June 27, 2006 - Modern Distribution Management

June 27, 2006

Homebuilder Lennar 2Q Sales Up; Reports Slowdown in Orders

Lennar Corporation, Miami, FL, one of the nation’s largest homebuilders, reported revenues for its second quarter ended May 31, 2006, were up 56% to $4.6 billion. Profit was up 39% to $324.7 million. Stuart Miller, president and Chief Executive Officer of Lennar Corporation, said: “After a long period of steady growth, the homebuilding industry has slowed,

Homebuilder Lennar 2Q Sales Up; Reports Slowdown in Orders Read More »

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