Legacy Housing

Lifestory Research Releases 2024 America's Most Trusted Home Builder Study Findings

Retrieved on: 
Wednesday, January 3, 2024

NEWPORT BEACH, Calif., Jan. 3, 2024 /PRNewswire/ -- Trust in home builders continues to decline, according to the 2024 America's Most Trusted® Study, released today. Among the largest home builders in the United States, Lifestory Research found a universal decline in trust in each national builder in the annual study. The decline in trust among home builders underscores a concerning trend within the housing industry. The study found that factors such as construction quality, adherence to timelines, transparency in communication, and customer service can contribute to the erosion of trust.

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Legacy Housing Corporation Reports Full Year 2022 Financial Results

Retrieved on: 
Wednesday, March 15, 2023

BEDFORD, Texas, March 15, 2023 (GLOBE NEWSWIRE) -- Legacy Housing Corporation (the "Company” or “Legacy", NASDAQ: LEGH) today announced its financial results for the full year end December 31, 2022.

Key Points: 
  • BEDFORD, Texas, March 15, 2023 (GLOBE NEWSWIRE) -- Legacy Housing Corporation (the "Company” or “Legacy", NASDAQ: LEGH) today announced its financial results for the full year end December 31, 2022.
  • Income from operations for the year ended 2022 was $78.0 million, an increase of 32.4% from the year ended 2021.
  • Net income for the year ended 2022 was $67.8 million, an increase of 35.9% from the year ended 2021.
  • Duncan Bates, President and Chief Executive Officer, stated: “2022 was a record year for Legacy Housing.

Lifestory Research Announces 2023 America's Most Trusted Home Builder Study Findings

Retrieved on: 
Wednesday, January 4, 2023

NEWPORT BEACH, Calif., Jan. 4, 2023 /PRNewswire/ -- Changes in the housing market have impacted home buyer sentiment in a trend toward waning customer trust among the nation's largest home builders.  According to the Lifestory Research 2023 America's Most Trusted® Study released today, trust has decreased across the home-building industry following an unprecedented increase in trust during the pandemic.

Key Points: 
  • For more information about the Lifestory Research 2023, America's Most Trusted® Home Builder study, visit https://www.lifestoryresearch.com/2023-best-home-builder-review-rankings
    Customers have selected Skyline Homes as America's Most Trusted® Manufactured Home Builder for the third year in a row.
  • In the Lifestory Research 2023 America's Most Trusted® Study,  17,308 people were surveyed and asked their opinions of active adult resort home builders.
  • For more information about the Lifestory Research 2023, America's Most Trusted® Active Adult Resort Builder study, visit https://www.lifestoryresearch.com/2023-best-active-adult-resort-builder-...
    The Lifestory Research America's Most Trusted® study is the most extensive and longest-running independent research program seeking to understand the opinions of consumers within the new home marketplace.
  • About Lifestory Research® and America's Most Trusted® Advertising/Promotional Rules:
    America's Most Trusted® is a registered trademark of Lifestory Corporation.

Legacy Housing Corporation Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q

Retrieved on: 
Friday, August 12, 2022

On May 31, 2022, the Company submitted to Nasdaq a plan to regain compliance with the Listing Rule 5250(c)(1) with respect to the Form 10-Q1 (the Plan).

Key Points: 
  • On May 31, 2022, the Company submitted to Nasdaq a plan to regain compliance with the Listing Rule 5250(c)(1) with respect to the Form 10-Q1 (the Plan).
  • At the request of Nasdaq, the Company has until September 12, 2022 to submit to Nasdaq an update to the Plan to include progress the Company has made on filing the Form 10-Q1 and the plan for filing the Form 10-Q2.
  • The Company intends on filing the Form 10-Q1 and Form 10-Q2 as soon as practicable in order to regain compliance.
  • Legacy Housing undertakes no obligation to update any such forward-looking statements after the date hereof, except as required by law.

Legacy Housing Corporation Announces Appointment of Duncan Bates as President and Chief Executive Officer

Retrieved on: 
Wednesday, June 8, 2022

Curt Hodgson, Executive Chairman of Legacy, stated: I am thrilled to name Duncan as the President and CEO of Legacy.

Key Points: 
  • Curt Hodgson, Executive Chairman of Legacy, stated: I am thrilled to name Duncan as the President and CEO of Legacy.
  • Mr.BatesreplacesKenny Shipley, who, as part of the management reorganization, will remain with Legacy as Founder and Executive Vice President.
  • Legacy Housing Corporation builds, sells and finances manufactured homes and "tiny houses" that are distributed through a network of independent retailers and company-owned stores.
  • Legacy Housing undertakes no obligation to update any such forward-looking statements after the date hereof, except as required by law.

