May 20, 2021 / 02:55PM GMT
Michael Jason Rehaut - JPMorgan Chase & Co, Research Division - Senior Analyst
(technical difficulty)
As well. I'm going to start off, though, as I have with other builders, maybe with some more industry-level questions and then drill down into some of the company specifics.
Questions and Answers:
Michael Jason Rehaut - JPMorgan Chase & Co, Research Division - Senior AnalystSo just to start off, I think one of the questions I've kind of put across most of the companies has been the demand trends and really how to think about the next few quarters as we look into the back half of the calendar year. It's obviously been a very unusual period for the last few quarters in terms of the -- just how -- almost like a light switch, right? Right after COVID hit, the amount of demand that kind of flooded into the industry.
The natural question is, for many investors, how should we think about this going forward, particularly as not only are you facing tough comps, but, in addition, COVID might represent a return to normal patterns as
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