Legacy Housing(LEGH) - 2023 Q4 - Earnings Call Transcript

Operator Selling, general and administrative expenses decreased $3.3 million or 11.9% in 2023 as compared to 2022. This decrease was primarily due to a decrease in salaries and benefits costs, warranty costs, consulting and professional fees, partially offset by an increase in loan loss provision legal expenses and marketing and advertising expenses. Net income decreased 19.6% to $54.5 million between December 31, 2023 and December 31, 2022. Two important data points. Right now, interest from new dealers an ...