Legacy Housing Corporation Reports Second Quarter 2025 Financial Results
Legacy Housing Corporation (NASDAQ: LEGH) reported its Q2 2025 financial results, showing mixed performance. Net revenue increased 18.0% to $50.2 million compared to Q2 2024, driven by higher average selling prices and increased unit volumes. Income from operations grew 4.9% to $16.8 million, while net income decreased 9.2% to $14.7 million.
The company demonstrated confidence in its long-term value by repurchasing 260,635 shares for $5.8 million during Q2 2025. Book value per share improved by 11.2% to $21.32, while basic EPS declined 9.0% to $0.61. Management highlighted progress in retail footprint and land development projects, while acknowledging ongoing market uncertainty and tariff-related risks.
Legacy Housing Corporation (NASDAQ: LEGH) ha comunicato i risultati finanziari del secondo trimestre 2025, evidenziando performance contrastanti. I ricavi netti sono aumentati del 18,0% raggiungendo 50,2 milioni di dollari rispetto al secondo trimestre 2024, grazie a un incremento dei prezzi medi di vendita e del volume delle unità vendute. Il reddito operativo è cresciuto del 4,9% arrivando a 16,8 milioni di dollari, mentre l'utile netto è diminuito del 9,2% attestandosi a 14,7 milioni di dollari.
L’azienda ha mostrato fiducia nel proprio valore a lungo termine riacquistando 260.635 azioni per 5,8 milioni di dollari durante il secondo trimestre 2025. Il valore contabile per azione è migliorato dell'11,2%, raggiungendo 21,32 dollari, mentre l’utile base per azione è sceso del 9,0% a 0,61 dollari. La direzione ha sottolineato i progressi nell’espansione della rete commerciale e nei progetti di sviluppo immobiliare, pur riconoscendo l’incertezza del mercato e i rischi legati ai dazi.
Legacy Housing Corporation (NASDAQ: LEGH) presentó sus resultados financieros del segundo trimestre de 2025, mostrando un desempeño mixto. Los ingresos netos aumentaron un 18,0% hasta 50,2 millones de dólares en comparación con el segundo trimestre de 2024, impulsados por precios de venta promedio más altos y un mayor volumen de unidades. Los ingresos operativos crecieron un 4,9% hasta 16,8 millones de dólares, mientras que el ingreso neto disminuyó un 9,2% hasta 14,7 millones de dólares.
La compañía mostró confianza en su valor a largo plazo al recomprar 260.635 acciones por 5,8 millones de dólares durante el segundo trimestre de 2025. El valor en libros por acción mejoró un 11,2% hasta 21,32 dólares, mientras que las ganancias básicas por acción disminuyeron un 9,0% hasta 0,61 dólares. La gerencia destacó avances en la expansión minorista y proyectos de desarrollo de terrenos, aunque reconoció la incertidumbre del mercado y los riesgos relacionados con los aranceles.
Legacy Housing Corporation (NASDAQ: LEGH)는 2025년 2분기 재무 실적을 발표하며 혼조된 성과를 보였습니다. 순매출은 2024년 2분기 대비 18.0% 증가한 5,020만 달러로, 평균 판매 가격 상승과 판매 단위 증가가 주요 원인이었습니다. 영업이익은 4.9% 증가한 1,680만 달러를 기록했으나, 순이익은 9.2% 감소한 1,470만 달러로 나타났습니다.
회사는 2025년 2분기 동안 260,635주를 580만 달러에 재매입하며 장기 가치에 대한 자신감을 보였습니다. 주당 장부 가치는 11.2% 상승하여 21.32달러를 기록했으며, 기본 주당순이익(EPS)은 9.0% 감소한 0.61달러였습니다. 경영진은 소매 점포 확장과 토지 개발 프로젝트에서 진전을 강조하면서도, 시장 불확실성과 관세 관련 위험을 인정했습니다.
Legacy Housing Corporation (NASDAQ : LEGH) a publié ses résultats financiers du deuxième trimestre 2025, affichant des performances mitigées. Le chiffre d'affaires net a augmenté de 18,0 % pour atteindre 50,2 millions de dollars par rapport au deuxième trimestre 2024, soutenu par une hausse des prix de vente moyens et un volume d’unités accru. Le résultat d’exploitation a progressé de 4,9 % pour atteindre 16,8 millions de dollars, tandis que le bénéfice net a diminué de 9,2 % à 14,7 millions de dollars.
L’entreprise a témoigné de sa confiance dans sa valeur à long terme en rachatant 260 635 actions pour 5,8 millions de dollars au cours du deuxième trimestre 2025. La valeur comptable par action s’est améliorée de 11,2 % pour atteindre 21,32 dollars, tandis que le BPA de base a reculé de 9,0 % pour s’établir à 0,61 dollar. La direction a souligné les progrès réalisés dans l’implantation commerciale et les projets d’aménagement foncier, tout en reconnaissant l’incertitude persistante du marché et les risques liés aux tarifs douaniers.
