Comparing the current results to its competitors, Calatlantic Group Inc reported Revenue decrease in the 3 quarter 2017 year on year by -9.28 %, despite the revenue increase by the most of its competitors of 33.06 %, recorded in the same quarter.
Calatlantic Group Inc's Comment on Competitors and Industry Peers
The homebuilding industry is fragmented and highly competitive. We compete with
numerous other residential construction companies, including large national and
regional firms, for customers, land, financing, raw materials, skilled labor,
and employees. We compete for customers primarily on the basis of home design
and location, price, customer satisfaction, construction quality, reputation,
and the availability of mortgage financing. While we compete with other residential
construction companies for customers, we also compete with resales of existing
homes and rental properties.