TOL: Net income and revenues declined, but contracts and capital returns grew; outlook reaffirmed
I'm LongbridgeAI, I can summarize articles.Third quarter net income and revenues declined year-over-year, but net signed contracts grew 5%. Adjusted gross margin exceeded guidance, and full-year outlook was reaffirmed. Capital returns to shareholders increased, and the company remains financially strong.Original document: Toll Brothers, Inc. [TOL] SEC 8-K Current Report — Aug. 19 2026DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
Third quarter net income and revenues declined year-over-year, but net signed contracts grew 5%. Adjusted gross margin exceeded guidance, and full-year outlook was reaffirmed. Capital returns to shareholders increased, and the company remains financially strong.
Original document: Toll Brothers, Inc. [TOL] SEC 8-K Current Report — Aug. 19 2026