure at the 2023-04-12 meeting.

“Stockholders did not approve a stockholder proposal regarding our common stock voting structure.”

LENNAR CORP /NEW/ shareholders approved Ratification of Deloitte & Touche LLP as independent registered public accounting firm for fiscal year ending November 30, 2023 at the 2023-04-12 meeting.

“Stockholders ratified the appointment of Deloitte & Touche LLP as our independent registered public accounting firm for our fiscal year ending November 30, 2023.”

LENNAR CORP /NEW/ shareholders approved Advisory vote on frequency of say-on-pay votes at the 2023-04-12 meeting.

“Stockholders favored, on an advisory basis, a frequency of every year for a stockholder vote on the compensation of our named executive officers.”

LENNAR CORP /NEW/ shareholders approved Advisory vote on compensation of named executive officers at the 2023-04-12 meeting.

“Stockholders approved, on an advisory basis, the compensation of our named executive officers described in the Proxy Statement dated March 1, 2023 relating to our 2023 Annual Meeting of Stockholders.”

LENNAR CORP /NEW/ shareholders approved Election of directors at the 2023-04-12 meeting.

“The following individuals were elected as directors to serve until the 2024 Annual Meeting of Stockholders:”

LENNAR CORP /NEW/ reported first quarter ended February 28, 2023 results: revenue $6.5 billion, net income $597 million, EPS $2.06 per diluted share.

“orders dollar value decreased 18% to $6.4 billion • Backlog decreased 29% to 19,403 homes; backlog dollar value decreased 33% to $9.0 billion • Total revenues increased 5% to $6.5 billion • Homebuilding operating earnings decreased to $907 million, compared to operating earnings of $1.1 billion ◦ Gross margin on home sales decreased 570 basis points ("bps") to”

LENNAR CORP /NEW/ reported the fiscal year ended November 30, 2022 results: revenue $33.7 billion, net income $4.6 billion, EPS $15.72 per diluted share.

“◦ Increased 29% to $5.2 billion, excluding adjustments • Deliveries increased 11% to 66,399 homes • New orders decreased 5% to 61,105 homes • Total revenues increased 24% to $33.7 billion • Net margin on home sales improved 170 bps to 21.4 % • Retired early $575 million of homebuilding senior notes due November 2022 • Repurchased 11 million shares of Lennar common”

LENNAR CORP /NEW/ reported the fourth quarter ended November 30, 2022 results: revenue $10.2 billion, net income $1.3 billion, EPS $4.55 per diluted share.

“orders dollar value decreased 24% to $5.5 billion • Backlog decreased 21% to 18,869 homes; backlog dollar value decreased 23% to $8.7 billion • Total revenues increased 21% to $10.2 billion • Homebuilding operating earnings increased 4% to $1.8 billion ◦ Gross margin on home sales of 24.8% ▪ Pre-impairment gross margin on home sales of 25.3% - down 270 basis points”