PulteGroup (PHM) Updates Select Guidance for Q3 and Full Year 2021

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Go back to PulteGroup (PHM) Updates Select Guidance for Q3 and Full Year 2021

PulteGroup Updates Select Guidance for Q3 and Full Year 2021

September 8, 2021 7:30 AM EDT

Increased Supply Chain Disruptions and Shortages of Key Building Products Continue to Impact the Pace of Homebuilding Operations

ATLANTA--(BUSINESS WIRE)-- In advance of upcoming investor conferences, PulteGroup, Inc. (NYSE: PHM) announced today updated closing guidance for its third quarter and full year 2021. PulteGroup currently expects third quarter closings to increase approximately 8% over last year to 7,000 homes. For the full year, the Company expects closings to increase approximately 19% to 21% to between 29,250 and 29,750 homes.

Despite the extraordinary efforts of our trade partners, the supply chain issues that have plagued... More