Financial Performance - Legacy Housing Corporation reported product sales of $28.8 million for Q3 2025, a decrease of 4.6% compared to the same period last year [1] - The company delivered 420 floor sections in the quarter, down from 475 in the prior-year period, indicating a trend of lower unit volumes despite increased net revenue per unit [1] - The book value per share increased by 10.2% year-over-year, reflecting ongoing financial resilience [1] Executive Changes and Strategic Focus - Following the end of the quarter, Legacy Housing experienced significant executive transitions, including the departures of its CEO, CFO, and General Counsel [2] - The return of founders Kenneth Shipley and Curtis Hodgson has led to a renewed focus on cost discipline and expanding sales opportunities [2] Sales and Operational Outlook - Curt Hodgson, Executive Chairman, emphasized the company's commitment to providing value, controlling costs, and delivering profits for investors [3] - A major industry show held in late September generated enough orders to ensure Texas manufacturing facilities operate at a pace of 3 to 4 floors per day through year-end, exceeding the third quarter's rate [3] - The company maintains a robust balance sheet and prioritizes operational efficiency, supported by recent order activity [4] Company Overview - Legacy Housing Corporation is a leading provider of affordable manufactured homes in the U.S., focusing on quality, value, and customer service [5] - The company builds, sells, and finances manufactured homes and "tiny houses," distributed through independent retailers and company-owned stores [5] - Homes range in size from approximately 395 to 2,667 square feet, with prices ranging from approximately $33,000 to $180,000 [5]