Toll Brothers, Inc. Provides Operating Guidance for the Third Quarter and Full Fiscal Year 2024
May 22, 2024 at 02:00 am IST
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Toll Brothers, Inc. provided operating guidance for the third quarter and full fiscal year 2024. For the quarter, the company expected deliveries of 2,750 units to 2,850 units.
For the full year, the company expected deliveries of 10,400 units to 10,800 units.
Toll Brothers, Inc. is a builder of luxury homes. The Company designs, builds, markets, sells and arranges financing for an array of luxury residential single-family detached home, attached home, master-planned, and urban low-, mid-, and high-rise communities. The Company operates its own architectural, engineering, mortgage, title, land development, insurance, smart home technology and landscaping subsidiaries. It also develops master-planned and golf course communities as well as operate, in certain regions, its own lumber distribution, house component assembly and manufacturing operations. The Company also caters to urban and suburban renters under the brand names Toll Brothers Apartment Living and Toll Brothers Campus Living. It designs, builds, markets, and sells high-density, high-rise urban luxury condominiums with third-party joint venture partners through Toll Brothers City Living (City Living). The Company operates in approximately 24 states and in the District of Columbia.