Welcome to our dedicated page for Toll Brothers news (Ticker: TOL), a resource for investors and traders seeking the latest updates and insights on Toll Brothers stock.
Toll Brothers, Inc. (NYSE: TOL) is a leading national luxury homebuilder shaping residential real estate through innovative communities and premium urban developments. This dedicated news hub provides investors and industry observers with comprehensive updates on corporate milestones, financial disclosures, and strategic initiatives.
Track official announcements including quarterly earnings results, executive leadership updates, partnership agreements, and market expansion plans. Our curated collection features press releases covering new community launches, sustainability initiatives, and operational achievements across Toll Brothers' 24-state footprint.
Discover timely insights into the company's luxury homebuilding operations, multifamily developments through Toll Brothers Apartment Living, and design innovation strategies. Content is organized for efficient navigation of material developments impacting both residential buyers and long-term investors.
Bookmark this page for direct access to verified information about TOL's market positioning, industry recognition, and community development projects. Check regularly for updates reflecting the company's performance in the premium housing sector and broader construction industry trends.
Toll Brothers (NYSE:TOL) announced the grand opening of Waterview Landing, a luxury lakefront community in Babcock Ranch, Florida. This new development features two collections of single-family homes, priced from the low $400,000s. Homes will offer open floor plans, first-floor primary suites, and customizable options through the Toll Brothers Design Studio. Residents can enjoy a nature-connected lifestyle with access to amenities like the Lake Timber Lodge and nearby recreational options. Notably, the location is just 15 miles from downtown Ft. Myers, providing convenience for homeowners.
Toll Brothers, Inc. (NYSE:TOL) reported strong first quarter results for FY 2023, with net income increasing to $191.5 million ($1.70 per share), compared to $151.9 million ($1.24 per share) in FY 2022. Home sales revenues reached $1.75 billion, a 4% increase year-over-year. However, net signed contracts dropped significantly, down 51% to $1.45 billion and delivered homes decreased by 5%. The backlog ended at $8.6 billion, a 21% decline from last year. The company maintains a solid outlook, reaffirming guidance for an adjusted gross margin of 27.0% and earnings per share of $8.00 to $9.00.
Toll Brothers, the leading luxury home builder, has announced the upcoming launch of Regency at Woodbridge, an active-adult townhome community in Woodbridge, Connecticut. The community will feature 70 townhomes with 2 to 3 bedrooms, 2.5 baths, and 2-car garages, offering personalization options at the Toll Brothers Design Studio. Residents will enjoy amenities such as a clubhouse, fitness center, and outdoor pool. The future sales center opens in fall 2023, and the location provides convenient access to local shopping, dining, and major highways. Toll Brothers continues its commitment to building high-quality homes tailored for active adults aged 55 and older.
Toll Brothers (NYSE:TOL) has announced the opening of its new gated community, Hidden Ridge, located in El Dorado Hills, California. This luxury development features 90 single-family homes, with prices starting from $1 million. The homes include modern floor plans ranging from 3,000 to 4,000+ square feet, featuring up to 5 bedrooms and 4.5 baths. Located within the Rescue Union School District, residents will benefit from access to high-end shopping and outdoor activities. Prospective buyers can explore the new sales center at 7044 Grand Teton Drive.
Toll Brothers, Inc. (NYSE:TOL), a leading builder of luxury homes, will hold a conference call on February 22, 2023, at 8:30 a.m. ET to discuss its first quarter results for FY 2023, which will be announced after the market close on February 21, 2023. The call will be hosted by Chairman and CEO Douglas C. Yearley, Jr. Investors can access the call via the company's website. Toll Brothers has been recognized as the #1 Home Builder in Fortune’s 2023 survey of the World’s Most Admired Companies, marking the eighth consecutive year of this accolade. The company operates in over 60 markets across 24 states.
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