6309 Monarch Park Place, Suite 203
Niwot, CO 80503, USA
Phone (303) 443-5060
Toll free (888) 742-5060
Deliver Distribution News to Your Inbox
Sign up below to receive MDM Update, your free weekly distribution news update by email.
For the first six months, sales increased 11.3 percent to $372.9 million, The half-year loss reported was $50.4 million, compared with a year ago loss of $53.2 million.
"An extremely volatile commodity market during the quarter added to what was already one of the toughest housing markets in our nation's history," CEO Floyd Sherman said. "There still appears to be a significant amount of uncertainty in the macroeconomic factors that drive our business. We will continue managing our business in the same conservative manner as we have over the past several years and will do so until greater clarity returns to the homebuilding sector."