Toll Brothers: Luxury Homebuilder Increases Revenue to $2.88 Billion
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Toll Brothers, Inc. (NYSE: TOL) reported solid results for the third quarter of fiscal year 2025. With 2,959 homes delivered, the company generated revenue of $2.88 billion, a 6% increase compared to the previous year. The net profit amounted to $369.6 million or $3.73 per share. Although gross margins declined slightly compared to 2024, the company exceeded its own expectations regarding profitability and cost management. Notably, the reduction of selling, general, and administrative expenses to 8.8% contributed to this outcome. Resilience in...
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