1642 ET - KB Home says recent geopolitical tensions add another headwind that could keep potential homebuyers on the sidelines. "Concerns surrounding the conflict in the Middle East have introduced an additional layer of uncertainty for consumers who were already working through numerous challenges," Executive Chairman Jeffrey Mezger says. Still, the company believes it is well positioned to navigate the current environment, Mezger says, given its personalized homebuilding services and financial flexibility. In the company's latest quarter, profit and revenue both slid, and the company delivered 14% fewer homes compared to a year ago. (kelly.cloonan@wsj.com)
(END) Dow Jones Newswires
March 24, 2026 16:42 ET (20:42 GMT)
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