Nobility Homes’ Revenue and Income Rises in 2013 Versus 2012

Announcing financial results for its fiscal year ending Nov. 2, 2013, Nobility Homes, Inc. reports sales increased 17 percent to $18,525,950 as compared to $15,834,971 for the same period last year. Net income after taxes for the year rose to $747,106 from $49,759 FY 2012. Diluted earnings for the year were $0.18 per share versus $0.01 per share in 2012. As informs MHProNews, for Q4 2013 sales rose 49 percent to $6,552,208 from $4,388,169, and net income for the period was $667,881 versus $108,635 for Q4 of 2012. For the fourth quarter, diluted earnings hit $0.16 per share as compared to $0.03 per share for Q4 2012. Nobility produces and sells manufactured and modular homes, principally in Florida.

(Image credit: Nobility Homes, Inc.)

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