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Nov 7, 2025 8:00 PM

Legacy Housing Corporation Reports Third Quarter 2025 Financial and Operating Results

BEDFORD, Texas, Nov. 07, 2025 (GLOBE NEWSWIRE) -- Legacy Housing Corporation (("Legacy Housing" or the "Company, NASDAQ:LEGH), a leading manufacturer of community-focused manufactured homes, today announced financial results for the third quarter ended September 30, 2025. The Company reported product sales of $28.8 million, a decrease of 4.6% compared to the same period last year. The quarter saw a delivery of 420 floor sections, down from 475 in the prior-year period, continuing a trend of lower unit volumes with increased net revenue per unit. Despite these challenges, Legacy Housing's book value per share(1) rose by 10.2% year-over-year, reflecting ongoing financial resilience.

Following the end of the quarter, Legacy Housing experienced significant executive transitions, with the departures of its Chief Executive Officer, Chief Financial Officer and General Counsel. The return of founders Kenneth Shipley and Curtis Hodgson has Legacy Housing refocused on both cost discipline and expanding sales opportunities as the year-end approaches.

Curt Hodgson, Executive Chairman, commented: "We are very focused on getting back to basics: providing great value for our customers, controlling costs and delivering profits for our investors."

The Company held a major industry show in late September that ...