KB Home, based in Los Angeles, employs 2,205 people and focuses on homebuilding and financial services, offering a range of new homes and mortgage solutions to homebuyers. Its homebuilding segment includes residential land acquisition and development for various buyer demographics.
KBH has been in the news recently: KB Home (KBH) reported better-than-expected earnings for the second quarter, leading to an increase in its share price. Despite a 13.7% drop in new home sales in May, the company raised prices amid challenging mortgage rates and low consumer confidence.
📡️ Consumer Discretionary
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