7/18/2024

speaker
Operator
System Operator

Good morning and welcome to the third quarter 2024 earnings conference call for Dior Horton, America's builder, the largest builder in the United States. At this time, all participants are in a listen-only mode. A question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. Please note this conference is being recorded. I will now turn the call over to Jessica Hansen, Senior Vice President of Communications for Dior Horton.

speaker
Jessica Hansen
Senior Vice President of Communications

Thank you, Paul, and good morning. Welcome to our call to discuss our financial results for the third quarter of fiscal 2024. Before we get started, today's call includes forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Although D.R. Horton believes any such statements are based on reasonable assumptions, there is no assurance that actual outcomes will not be materially different. All forward-looking statements are based upon information available to D.R. Horton on the date of this conference call, and D. Earl Horton does not undertake any obligation to publicly update or revise any forward-looking statements. Additional information about factors that could lead to material changes in performance is contained in D. Earl Horton's annual report on Form 10-K and its most recent quarterly report on Form 10-Q, both of which are filed with the Securities and Exchange Commission. This morning's earnings release can be found on our website at investor.dearlehorton.com, and we plan to file our 10-Q early next week. After this call, we will post updated investor and supplementary data presentations to our investor relations site on the presentation section under news and events for your reference. Now, I will turn the call over to David Auld, our executive chairman.

speaker
David Auld
Executive Chairman

Thank you, Jessica, and good morning. Before we discuss our results, I wanted to take a moment to pay tribute to our founder, Don Horton, who passed away in May. Don was an incredible man with an unstoppable drive and work ethic. that established the foundation and culture of our company. D.R. Horton, the company, would not exist as it does today without Don's tireless pursuit to help as many Americans as possible achieve the dream of home ownership. This simple mission has driven us from the first home that Don built, sold, and closed himself, more than 45 years ago, through the more than one million homes our company has provided for families across the country. We are thankful for Don, and we and all DR Ward employees are beneficiaries of his life's work. Along with our homeowners, customers, contractors, suppliers, land sellers, real estate brokers, and everyone else Don included in his family. It is bittersweet to be talking about the company's results publicly for the first time since his passing. Don took great pride in the company's growth, profitability, and shareholder returns, which have been at the top of all public companies in America for the past decade. We will work every day to preserve this legacy and continue to build upon it to improve our operations and the value of our company. We would also like to thank the countless people who contacted us to share their condolences and memories. We received hundreds of messages from employees across the country, and we heard from many industry leaders of other home building companies, our suppliers, lot developers, bankers, and so many more. On behalf of Don's family and our company, we thank you for the kind words and tributes to a remarkable man. He will be missed. Now I'll turn the call over to Paul Lewinowski, our President and CEO.

Disclaimer

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