Receive a complete Daily History of this Stock You can receive a complete daily file of this issue since 1970 or stock inception. We will email you the file in ASCII format within a few hours or ordering. Product Details | Order

Business Description
KB Home is a homebuilder based in the United States with operations in California, Arizona, Nevada, New Mexico, Colorado, Illinois, Texas, Florida, Georgia and North Carolina. In addition, Kaufman & Broad S.A., the Company's majority-owned subsidiary, is a homebuilder with operations primarily in France. During the fiscal year ended November 30, 2003 (fiscal 2003), KB Home delivered 27,331 homes in the United States and France. In fiscal 2003, the Company operated an average of 392 active communities compared with 330 communities during the fiscal year ended November 30, 2002. KB Home also provides mortgage banking services to the majority of its domestic homebuyers through its wholly owned subsidiary, KB Home Mortgage Company.

Financial Information
For the nine months ended 8/31/04, total revenues increased 17% to $4.67 billion. Net income rose 27% to $294.2 million. Revenues reflect an increase in volume of homes sold and higher selling prices. Higher income also reflects operational improvements and a decrease in interest expenses.