EX-99 3 a03-3869_1ex99.htm EX-99

Exhibit 99.1

 

 

Press Release

 

For Immediate Release

 

Beazer Homes USA, Inc. Reports Home Orders for the Quarter and
Year Ended September 30, 2003

 

Atlanta, Ga., October 6, 2003-Beazer Homes USA, Inc. (NYSE:BZH) (www.beazer.com) today released preliminary unit net orders for the quarter and year ended September 30, 2003.

 

 

 

New Orders (Units)
For the Quarter Ended September 30,

 

 

 

2003

 

2002

 

%
Change

 

Southeast

 

1,298

 

1,185

 

9.5

%

West

 

1,452

 

1,175

 

23.6

%

Central

 

268

 

327

 

-18.0

%

Mid-Atlantic

 

273

 

263

 

3.8

%

Midwest

 

571

 

781

 

-26.9

%

Total

 

3,862

 

3,731

 

3.5

%

 

 

 

New Orders (Units)
For the Year Ended September 30,

 

 

 

2003

 

2002

 

%
Change

 

Southeast

 

5,614

 

4,623

 

21.4

%

West

 

5,142

 

4,669

 

10.1

%

Central

 

1,128

 

1,244

 

-9.3

%

Mid-Atlantic

 

1,655

 

1,365

 

21.2

%

Midwest

 

2,777

 

1,709

 

62.5

%

Total

 

16,316

 

13,610

 

19.9

%

 

New orders for the year ended September 30, 2003, include orders from Crossmann Communities, Inc., which Beazer acquired effective April 17, 2002.  On a pro forma basis, new orders for the year ended September 30, 2002, including Crossmann’s orders would have been 15,963.

 

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, Delaware, Florida, Georgia, Indiana, Kentucky, Maryland, Mississippi, Nevada, New Jersey, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Texas and Virginia.  Beazer Homes also provides mortgage origination and title services to its homebuyers.

 

Contact:

 

Leslie H. Kratcoski

 

 

Director, Investor Relations

 

 

(770) 829-3700

 

 

lkratcos@beazer.com