Legacy Housing Corporation (NASDAQ: LEGH) veröffentlichte die Finanzergebnisse für das zweite Quartal 2025 und zeigte eine gemischte Performance. Der Nettoumsatz stieg im Vergleich zum zweiten Quartal 2024 um 18,0 % auf 50,2 Millionen US-Dollar, getrieben durch höhere durchschnittliche Verkaufspreise und ein größeres Verkaufsvolumen. Der Betriebsgewinn wuchs um 4,9 % auf 16,8 Millionen US-Dollar, während der Nettogewinn um 9,2 % auf 14,7 Millionen US-Dollar sank.
Das Unternehmen zeigte Vertrauen in seinen langfristigen Wert, indem es im zweiten Quartal 2025 260.635 Aktien für 5,8 Millionen US-Dollar zurückkaufte. Der Buchwert je Aktie verbesserte sich um 11,2 % auf 21,32 US-Dollar, während das Ergebnis je Aktie (EPS) um 9,0 % auf 0,61 US-Dollar zurückging. Das Management hob Fortschritte im Einzelhandelsnetz und bei Grundstücksentwicklungsprojekten hervor, räumte jedoch weiterhin Marktunsicherheiten und zollbedingte Risiken ein.
- Net revenue grew 18.0% year-over-year to $50.2 million
- Income from operations increased 4.9% to $16.8 million
- Book value per share improved 11.2% to $21.32
- Company demonstrated confidence through $5.8 million share repurchase
- Net income decreased 9.2% year-over-year to $14.7 million
- Basic EPS declined 9.0% to $0.61
- Company faces ongoing market uncertainty and tariff-related risks
Insights
Legacy Housing reports mixed Q2 results with strong revenue growth but declining profits amid strategic share repurchases.
Legacy Housing's Q2 2025 results present a mixed financial picture. The company achieved
However, while operating income increased by
On a positive note, book value per share grew
CEO Duncan Bates specifically highlighted retail expansion and land development progress as growth drivers, while acknowledging market uncertainty and tariff-related risks that could impact future performance. The combination of revenue growth and strategic share repurchases positions Legacy to potentially deliver improved shareholder returns if they can address the factors causing net income decline.
BEDFORD, Texas, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Legacy Housing Corporation (“Legacy” or the “Company,” NASDAQ: LEGH) today announced its financial results for the second quarter ended June 30, 2025.
Financial Highlights
- Net revenue for the second quarter of 2025 was
$50.2 million , an increase of18.0% from the second quarter of 2024. - Income from operations for the second quarter of 2025 was
$16.8 million , an increase of4.9% from the second quarter of 2024. - Net income for the second quarter of 2025 was
$14.7 million , a decrease of9.2% from the second quarter of 2024. - Basic earnings per share for the second quarter of 2025 was
$0.61 , a decrease of9.0% from the second quarter of 2024. - Book value per share1 for the second quarter of 2025 was
$21.32 , an increase of11.2% from the second quarter of 2024. - The Company repurchased 260,635 shares of common stock for
$5.8 million in the open market during the three months ended June 30, 2025.
Duncan Bates, President and Chief Executive Officer, stated: “Higher average selling prices and increased unit volumes drove revenue growth during the second quarter. We continue to make solid progress across our retail footprint and land development projects. The decline in our share price during the quarter created an attractive opportunity to repurchase stock, underscoring our confidence in the long-term value of the business. While general market uncertainty and tariff-related risks remain, I’m pleased with the strong execution and resilience demonstrated by our team.”
This shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the Company’s securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Conference Call Information
Management will host a conference call to discuss the results at 10:00 AM Central Time on Friday, August 8, 2025. To access the conference call, please pre-register using this link. Registrants will receive confirmation with dial-in details.
About Legacy Housing Corporation
Legacy builds, sells, and finances manufactured homes and "tiny houses" that are distributed through a network of independent retailers and company-owned stores. The Company also sells directly to manufactured housing communities. Legacy is one of the largest producers of manufactured homes in the United States. With current operations focused primarily in the southern United States, we offer our customers an array of quality homes ranging in size from approximately 395 to 2,667 square feet consisting of 1 to 5 bedrooms, with 1 to 3 1/2 bathrooms. Our homes range in price, at retail, from approximately
Forward Looking Statements
This press release contains forward-looking statements within the meaning of the Securities and Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond our control. As a result, our actual results or performance may differ materially from anticipated results or performance. Legacy undertakes no obligation to update any such forward-looking statements after the date hereof, except as required by law. Investors should not place any reliance on any such forward-looking statements.
Investor Inquiries:
Duncan Bates, (817) 799-4837
duncanbates@legacyhousingcorp.com
Media Inquiries:
Kira Hovancik, (817) 799-4905
pr@legacyhousingcorp.com
1 Book value per share is a non-GAAP financial measure, and we define book value per share as total stockholders’ equity divided by basic weighted-average common shares outstanding.
FAQ
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