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Legacy Housing's Business Segments
Legacy Housing's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of FY
Reportable Segments
6
Largest Segment
Commercial sales
Total Revenue
$ 34
Regions Reported
-
Revenue Share by Reportable Segment - FY
- Commercial sales22.2%
- Retail store sales17.6%
- Inventory finance sales10.3%
- Direct sales7.8%
- Other product sales4.8%
- Revenue from contract with customer product and service benchmark Customer concentration risk Mobile home park customer4.1%
Revenue by Reportable Segment - FY
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Commercial sales | $ 8 | 22.2% |
| Retail store sales | $ 6 | 17.6% |
| Inventory finance sales | $ 4 | 10.3% |
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Revenue by Product & Service Category - FY
- Commercial sales22.2%
- Retail store sales17.6%
- Inventory finance sales10.3%
- Direct sales7.8%
- Product and Service Other4.8%
Revenue by Product & Service Category - FY
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Commercial sales | $ 8 | 22.2% |
| Retail store sales | $ 6 | 17.6% |
| Inventory finance sales | $ 4 | 10.3% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
2 more categories available
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Annual Results
Revenue Share by Reportable Segment - FY
- Commercial sales22.2%
- Retail store sales17.6%
- Inventory finance sales10.3%
- Direct sales7.8%
- Other product sales4.8%
- Revenue from contract with customer product and service benchmark Customer concentration risk Mobile home park customer4.1%
Revenue by Reportable Segment - FY
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Commercial sales | $ 8 | 22.2% |
| Retail store sales | $ 6 | 17.6% |
| Inventory finance sales | $ 4 | 10.3% |
3 more segments available
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Description of Legacy Housing
Legacy Housing Corporation is a leading manufacturer of factory-built homes in the United States. The company has been designing, building and selling affordable homes that meet the needs of families since 2005. The company is headquartered in Bedford, Texas, and has manufacturing facilities in Texas, Georgia, and Oregon.
Legacy Housing Corporation is committed to providing quality homes at an affordable price. The company has a wide range of homes, from single-wides to multi-sections, and can design and build custom homes to fit the needs of customers. Legacy Housing Corporation has a large network of independent retailers, builders and developers that sell and install their homes across the country.
Legacy Housing Corporation was founded by Curtis Hodgson and Kenny Shipley, two experienced executives in the manufactured housing industry. The company's management team has extensive experience in the industry, having worked for some of the largest manufactured housing companies in the world.
Legacy Housing Corporation is also committed to sustainability and uses environmentally friendly materials and energy-efficient appliances in their homes. The company's manufacturing facilities have received certifications for energy efficiency and sustainability.
Legacy Housing Corporation operates with a customer-first mentality, ensuring customer satisfaction by providing excellent service and support before, during, and after the sale. The company is dedicated to making the home buying process as easy and stress-free as possible for its customers.
Overall, Legacy Housing Corporation is a company that is dedicated to providing quality homes at an affordable price while maintaining a commitment to sustainability and customer satisfaction. Its leadership team has extensive experience in the industry, and its network of independent retailers, builders, and developers make its homes available across the United States.
Legacy Housing Corporation is committed to providing quality homes at an affordable price. The company has a wide range of homes, from single-wides to multi-sections, and can design and build custom homes to fit the needs of customers. Legacy Housing Corporation has a large network of independent retailers, builders and developers that sell and install their homes across the country.
Legacy Housing Corporation was founded by Curtis Hodgson and Kenny Shipley, two experienced executives in the manufactured housing industry. The company's management team has extensive experience in the industry, having worked for some of the largest manufactured housing companies in the world.
Legacy Housing Corporation is also committed to sustainability and uses environmentally friendly materials and energy-efficient appliances in their homes. The company's manufacturing facilities have received certifications for energy efficiency and sustainability.
Legacy Housing Corporation operates with a customer-first mentality, ensuring customer satisfaction by providing excellent service and support before, during, and after the sale. The company is dedicated to making the home buying process as easy and stress-free as possible for its customers.
