LGI Homes Reports September 2021 and Record-Breaking Third Quarter Closings and Announces Date for Third Quarter Earnings Conference Call
October 05 2021 - 6:10PM
LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 793 homes
in September 2021, compared to 811 homes closed in September 2020.
In addition, the Company announced record-breaking quarterly
closings of 2,499 during the third quarter of 2021 compared to
2,091 closings in the third quarter of 2020, a 19.5% increase
year-over-year. The Company ended the first nine months of 2021
with 7,916 home closings, a 33.5% increase over 5,931 home closings
during the first nine months of 2020.
As of September 30, 2021, the Company had 103
active selling communities.
The Company plans to release financial results
for the third quarter ended September 30, 2021 before the market
opens on Tuesday, November 2, 2021. The Company will hold a
conference call at 12:30 p.m. Eastern Time the same day to discuss
the results.
A link to the live audio webcast will be
provided through the Investors page of the Company's website at
www.investor.lgihomes.com under the Events and Presentations
section.
The call can also be accessed by dialing (855)
433-0929 for domestic participants or (970) 315-0256 for
international participants. Participants should ask for the LGI
Homes Earnings Conference Call or reference number 4394403.
An archive of the webcast will be available for
replay on the Company's website for one year from the date of the
conference call.
About LGI Homes, Inc.
LGI Homes, Inc. is a pioneer in the homebuilding
industry, successfully applying an innovative and systematic
approach to the design, construction and sale of homes. As one
of America’s fastest growing companies, LGI Homes has a notable
legacy of more than 18 years of homebuilding excellence, over which
time it has closed more than 50,000 homes and has been profitable
every year. Headquartered in The Woodlands, Texas, LGI Homes has
operations across 35 markets in 19 states and, since 2018, has been
ranked as the 10th largest residential builder in the United States
based on units closed. Nationally recognized for its quality
construction and exceptional customer service, LGI Homes’
commitment to excellence extends to its more than 900 employees,
earning the Company numerous workplace awards at the local, state
and national level, including Top Workplaces USA’s 2021 Cultural
Excellence Award. For more information about LGI Homes and its
unique operating model focused on making the dream of homeownership
a reality for families across the nation, please visit the
Company’s website at www.lgihomes.com.
CONTACT:Joshua D. FattorVice President of
Investor Relations(281) 210-2586investorrelations@lgihomes.com
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