Earnings ·
Nobility Homes, Inc. reported third-quarter fiscal 2026 results ending August 1, 2026, with sales of $12.1 million and…
NOBHNobility Homes Inc
Nobility Homes, Inc. reported third-quarter fiscal 2026 results ending August 1, 2026, with sales of $12.1 million and net income of $1.9 million ($0.60 per share). While quarterly revenue slightly increased from the prior year period, nine-month sales declined to $35.1 million from $39.0 million due to lower retail home volumes partially offset by higher wholesale dealer sales with thinner margins. The company maintains a strong balance sheet with $25.8 million in liquid assets and no debt. Management cited high interest rates, supply chain delays, and inflation as ongoing headwinds expected to persist through 2027. Nobility Homes operates in the manufactured and modular housing industry.