Exhibit 99.1

		Controlling Our Future through Vertical Integration

NOBILITY HOMES, INC. ANNOUNCES INCREASED SALES AND EARNINGS FOR ITS FISCAL YEAR 2015

Ocala, FL…December 17, 2015 - Today Nobility Homes, Inc. (OTCQX: NOBH) announced increased sales and earnings results for its fiscal year ended October 31, 2015. Sales for fiscal year 2015 were up 32% to $27,836,804 as compared to $21,152,259 recorded in fiscal year 2014. Income from operations for fiscal year 2015 was $2,941,452 versus $1,311,030 in the same period a year ago. Net income after taxes was $2,915,395 as compared to $1,257,898 for the same period last year. The net income after taxes for fiscal year 2015 included a $146,403 non-cash loss from our investment in one retirement community limited partnership. Diluted earnings per share for fiscal year 2015 were $0.72 per share compared to $0.31 per share last year.

For the fourth quarter of fiscal 2015, sales increased 37% to $8,494,623 as compared to sales of $6,183,165 in the fourth quarter of last fiscal year. Income from operations for the fourth quarter of 2015 was $1,068,641 versus $632,090 in the same period last year. Net income after taxes was $1,008,284 versus last year’s results of $617,328. Diluted earnings per share for the fourth quarter were $0.25 per share versus earnings of $0.15 per share last year.

Nobility’s financial position during fiscal year 2015 remains very strong with cash and cash equivalents and short term investments of $17,231,870 and no outstanding debt. Working capital is $25,702,925 and our ratio of current assets to current liabilities is 8.7:1. Stockholders’ equity is $39,095,752 and the book value per share of common stock increased to $9.70.

Terry Trexler, President, stated, “The demand for affordable manufactured housing in Florida and the U.S. is improving. According to the Florida Manufactured Housing Association, shipments in Florida for the period from November 2014 through October 2015 were up approximately 29% from the same period last year. Our sales and earnings continue to be affected by the challenging housing environment, the uncertainty of the U.S. and world economy, employment levels, consumer confidence and, in particular, the lack of available retail and wholesale financing. Constrained consumer credit and the lack of lenders in the industry, partly as a result of an increase in government regulations, have limited many affordable manufactured housing buyers from purchasing homes.

We understand that during this uncertain economic environment, maintaining our strong financial position is vital for future growth and success. Because of the recent years of very challenging business conditions in our market area, management will continue to evaluate all expenses and react in a manner consistent with maintaining our strong financial position.

Our 48 years of experience in the Florida market, combined with home buyers’ increased need for more affordable housing, should serve the Company well in the coming years. Management remains convinced that our specific geographic market is one of the best long-term growth areas in the country.”

The Company has specialized for 48 years in the design and production of quality, affordable manufactured homes at its plant located in central Florida. With multiple retail sales centers, an insurance subsidiary, and investments in retirement manufactured home communities, the Company is the only vertically integrated manufactured home company headquartered in Florida.

MANAGEMENT WILL NOT HOLD A CONFERENCE CALL. IF YOU HAVE ANY QUESTIONS, PLEASE CALL TERRY OR TOM TREXLER @ 800-476-6624 EXT 221 OR TERRY@NOBILITYHOMES.COM OR TOM@NOBILITYHOMES.COM

Certain statements in this report are forward-looking statements within the meaning of the federal securities laws. Although Nobility believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, there are risks and uncertainties that may cause actual results to differ materially from expectations. These risks and uncertainties include, but are not limited to, competitive pricing pressures at both the wholesale and retail levels, increasing material costs, continued excess retail inventory, increase in repossessions, changes in market demand, changes in interest rates, availability of financing for retail and wholesale purchasers, consumer confidence, adverse weather conditions that reduce sales at retail centers, the risk of manufacturing plant shutdowns due to storms or other factors, the impact of marketing and cost-management programs, reliance on the Florida economy, impact of labor shortage, impact of materials shortage, increasing labor cost, cyclical nature of the manufactured housing industry, impact of rising fuel costs, catastrophic events impacting insurance costs, availability of insurance coverage for various risks to Nobility, market demographics, management’s ability to attract and retain executive officers and key personnel, increased global tensions, market disruptions resulting from terrorist or other attack and any armed conflict involving the United States and the impact of inflation.

