EX-99.1 3 a2073231zex-99_1.txt EXHIBIT 99.1 EXHIBIT 99.1 MONDAY MARCH 4, 4:14 PM EASTERN TIME PRESS RELEASE BEAZER HOMES USA, INC. REPORTS FEBRUARY HOME ORDERS ATLANTA, March 4 /PRNewswire-FirstCall/-- Beazer Homes USA, Inc. (NYSE: BZH - NEWS; www.beazer.com) today released preliminary unit net orders for the one-month and two-month periods ended February 28, 2002.
New Orders (units) New Orders (units) Month Two Months Ended February 28, Ended February 28, 2002 2001 Change 2002 2001 Change Southeast 401 427 -6.1% 728 795 -8.4% West 417 348 19.8% 811 705 15.0 Central 112 123 -8.9% 214 185 15.7% Mid-Atlantic 141 166 -15.1% 262 259 1.2% Total 1,071 1,064 0.7% 2,015 1,944 3.7%
New orders for the West region include 26 and 43 units for the one and two-month periods ended February 28, 2002, respectively, from Sanford Homes of Colorado. Beazer acquired Sanford Homes effective August 1, 2001. New orders for the one-month periods ended February 28, 2002 and 2001 include 50 and 37 units, respectively, for affordable housing developments being built through governmental programs. New orders for the two-month periods ended February 28, 2002 and 2001 include 63 and 37 units, respectively, being built through such programs. Beazer Homes USA, Inc., based in Atlanta, Georgia, is one of the country's ten largest single-family homebuilders with operations in Arizona, California, Colorado, Florida, Georgia, Maryland, Nevada, New Jersey, North Carolina, Pennsylvania, South Carolina, Tennessee, Texas, and Virginia. Beazer Homes also provides mortgage origination and title services to its homebuyers. SOURCE: BEAZER HOMES USA, INC.