Clayton Homes Inc. Announces February Results.Business Editors KNOXVILLE, Tenn.--(BUSINESS WIRE)--March 14, 2003 Clayton Homes, Inc. (NYSE NYSE See: New York Stock Exchange :CMH CMH Center of Military History CMH Commission on Macroeconomics and Health CMH Chief of Military History CMH Children's Memorial Hospital CMH Ceramic Metal Halide (General Electric light source) CMH Congressional Medal of Honor ), a leading national manufactured housing Manufactured housing (also known as prefab housing) is a type of housing unit that is largely assembled in factories and then transported to sites of use. In the United States, the term "manufactured home" specifically refers to a house built entirely in a protected company, today announced preliminary operating results for the month of February 2003. -0-
% Change From
$ in thousands February 2002
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Retail
New and Used Sales Dollars $33,600 -18%
Manufacturing
Total Deliveries $34,500 -15%
Communities
Total Revenues $10,200 +38%
Vanderbilt
Originations from Retail and Communities $49,700 +5%
With larger and more complex homes to deliver, coupled with increased regulations, the timeline for installation is extended. Completed sales at Retail were delayed due to seasonal and inclement in·clem·ent adj. 1. Stormy: inclement weather. 2. Showing no clemency; unmerciful. in·clem weather. Clayton Homes, Inc. is a vertically integrated manufactured housing company with 20 manufacturing plants, 290 Company owned stores, 622 independent retailers, 84 manufactured housing communities, and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. operations that provide mortgage services for 165,000 customers and insurance protection for 100,000 families. |
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