NOBILITY HOMES, INC.

Consolidated Balance Sheets

	October 31, 2015			November 1, 2014
Assets
Current assets:
Cash and cash equivalents	$	16,769,292		$	14,116,412
Short-term investments		462,578			496,444
Accounts receivable - trade		2,937,922			2,141,468
Mortgage notes receivable, current		9,851			7,126
Income tax receivable		335			5,964
Inventories		6,019,705			5,516,540
Pre-owned homes, current		1,366,974			2,839,203
Prepaid expenses and other current assets		826,180			286,990
Deferred income taxes		655,193			508,633
Total current assets		29,048,030			25,918,780
Property, plant and equipment, net		3,964,878			3,957,071
Pre-owned homes		2,724,190			1,711,000
Mortgage notes receivable, long term		177,644			180,800
Other investments		2,243,729			2,751,663
Deferred income taxes		1,210,630			1,487,367
Cash surrender value of life insurance		2,915,469			2,765,137
Other assets		156,287			156,287
Total assets	$	42,440,857		$	38,928,105
Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable	$	704,467		$	502,259
Accrued compensation		390,573			320,502
Accrued expenses and other current liabilities		926,204			526,296
Customer deposits		1,323,861			1,029,088
Total current liabilities		3,345,105			2,378,145
Commitments and contingent liabilities
Stockholders’ equity:
Preferred stock, $.10 par value, 500,000 shares authorized; none issued and outstanding		—
Common stock, $.10 par value, 10,000,000 shares authorized; 5,364,907 shares issued		536,491			536,491
Additional paid in capital		10,650,723			10,643,866
Retained earnings		37,493,077			34,577,682
Accumulated other comprehensive income		247,724			281,590
Less treasury stock at cost, 1,333,338 shares in 2015 and 1,301,038 shares in 2014		(9,832,263	)		(9,489,669	)
Total stockholders’ equity		39,095,752			36,549,960
Total liabilities and stockholders’ equity	$	42,440,857		$	38,928,105

NOBILITY HOMES, INC.

Consolidated Statements of Comprehensive Income

	Three Months Ended						Twelve Months Ended
	October 31, 2015			November 1, 2014			October 31, 2015			November 1, 2014
Net sales	$	8,494,623		$	6,183,165		$	27,836,804		$	21,152,259
Cost of goods sold		(6,634,387	)		(4,721,615	)		(21,701,429	)		(16,780,713	)
Gross profit		1,860,23			1,461,550			6 ,135,375			4,371,546
Selling, general and administrative expenses		(791,595	)		(829,460	)		(3,193,923	)		(3,060,516	)
Operating income		1,068,641			632,090			2,941,452			1,311,030
Other income (loss):
Interest income		19,576			24,024			59,985			63,137
Undistributed earnings in joint venture - Majestic 21		32,442			29,008			138,469			134,921
Losses from investments in retirement community limited partnerships		—			(90,176	)		(146,403	)		(321,531	)
Miscellaneous		17,802			25,560			57,698			74,377
Total other income (loss)		69,820			(11,584	)		109,749			(49,096	)
Income before provision for income taxes		1,138,461			620,506			3,051,201			1,261,934
Income tax expense		(130,177	)		(3,178	)		(135,806	)		(4,036	)
Net income		1,008,284			617,328			2,915,395			1,257,898
Other comprehensive income (loss)
Unrealized investment gain (loss)		(32,857	)		15,083			(33,866	)		41,212
Comprehensive income	$	975,427		$	632,411		$	2,881,529		$	1,299,110
Weighed average number of shares outstanding:
Basic		4,037,140			4,062,640			4,052,865			4,059,668
Diluted		4,037,928			4,063,700			4,053,362			4,060,654
Net income per share:
Basic	$	0.25		$	0.15		$	0.72		$	0.31
Diluted	$	0.25		$	0.15		$	0.72		$	0.31