Financial Performance - Net revenue for the second quarter of 2025 was $50.2 million, an increase of 18.0% from the second quarter of 2024 [7] - Income from operations for the second quarter of 2025 was $16.8 million, an increase of 4.9% from the second quarter of 2024 [7] - Net income for the second quarter of 2025 was $14.7 million, a decrease of 9.2% from the second quarter of 2024 [7] - Basic earnings per share for the second quarter of 2025 was $0.61, a decrease of 9.0% from the second quarter of 2024 [7] - Book value per share for the second quarter of 2025 was $21.32, an increase of 11.2% from the second quarter of 2024 [7] Company Strategy and Market Position - The company experienced revenue growth driven by higher average selling prices and increased unit volumes [3] - The company is making solid progress across its retail footprint and land development projects [3] - The decline in share price during the quarter provided an opportunity for the company to repurchase stock, reflecting confidence in long-term business value [3] - Legacy Housing Corporation is one of the largest producers of manufactured homes in the United States, focusing primarily on the southern United States [5] Share Repurchase Activity - The company repurchased 260,635 shares of common stock for $5.8 million in the open market during the three months ended June 30, 2025 [7]

Company Overview - Legacy Housing Corporation builds, sells, and finances manufactured homes and tiny houses, distributed through independent retailers and company-owned stores [3] - The company is one of the largest producers of manufactured homes in the United States, primarily operating in the southern United States [3] - Legacy offers a variety of homes ranging from approximately 395 to 2,667 square feet, with prices ranging from approximately $33,000 to $180,000 [3] Financial Results Announcement - Legacy Housing Corporation will release its financial results for the second quarter ended June 30, 2025, after markets close on August 7, 2025 [1] - A conference call will be held on August 8, 2025, at 10:00 a.m. Central Time to discuss the financial results [1] - A replay of the webcast will be available approximately two hours after the call and archived for one year [2]

Core Viewpoint - Legacy Housing Corporation is set to release its financial results for Q1 2025 on May 12, 2025, followed by a conference call on May 13, 2025 [1] Company Overview - Legacy Housing Corporation specializes in building, selling, and financing manufactured homes and tiny houses, distributed through independent retailers and company-owned stores [3] - The company is one of the largest producers of manufactured homes in the United States, primarily operating in the southern region [3] - Legacy offers a variety of homes ranging from approximately 395 to 2,667 square feet, with configurations of 1 to 5 bedrooms and 1 to 3.5 bathrooms [3] - Retail prices for these homes range from approximately $33,000 to $180,000 [3]