Toll Brothers Inc
TOL: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| j>! | LOCK|NHh | LOCK|%?d@Lw |
Toll Brothers Earnings: Good Profit Margins Continue Despite Challenged US Housing Market
Toll Brothers' fiscal third-quarter new orders declined 4% year over year, but the average selling price of new orders increased 4.5% to over $1 million. Management continues to prioritize profit margins over sales pace; adjusted gross profit margin of 27.5% topped guidance by 25 basis points.
