The home builder said it now expects annual gross profit margin to be 16.0% to 16.2%, down from its earlier guidance of 16.1% to 16.5%.
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KB Home Cuts Margin Outlook as Housing Conditions Worsen
The home builder said it now expects annual gross profit margin to be 16.0% to 16.2%, down from its earlier guidance of 16.1% to 16.5%.
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