Nobility Homes, Inc. filings document operating results, governance matters, and public-company events for a Florida manufactured and modular home producer. Form 8-K reports include earnings releases for quarterly periods, cash dividend actions, amendments to the 2011 Stock Incentive Plan, shareholder voting results, and changes in the company’s independent certifying accountant.
Proxy materials cover director elections, executive compensation advisory votes, principal holders of common stock, board matters, and equity compensation plan information. The filing record also identifies the company’s common stock and its status as an issuer without securities registered on a national exchange under Section 12(b).
NOBILITY HOMES, INC. (NOBH) reported modestly higher third‑quarter results but weaker performance for the first nine months of fiscal 2026. For the quarter ended August 1, 2026, net sales were $12.1 million versus $12.0 million a year earlier, with net income of $1.90 million compared to $1.83 million, or $0.60 per share versus $0.56.
For the first nine months, net sales declined to $35.1 million from $39.0 million and net income fell to $5.28 million from $6.10 million, as fewer higher‑margin retail homes were sold at Company sales centers, partially offset by more lower‑margin wholesale sales. Gross margin compressed to 30% from 32%, while SG&A as a percentage of net sales improved to 12% from 13%.
The Company maintained a strong balance sheet with $13.4 million in cash and cash equivalents, $44.4 million of working capital and no debt as of August 1, 2026. During fiscal 2026 it paid a $1.50 per share cash dividend totaling $4.73 million and repurchased 100,000 shares from its President for $2.97 million, while generating operating cash flow of $6.8 million.
NOBILITY HOMES, INC. (NOBH) reported third-quarter 2026 net sales of $12.1 million, slightly above $12.0 million a year earlier. Operating income was $2.1 million versus $2.2 million, while net income rose to $1.9 million from $1.8 million, with earnings per share increasing to $0.60 from $0.56.
For the first nine months of 2026, net sales were $35.1 million compared with $39.0 million in 2025, and net income was $5.3 million versus $6.1 million, with EPS of $1.66 versus $1.87. Management attributes lower year-to-date sales mainly to fewer homes sold through company-owned retail centers, partly offset by more sales to independent dealers that carry lower margins.
The company highlights a strong financial position, with $25.8 million in cash, cash equivalents, certificates of deposit and short-term investments, no outstanding debt, working capital of $44.4 million and a current ratio of 7.4:1. Stockholders’ equity totals $58.4 million, and book value per share is $18.52. Management cites ongoing headwinds from higher interest rates, supply chain issues, labor shortages, and material cost inflation, which it expects to persist into 2027.
Nobility Homes Inc. director and Chief Financial Officer Thomas W. Trexler reported an open-market sale of 6,084 shares of Common Stock on June 16, 2026. The shares were sold at $30.90 per share from his 401(k) plan, an indirect holding. After this transaction, his 401(k) plan held 9,449 shares indirectly, and a separate entry shows he directly owned 408,869 shares of Common Stock as of the same date.
Nobility Homes reported lower results for the quarter ended May 2, 2026. Net sales were $12.4 million versus $14.8 million a year earlier, and net income fell to $1.76 million from $2.29 million, or $0.56 per diluted share versus $0.70.
For the first six months of 2026, net sales were $22.9 million compared with $27.0 million and net income was $3.39 million versus $4.27 million, with EPS of $1.06 versus $1.31. Gross margin narrowed as sales shifted away from higher‑margin company-owned retail centers toward independent dealers.
The company remains financially strong, with $9.9 million in cash, $13.7 million in certificates of deposit, no debt, and working capital of $42.6 million. During the first half, it paid a $1.50 per share cash dividend and repurchased 100,000 shares from its President for $2.97 million, funded from internal resources.
Nobility Homes reported weaker results for its second quarter of 2026. Net sales were $12.4 million compared with $14.8 million a year earlier, and net income was $1.76 million versus $2.29 million. Earnings per share were $0.56, down from $0.70.
For the first six months of fiscal 2026, sales were $22.9 million versus $27.0 million, with net income of $3.39 million compared with $4.27 million and earnings per share of $1.06 versus $1.31. Management cited fewer higher‑margin homes sold through company‑owned retail centers, partially offset by more lower‑margin sales to independent dealers, along with higher interest rates, supply chain delays and inflation.
