Dominion Homes Reports Record Third Quarter.Business Editors DUBLIN Dublin, city, Republic of Ireland Dublin, Irish Baile Átha Cliath, county borough (1991 pop. 915,516), Leinster, capital of the Republic of Ireland, on Dublin Bay at the mouth of the Liffey River. , Ohio--(BUSINESS WIRE)--Oct. 11, 2001 Dominion dominion, power to rule, or that which is subject to rule. Before 1949 the term was used officially to describe the self-governing countries of the Commonwealth of Nations—e.g., Canada, Australia, or India. Homes, Inc. (Nasdaq:DHOM) reported that the number of homes sold during the three months ended September September: see month. 30, 2001 increased 37% to a third quarter record 484 homes compared to 353 homes for the same period a year ago. The sales value of the homes sold in third quarter 2001 increased 33% to $89.7 million compared to $67.6 million in 2000. The Company closed 631 homes during third quarter 2001, a 31% increase over the 482 homes closed during third quarter 2000. The Company had a backlog Backlog The total value of sales orders waiting to be fulfilled. Notes: This figure is used mainly in the manufacturing industry. Increases or decreases in a company's backlog indicate the future direction of sales and earnings. of 1,112 contracts, with a sales value of $214.7 million, at September 30, 2001 compared to 887 contracts, with a sales value of $174.0 million, at September 30, 2000. This represents a 25% increase in the number of homes in backlog and a 23% increase in the sales value of homes in backlog. Third quarter 2001 financial results will be announced in late October October: see month. , 2001. Dominion Homes, which is included in the Year 2000 List of the "200 Best Small Companies" published by Forbes Magazine, offers four distinct series of homes which are differentiated by size, price, standard features and available options. The Company also places mortgage financing for its homebuyers. The Company's "Best of Everything" philosophy focuses on providing its customers with unsurpassed products, quality and customer service. There are currently over 40 Dominion Homes locations in Central Ohio and six locations in Louisville, Kentucky  “Louisville” redirects here. For other uses, see Louisville (disambiguation). . Additional information about the Company and its homes is located on the World Wide Web at www.dominionhomes.com. |
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