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Home > Business, Company News, Manufactured Homes, News Item > Nobility Homes Improves in 2014 Q1

Nobility Homes Improves in 2014 Q1

March 17th, 2014

For the first quarter ending Feb. 1, 2014, Nobility Homes, Inc. (NOBH) reports sales increased 23 percent to $4,191,429 over the $3,401,667 for the comparable period in 2013. Net income based on those sales after taxes increased to $103,402, well above the $4,845 for the same period of 2013. Working capital is $20,733,501, according to globenewswire.com, stockholders’ equity is $35,319,524 and there is no outstanding debt. As MHProNews.com reported Friday, March 14, the stock of the manufactured home producer closed at $11.65, but has advanced in today’s trading (March 17) to $12.00. Nobility is headquartered in Ocala, Florida. ##

(Image credit: Nobility Homes, Inc.)

 


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