LGIH June / Q2 Home closings report

A quick look at last years April thru June months shows inconsistent home closing numbers as well. Sales even out over the course of the quarter.

THE WOODLANDS, Texas, May 5, 2015 (GLOBE NEWSWIRE) – LGI Homes, Inc. (Nasdaq:LGIH) today announced 267 homes closed in April 2015, up from 191 home closings in April 2014, representing year-over-year growth of 39.8%. As of the end of April 2015, the Company had 44 active selling communities.

THE WOODLANDS, Texas, June 2, 2015 (GLOBE NEWSWIRE) – LGI Homes, Inc. (Nasdaq:LGIH) today announced 255 homes closed in May 2015, up from 228 home closings in May 2014, representing year-over-year growth of 11.8%. As of the end of May 2015, the Company had 44 active selling communities.

THE WOODLANDS, Texas, July 2, 2015 (GLOBE NEWSWIRE) – LGI Homes, Inc. (Nasdaq:LGIH) today announced an all-time record for closings during a single month in June 2015, surpassing its previous record set in March 2015. Home closings for June 2015 totaled 331, up from 243 homes closed in June 2014, representing year-over-year growth of 36.2%.
In addition, the Company announced record-setting quarterly closings of 853 for the second quarter of 2015, finishing out the first six months of the year with a total of 1,524 homes closed, a 32.9% increase over homes closed during the first six months of 2014.

JT