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Nobility Homes, Inc. Announces Sales and Earnings for Its Third Quarter 2009.

Publication: Real Estate Weekly News
Publication Date: 25-SEP-09 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Nobility Homes, Inc. Announces Sales and Earnings for Its Third Quarter 2009.(Financial report)

Article Excerpt
Today Nobility Homes, Inc. (NASDAQ:NOBH) announced sales and earnings results for its third quarter ended August 1, 2009. Sales for the third quarter of 2009 were $3,082,551 as compared to $7,395,885 recorded in third quarter of 2008. Loss from operations for the third quarter of 2009 was $299,019 versus income of $213,055 in the same period a year ago. Net income after taxes was $21,862 as compared to income of $397,561 for the same period last year. The net income after taxes of $21,862 for the third quarter of 2009 came after deducting $85,306 in non-cash losses for our investment in two retirement community limited partnerships and included a tax benefit of $278,860. Income for the third quarter of 2009 was $0.01 per diluted share compared to earnings of $0.10 per diluted share last...

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