Nobility Homes Sales-Earnings 1Q 2024 President Terry Trexler-‘We Expect Challenges Will Continue in 2024’ ‘FMHA Says FL Shipments Drop YoY;’ Value Investor Leland Roach ‘Long on NOBH’-Facts and Analysis [Video]

According to their most recent press release, Nobility Homes (NOBH) President Terry Trexler said: “We expect that these challenges will continue throughout 2024.” The specifics of those challenges are disclosed in the firm’s press release. Their press release also stated: “On June 5, 2024, the Company celebrated its 57^th anniversary in business specializing in the design and production of quality, affordable manufactured homes. With multiple retail sales centers in Florida for over 34 years and an insurance agency subsidiary, we are the only vertically integrated manufactured home company headquartered in Florida.” The full release by Nobility is found in Part I of this report. As a companion to this report on Nobility are the views of Leland Roach, who is a self-described value investor interested in microcap stocks, apparently including Nobility Homes, which Roach said he is “long” on via an article on Seeking Alpha. Much of Roach’s analysis is found in …