The company highlighted a strong financial position, with $24.2 million in cash, certificates of deposit and short‑term investments, no outstanding debt, working capital of $42.6 million, and stockholders’ equity of $56.5 million, or $17.92 in book value per share.
Nobility Homes reported softer first-quarter 2026 results as higher interest rates and economic uncertainty weighed on demand for higher-priced manufactured homes. Net sales declined to $10.5 million from $12.2 million a year earlier, and net income decreased to $1.6 million from $2.0 million, with earnings per diluted share slipping to $0.50 from $0.60.
Gross margin narrowed to 30% from 32% as the mix shifted toward lower-margin wholesale sales to independent dealers and away from higher-margin company-owned retail centers. Operating expenses fell in absolute terms and as a share of sales, but not enough to offset the profit impact of lower volumes and mix.
The balance sheet remained strong, with total assets of about $65.9 million and stockholders’ equity of roughly $59.4 million, and no debt. Cash and cash equivalents were $11.1 million, supplemented by certificates of deposit and short-term investments. During January 2026, the company repurchased 100,000 shares from its President at $29.70 per share, and in March the board declared a one-time cash dividend of $1.50 per share for fiscal 2025. Management expects supply chain issues, material inflation and interest-rate pressures to persist through fiscal 2026.
Nobility Homes, Inc. reported softer results for its first quarter ended January 31, 2026 and declared a one-time cash dividend. Net sales were $10.5 million versus $12.2 million a year earlier, with net income of $1.6 million compared to $2.0 million. Earnings per share were $0.50, down from $0.61 basic in the prior-year quarter.
The company highlighted a strong balance sheet, including $25.9 million in cash, cash equivalents, certificates of deposit and short-term investments, no outstanding debt, working capital of $45.6 million, and stockholders’ equity of $59.4 million with book value of $18.85 per share. The Board declared a one-time cash dividend of $1.50 per common share for fiscal 2025, payable on April 13, 2026 to shareholders of record on March 30, 2026.
Management attributed lower sales and earnings to fewer higher-margin homes sold through company-owned retail centers, a shift toward lower-priced homes, higher interest rates, supply chain delays, labor shortages, and inflation in building products, and indicated these challenges are expected to continue through fiscal 2026.
Nobility Homes, Inc. extended the life of its 2011 Stock Incentive Plan, moving the termination date from June 1, 2026 to June 1, 2031. This keeps the company’s existing equity plan available for grants for an additional five years.
At the same annual meeting on March 6, 2026, shareholders elected four directors—Terry E. Trexler, Thomas W. Trexler, Arthur L. Havener Jr., and Robert P. Saltsman—with vote totals over 2.86 million shares for each nominee and no votes against. Shareholders also chose to hold advisory votes on executive compensation every three years, with 2,766,714 votes favoring the three‑year frequency. A separate advisory resolution approving 2025 executive compensation passed with 2,880,876 votes for, 344 against, and 895 abstentions.
Nobility Homes, Inc. is asking shareholders to vote at its March 6, 2026 annual meeting in Ocala, Florida on three items: electing four directors, choosing how often to hold future advisory votes on executive pay, and approving a non-binding 2025 say‑on‑pay resolution.
The board currently has four members, two of whom are considered independent under NASDAQ standards, and all directors attended every board and committee meeting in fiscal 2025. Executive pay for CEO Terry E. Trexler and CFO Thomas W. Trexler consisted mainly of salary of $93,500 and bonuses of $280,000 each in both 2024 and 2025, with no equity awards.
For 2025, the pay-versus-performance table shows total compensation “actually paid” matching summary compensation and net income of $8,446,383, alongside a total shareholder return value of 97.42 on a $100 baseline. Directors Havener and Saltsman, both independent, received cash fees only.
The company reports that insiders complied with Section 16(a) filing requirements. Nobility also discloses auditor changes in 2025, moving from Hancock Askew & Co., LLP to Baker Tilly US, LLP, then Michael Gillespie & Associates, PLLC, and finally appointing dbbmckennon, with 2025 audit fees of $196,863. A related-party disclosure notes sales of $221,620 in 2024, and none in 2025, to communities associated with entities owned by Terry and Thomas Trexler.