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Mar 31, 2024
Legacy Housing Q1 2024 Earnings Report
Legacy Housing reported strong profitability and improving sales volumes in the first quarter of 2024.
Key Takeaways
Legacy Housing Corporation announced its Q1 2024 financial results, highlighting strong profitability and improving sales volumes. The company also repurchased stock and showcased product improvements at their Spring Show.
Legacy's business fundamentals remained unchanged.
The company experienced strong profitability during the first quarter.
Sales volumes are showing signs of improvement.
Legacy repurchased stock for the first time since 2020.
Forward Guidance
The company is focused on unlocking trapped value on their balance sheet and accelerating earnings growth.
Positive Outlook
- Showcased product improvements at the Spring Show.
- Sold finished goods inventory.
- Built backlog at the Spring Show.
- Focused on unlocking trapped value on balance sheet.
- Focused on accelerating earnings growth.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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