-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, D9jeUaBQtHRr5cEqzKSoUA3vHM8W+giI80YCBPZAQHilj1SJHzy1mK12Ylkyn0H4 QygbzOGy1cbXrZZJv3Q1sg== 0000950134-05-000609.txt : 20050112 0000950134-05-000609.hdr.sgml : 20050112 20050112161317 ACCESSION NUMBER: 0000950134-05-000609 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20050111 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050112 DATE AS OF CHANGE: 20050112 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HORTON D R INC /DE/ CENTRAL INDEX KEY: 0000882184 STANDARD INDUSTRIAL CLASSIFICATION: OPERATIVE BUILDERS [1531] IRS NUMBER: 752386963 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-14122 FILM NUMBER: 05526019 BUSINESS ADDRESS: STREET 1: D.R. HORTON TOWER STREET 2: 301 COMMERCE STREET, SUITE 500 CITY: FORT WORTH STATE: TX ZIP: 76102 BUSINESS PHONE: 8173908200 MAIL ADDRESS: STREET 1: D.R. HORTON TOWER STREET 2: 301 COMMERCE STREET, SUITE 500 CITY: FORT WORTH STATE: TX ZIP: 76102 8-K 1 d21675e8vk.htm FORM 8-K e8vk
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

Current Report
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

January 11, 2005
(Date of Report—Date of Earliest Event Reported)

D.R. Horton, Inc.

(Exact Name of Registrant as Specified in its Charter)
         
Delaware
(State or Other Jurisdiction
of Incorporation)
  1-14122
(Commission File Number)
  75-2386963
(IRS Employer Identification No.)

D.R. Horton Tower, 301 Commerce Street, Suite 500,
Fort Worth, Texas 76102
(Address of Principal Executive Offices)

(817) 390-8200
(Registrant’s Telephone Number, Including Area Code)

1901 Ascension Boulevard, Suite 100, Arlington, Texas 76006
(Former Name or Former Address, if Changed Since Last Report)

o       Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o       Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o       Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o       Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))



 


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Item 2.02 Results of Operations and Financial Condition.
Item 9.01 Financial Statements and Exhibits.
SIGNATURE
EXHIBIT INDEX
Press Release


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Item 2.02 Results of Operations and Financial Condition.

     On January 11, 2005, D.R. Horton, Inc. issued a press release announcing its Net Sales Orders for the first quarter ended December 31, 2004. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference in its entirety into this Item 2.02.

     The information furnished in this Item 2.02 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.

Item 9.01 Financial Statements and Exhibits.

(c) Exhibits:

99.1 Press Release dated January 11, 2005 related to the Company’s Net Sales Orders for the first quarter ended December 31, 2004.

 


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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: January 11, 2005
         
  D. R. Horton, Inc.
 
 
  By:   /s/ Bill W. Wheat    
    Bill W. Wheat   
    Executive Vice President and
Chief Financial Officer 
 
 

 


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EXHIBIT INDEX

     
Exhibit    
Number   Exhibit
99.1
  Press Release dated January 11, 2005 (filed with this report).

 

EX-99.1 2 d21675exv99w1.htm PRESS RELEASE exv99w1
 

Exhibit. 99.1

Stacey Dwyer, EVP
301 Commerce Street, Ste. 500, Fort Worth, Texas 76102
817-856-8200
January 11, 2005

D.R. HORTON, INC. REPORTS A 31% INCREASE IN NET SALES ORDERS FOR THE FIRST QUARTER OF FISCAL YEAR 2005

     FORT WORTH, TEXAS – D.R. Horton, Inc. (NYSE:DHI) Tuesday (January 11, 2005) reported record first quarter net sales orders. Net sales orders for the quarter ended December 31, 2004 increased 31% to $2.7 billion (9,901 homes) compared to $2.0 billion (8,234 homes) for the same quarter of fiscal year 2004.

     Donald R. Horton, Chairman of the Board, said, “We are extremely pleased that every region reported increased sales. Our continued sales momentum and strong backlog position the Company for another record year in fiscal 2005.”

     D.R. Horton, Inc., America’s Builder, is the largest homebuilder in the United States, delivering more than 43,000 homes in its fiscal year ended September 30, 2004. Founded in 1978 in Fort Worth, Texas, D.R. Horton has expanded its presence to include 63 markets in 21 states in the Midwest, Mid-Atlantic, Southeast, Southwest and Western regions of the United States. The Company is engaged in the construction and sale of high quality homes with sales prices ranging from $80,000 to over $900,000. D.R. Horton also provides mortgage financing and title services for homebuyers through its mortgage and title subsidiaries.

     Portions of this document may constitute “forward-looking statements” as defined by the Private Securities Litigation Reform Act of 1995. Although D.R. Horton believes any such statements are based on reasonable assumptions, there is no assurance that actual outcomes will not be materially different. All forward-looking statements are based upon information available to D.R. Horton on the date this release was issued. D.R. Horton does not undertake any obligation to publicly update or revise

 


 

any forward-looking statements, whether as a result of new information, future events or otherwise. Forward-looking statements in this release relate to the Company’s sales momentum and strong backlog at December 31, 2004 positioning the Company for another record year in fiscal 2005. Factors that may cause the actual results to be materially different from the future results expressed by the forward-looking statements include, but are not limited to: changes in general economic, real estate and business conditions; changes in interest rates and the availability of mortgage financing; warranty and product liability claims; our substantial debt; governmental regulations and environmental matters; competitive conditions within the industry; the availability of capital to the Company on favorable terms; the Company’s ability to integrate acquisitions and successfully effect the cost savings, operating efficiencies and revenue enhancements that are believed available and otherwise to successfully effect its other growth strategies. Additional information about issues that could lead to material changes in performance is contained in D.R. Horton’s annual report on Form 10-K and most recent quarterly reports on Form 10-Q, which are filed with the Securities and Exchange Commission.

D.R. HORTON, INC.
($ in millions)

NET SALES ORDERS

                                 
    Quarter Ended December 31,  
    2003     2004  
    Homes     $     Homes     $  
Mid-Atlantic
    715     $ 166.7       1,037     $ 276.9  
Midwest
    411       125.2       429       124.8  
Southeast
    1,173       251.6       1,759       410.6  
Southwest
    3,280       554.8       3,938       738.8  
West
    2,655       935.4       2,738       1,104.6  
 
                       
Total
    8,234     $ 2,033.7       9,901     $ 2,655.7  
 
                       

WEBSITE ADDRESS: www.DRHORTON.com

 

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