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Beazer pivots to a mix-shift into higher-margin homes after a Q1 loss
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Beazer pivots to a mix-shift into higher-margin homes after a Q1 loss
The quarterly earnings results for Beazer Homes are, to put it mildly, forgettable. Or, at least, Beazer’s senior leadership hopes that’s the case. A net quarterly loss, a highly compressed gross profit margin that fell short of expectations, and a frustratingly low sales pace all cause concern. Beazer reported a Q1 net loss of $32.6 million, a red flag for Wall Street analysts and investors, which led to a roughly 11% drop in Beazer Homes’ (BZ…
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