Legacy Housing Corporation Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q

Retrieved on: 
Monday, May 23, 2022

Under the Nasdaq Listing Rules, the Company has until May 31, 2022 to submit to Nasdaq a plan to regain compliance.

Key Points: 
  • Under the Nasdaq Listing Rules, the Company has until May 31, 2022 to submit to Nasdaq a plan to regain compliance.
  • If the Company is unable to file the Form 10-K and 10-Q by May 31, 2022, the Company intends to submit such a plan to Nasdaq on or before the deadline.
  • The Company intends on filing the Form 10-K and Form 10-Q as soon as practicable in order to regain compliance.
  • Legacy Housing undertakes no obligation to update any such forward-looking statements after the date hereof, except as required by law.

Legacy Housing Corporation Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Annual Report on Form 10-K

Retrieved on: 
Wednesday, April 6, 2022

Nasdaq Listing Rule 5250(c)(1), in pertinent part, requires the Company to timely file all required periodic reports with the Securities and Exchange Commission.

Key Points: 
  • Nasdaq Listing Rule 5250(c)(1), in pertinent part, requires the Company to timely file all required periodic reports with the Securities and Exchange Commission.
  • The Company previously reported that it anticipated a delay in filing the Form 10-K, as disclosed in the Company's Current Report on Form 8-K filed on March 31, 2022.
  • Under the Nasdaq Listing Rules, the Company has until May 31, 2022, to submit to Nasdaq a plan to regain compliance.
  • Legacy Housing undertakes no obligation to update any such forward-looking statements after the date hereof, except as required by law.

Skyline Homes Ranks Highest in Brand Trust for Second Consecutive Year in America's Most Trusted Study, Lifestory Research Reports

Retrieved on: 
Wednesday, January 5, 2022

In the Lifestory Research 2022 America's Most Trusted Study,55,006 people were surveyed and asked their opinions of manufactured home builders.

Key Points: 
  • In the Lifestory Research 2022 America's Most Trusted Study,55,006 people were surveyed and asked their opinions of manufactured home builders.
  • Skyline Homes captured the highest Net Trust Quotient score (107.7) among home shoppers and earned the #1 ranking in the 2022 Lifestory Research America's Most Trusted study.
  • Lifestory Research is an independent, science-driven consumer insights and strategy consulting firm that ignites relationships between companies and audiences.
  • About Lifestory Research and America's Most TrustedAdvertising/Promotional Rules:
    America's Most Trusted is a registered trademark of Lifestory Corporation.

Legacy Housing Corporation Reports Third Quarter 2021 Financial Results

Retrieved on: 
Wednesday, November 10, 2021

BEDFORD, Texas, Nov. 09, 2021 (GLOBE NEWSWIRE) -- Legacy Housing Corporation (NASDAQ: LEGH) today announced its financial results for the third quarter ended September 30, 2021.

Key Points: 
  • BEDFORD, Texas, Nov. 09, 2021 (GLOBE NEWSWIRE) -- Legacy Housing Corporation (NASDAQ: LEGH) today announced its financial results for the third quarter ended September 30, 2021.
  • Interest revenue from our consumer and mobile home park portfolios for the third quarter of 2021 was $7.3 million.
  • Income from operations during the third quarter of 2021 was $17.6 million compared to the $10.8 million recorded in the third quarter of 2020.
  • Legacy Housing undertakes no obligation to update any such forward-looking statements after the date hereof, except as required by law.

Legacy Housing Corporation Reports Second Quarter 2021 Financial Results

Retrieved on: 
Monday, August 9, 2021

BEDFORD, Texas, Aug. 09, 2021 (GLOBE NEWSWIRE) -- Legacy Housing Corporation (NASDAQ: LEGH) today announced its financial results for the Second quarter ended June 30, 2021.

Key Points: 
  • BEDFORD, Texas, Aug. 09, 2021 (GLOBE NEWSWIRE) -- Legacy Housing Corporation (NASDAQ: LEGH) today announced its financial results for the Second quarter ended June 30, 2021.
  • Legacy Housing Corporation builds, sells and finances manufactured homes and "tiny houses" that are distributed through a network of independent retailers and company-owned stores and are sold directly to manufactured housing communities.
  • As a result, our actual results or performance may differ materially from anticipated results or performance.
  • Legacy Housing undertakes no obligation to update any such forward-looking statements after the date hereof, except as required by law.