Arlington-based homebuilding giant D.R. Horton Inc. saw a surge in sales orders in its second fiscal quarter that ended in March as buyer demand returned to...
Despite the slowdown in the market, the company closed on its millionth home to date, which chairman Donald Horton said marked a first for any homebuilder. D.R. Horton is the largest homebuilder in the nation by volume.
D.R. Horton President and CEO David Auld told investors in an earnings call Thursday that the company’s buyer demand, D.R. Horton earned $942.2 million in the second fiscal quarter that ended in March, down 49% from $1.4 billion in the same period of 2022. Its revenue from homebuilding was $7.5 billion, about the same as in the same quarter last year.
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