LGI Homes Reports Record August 2021 Home Closings
04 September 2021 - 7:49AM
LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 776 homes
in August 2021, up from 669 homes closed in August 2020,
representing year-over-year growth of 16.0%. The Company ended the
first eight months of 2021 with 7,123 home closings, a 39.1%
increase over 5,120 home closings during the first eight months of
2020.
As of August 31, 2021, the Company had 102
active selling communities.
About LGI Homes, Inc.
LGI Homes, Inc. is a pioneer in the homebuilding
industry, successfully applying an innovative and systematic
approach to the design, construction and sale of homes. As one
of America’s fastest growing companies, LGI Homes has a notable
legacy of more than 18 years of homebuilding excellence, over which
time it has closed more than 50,000 homes and has been profitable
every year. Headquartered in The Woodlands, Texas, LGI Homes has
operations across 35 markets in 19 states and, since 2018, has been
ranked as the 10th largest residential builder in the United States
based on units closed. Nationally recognized for its quality
construction and exceptional customer service, LGI Homes’
commitment to excellence extends to its more than 900 employees,
earning the Company numerous workplace awards at the local, state
and national level, including Top Workplaces USA’s 2021 Cultural
Excellence Award. For more information about LGI Homes and its
unique operating model focused on making the dream of homeownership
a reality for families across the nation, please visit the
Company’s website at www.lgihomes.com.
CONTACT:Joshua D. FattorVice President of
Investor Relations(281) 210-2619investorrelations@lgihomes.com
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