The Company is providing the following guidance for the fourth quarter of 2025. The Company expects: Home closings between 1,300 and 1,500; Active selling communities at the end of the fourth quarter of 2025 of approximately 145; Average sales price per home closed between $365,000 and $375,000; Gross margin as a percentage of home sales revenues between 21.0% and 22.0%, adjusted for estimated capitalized interest and estimated purchase accounting of approximately 3.0%, which results in Adjusted gross margin as a percentage of home sales revenues between 24.0% and 25.0%; SG&A as a percentage of home sales revenues between 15.0% and 16.0%; Effective tax rate of approximately 26.0%
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