LGI Homes Reports August 2022 Home Closings
LGI Homes (NASDAQ: LGIH) announced the closing of 504 homes in August 2022, reflecting a strong performance amidst an evolving market landscape. As of August 31, 2022, the company operated 93 active selling communities. With a legacy of over 19 years and more than 50,000 homes closed, LGI Homes continues to rank as one of America's fastest-growing builders. The firm, headquartered in The Woodlands, Texas, has maintained profitability annually and is recognized for quality construction and outstanding customer service.
- Closed 504 homes in August 2022, indicating strong sales performance.
- Operates 93 active selling communities, showcasing market presence.
- Maintained a profitable track record for over 19 years.
- Ranked as the 10th largest residential builder in the U.S. based on units closed.
- Recognized nationally for quality construction and customer service.
- None.
THE WOODLANDS, Texas, Sept. 06, 2022 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 504 homes in August 2022.
As of August 31, 2022, the Company had 93 active selling communities.
About LGI Homes, Inc.
LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes. As one of America’s fastest growing companies, LGI Homes has a notable legacy of more than 19 years of homebuilding excellence, over which time it has closed more than 50,000 homes and has been profitable every year. Headquartered in The Woodlands, Texas, LGI Homes has operations across 35 markets in 20 states and, since 2018, has been ranked as the 10th largest residential builder in the United States based on units closed. Nationally recognized for its quality construction and exceptional customer service, LGI Homes’ commitment to excellence extends to its more than 900 employees, earning the Company numerous workplace awards at the local, state and national level, including Top Workplaces USA’s 2022 Cultural Excellence Award. For more information about LGI Homes and its unique operating model focused on making the dream of homeownership a reality for families across the nation, please visit the Company’s website at www.lgihomes.com.
CONTACT:
Joshua D. Fattor
Vice President of Investor Relations
(281) 210-2586
investorrelations@lgihomes.com
FAQ
What is LGI Homes' closing performance in August 2022?
How many active selling communities does LGI Homes have as of August 2022?
What is LGI Homes' profitability history?
What is LGI Homes' market ranking in the U.S. residential building sector?
