KB Home reported a 20% drop in Q3 revenue to $1.3 billion and a 19% decline in homes delivered due to a challenging housing market with higher mortgage rates and economic uncertainty. Despite these headwinds, the company improved its housing gross profit margin by focusing on Built to Order homes and increased its community count. Net income fell to $65.3 million with diluted EPS of $1.05, but KB Home repurchased $50 million of common stock in the quarter and expects full-year deliveries and revenues within prior guidance. The company remains committed to shareholder returns and future growth investments amid ongoing market pressures.
KB Home's Q3 2026 results provide context for readers. For those following the Consumer Cyclical sector, 69 of 111 US stocks rose and 41 fell on Pluang. Notable movers include Capri Holdings Ltd at USD 15.29 (+6.85%), GameStop Corp. at USD 24.28 (+6.68%), and Newegg Commerce Inc at USD 14.75 (+5.73%). Data is as of Sep 23, 2026 01:42 WIB.
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