Jeffrey Mezger on built-to-order mix
From $KBH KB Home Q1 2026 Earnings Conference Call · · EARNMOAR
“We are making considerable progress increasing our built-to-order sales. They represented 44% of our net orders in October, growing each month through the first quarter. We exited February at 68% and in the early weeks of March, we are now above 70%. Built-to-order homes typically generate between 300 and 500 basis points of incremental gross margins compared to inventory homes.”
On , Jeffrey Mezger, Chairman & Chief Executive Officer at KB HOME, spoke about built-to-order mix during $KBH KB Home Q1 2026 Earnings Conference Call on EARNMOAR.
About Jeffrey Mezger
Jeffrey Mezger, executive chairman of the board of KB Home, presided over the company’s 2026 annual meeting of stockholders on April 23, 2026. During the meeting, he called the proceedings to order, identified the board members in attendance, and declared that a quorum was present. Mezger noted that the meeting was conducted under posted rules of conduct and that stockholders could submit questions via a Q&A tab. He stated that the polls were closed and that final voting results would be reported in a public filing. Mezger reported that no pertinent questions were received from stockholders during the meeting. He then called for a motion to conclude the meeting, which was seconded, and declared the meeting adjourned. The meeting included the ratification of Ernst & Young LLP as the company’s independent registered public accounting firm for the fiscal year ending November 30, 2026.