KB Home (STU:KBH)
€ 64.5 1 (1.57%) Market Cap: 4.95 Bil Enterprise Value: 5.92 Bil PE Ratio: 9.59 PB Ratio: 1.38 GF Score: 91/100

KB Home at JPMorgan Homebuilding and Building Products Conference Transcript

May 17, 2023 / 03:40PM GMT
Release Date Price: €41.78 (+1.33%)
Michael Jason Rehaut
JPMorgan Chase & Co, Research Division - Senior Analyst

Good morning. Thanks for joining us as we're rounding out the morning of our -- of Day 2 of our 16th Annual JPMorgan Homebuilding and Building Products Conference. My name is Mike Rehaut. I'm the senior analyst covering the homebuilding and building product names for JPMorgan. We're excited to have with us KB Home CEO, Jeff Mezger; CFO, Jeff Kaminski; and VP of Investor Relations, Jill Peters. Well, this presentation will be a fireside chat. I'll be asking a series of questions. (Operator Instructions)

I'll turn it over to Jill for some brief remarks, and then we'll go into Q&A.

Jill S. Peters
KB Home - SVP of IR

Good morning, everyone, and thank you, Mike, for hosting us today. For those investors who are newer to the KB Home story, we are one of the largest homebuilders in the U.S. with the primary focus on serving first-time and affordable first move-up buyers, who accounted for 73% of our deliveries in our 2023 first quarter.

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