TRI Pointe provides Q3 and 2025 operational outlook

TRI Pointe (TPH) anticipates Q3 deliveries of 1,000-1,100 homes at an average sales price between $675,000 and $685,000. Expects Q3 homebuilding gross margin percentage 20.0%-21.0% and SG&A expense as a percentage of home sales revenue of 13.0%-14.0%. Expects Q3 effective tax rate approximately 27.0%. For the full year, che Company anticipates delivering 4,800-5,200 homes at an average sales price $665K-$675K. Expects homebuilding gross margin percentage 20.5%-22.0% for the full year and anticipates SG&A expense as a percentage of home sales revenue 12.0%-13.0%. Finally, expects effective tax rate for the full year 27.0%.