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2007-07-02 — thedesertsun.com
"In recent months, the company has rolled out a new line of smaller, more affordable homes that it hopes will jump-start sagging sales." ... "Despite the new strategy, KB Home wasn't able to avoid a disappointing second-quarter. On Thursday, it reported a second-quarter loss of $148.7 million, or $1.93 per share, as it booked a charge due to unsold inventory. "It also posted a 36 percent decline in revenue compared to the year-earlier quarter." source article | permalink | discuss | subscribe by: | RSS | email Comments: Be the first to add a comment add a comment | go to forum thread Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately. |