Legacy Housing(US:LEGH) Globenewswire·2026-03-12 20:45Core Insights - Legacy Housing Corporation reported financial results for the year ended December 31, 2025, highlighting challenges faced during the year, including a slower market for manufactured homes and increased input costs due to tariffs and inflation [1][3]. Financial Performance - Net revenue for 2025 was $164.6 million, a decrease of 10.7% from 2024 [7]. - Income from operations for 2025 was $48.4 million, down 23.9% from the previous year [7]. - Net income for 2025 was $41.8 million, reflecting a decline of 32.2% compared to 2024 [7]. - Basic earnings per share for 2025 were $1.74, a decrease of 31.8% from 2024 [7]. - Book value per share increased to $22.20, an 8.6% rise from the previous year [7]. Shareholder Returns and Strategic Moves - The company generated $37.2 million in cash from operations and returned $7.6 million to shareholders through stock repurchases [3][7]. - Legacy acquired certain assets of AmeriCasa Solutions LLC effective November 1, 2025, enhancing its distribution and financing capabilities in Texas [7]. Company Overview - Legacy Housing Corporation is a major producer of manufactured homes in the United States, focusing on affordable housing solutions [5]. - The company offers a range of homes from approximately 395 to 2,667 square feet, with prices ranging from about $47,000 to $200,000 [5].