Trevor Allison's questions to Meritage Homes (MTH) leadership • Q2 2025
Question
Trevor Allison of Wolfe Research LLC inquired about the absorption rates of newly opened communities and the expected cadence of community count growth for the remainder of 2025 and into 2026.
Answer
CEO Phillippe Lord confirmed that the 50 new communities opened in Q2 met expectations, contributing to the strong 4.3 net sales per month pace. He projected that community count growth would be evenly distributed in Q3 and Q4, leading to double-digit growth for 2025, with similar growth anticipated for 2026. EVP & CFO Hilla Sferruzza clarified this growth would be between 10% and 20%.