Overall, Legacy Housing Corporation is a company that is dedicated to providing quality homes at an affordable price while maintaining a commitment to sustainability and customer satisfaction. Its leadership team has extensive experience in the industry, and its network of independent retailers, builders, and developers make its homes available across the United States.
Legacy Housing Corporation is a key player in the prefabricated housing sector and presents a diversified range of segments, products, and services designed to meet various demands in the housing market. With a focus on affordability and quality, the company stands out for its unique offerings in both wholesale and retail channels, catering to a broad customer base.
Segments
1. Wholesale Segment:
The Wholesale segment of Legacy Housing Corporation is dedicated to distributing manufactured homes through a network of independent brokers and dealers. This channel primarily targets consumers seeking affordable, high-quality housing solutions. Legacy’s partnerships with these brokers and dealers allow for widespread market penetration and accessibility, ensuring that homes reach various demographics, including first-time buyers and those looking for budget-friendly options.
2. Retail Segment:
The Retail segment involves direct sales to consumers, giving them the flexibility to choose between rental programs or financing options for their homes. This segment is crucial as it provides more personalized service and engagement with potential buyers. Customers can explore homes, navigate the purchasing process, and find financing solutions tailored to their specific preferences, making homeownership more accessible.
Products
1. Single-Family Homes:
Legacy Housing Corporation offers a diverse range of single-family homes that cater to various lifestyle needs and personal preferences. The company provides different sizes and floor plans, including:
- Park Models: Ideal for recreational or seasonal living, these homes combine comfort with a compact size, perfect for those who enjoy mobile living or seasonal stays.
- Tiny Homes: In response to the growing trend of minimalist living, Legacy’s tiny homes maximize space efficiency without sacrificing comfort, featuring smart layouts and modern amenities.
- Traditional Family Homes: Larger homes designed to accommodate families, offering ample space and versatility for various household configurations.
2. Commercial Buildings:
In addition to residential properties, Legacy Housing Corporation manufactures commercial buildings suitable for various business needs. These structures are developed with practicality and durability in mind, supporting entrepreneurs and investors looking for functional spaces.
3. Manufactured Homes:
Legacy’s portfolio includes a competitive range of manufactured homes, which encompass modular, single-section, and multi-sectional options. Each home is constructed with high-quality materials and adheres to the latest building codes, ensuring safety and compliance.
4. Accessory Dwelling Units (ADUs):
Legacy also provides accessory dwelling units, commonly known as granny flats. These units offer additional living space, making them an attractive option for homeowners needing room for aging relatives or guests. ADUs are increasingly popular due to their versatility and ability to supplement housing options in residential areas.
Services
1. Free Home Design:
Legacy Housing Corporation places a strong emphasis on customer satisfaction, offering a complimentary home design service. This service assists prospective homeowners in exploring various floor plans that align with their needs and budget, ensuring personalized solutions.
2. Delivery and Installation:
The company streamlines the purchasing process by providing comprehensive delivery and installation services. This ensures that once a home is purchased, it is efficiently set up to allow customers to move in and start living in their new space without undue delay.
3. Financing Solutions:
Acknowledging the barriers to home ownership, Legacy offers multiple financing options. By providing various financial products, the company facilitates home purchases for a broader range of customers, accommodating different financial scenarios and budgets.
4. Warranty Programs:
To ensure peace of mind for its customers, Legacy Housing Corporation includes a robust warranty on all its homes—commonly featuring a 10-year structural warranty. This commitment to quality assurance fosters customer confidence in their investment, alleviating concerns about potential future issues with their homes.
International Operations
While primarily focused on the U.S. market, Legacy Housing Corporation has also explored opportunities for international expansion. The company aims to address the emerging demand for affordable housing solutions in various global markets. In line with its mission to provide quality homes, Legacy is well-positioned to adapt its products and services to meet the needs of international customers, leveraging its established manufacturing processes and expertise.
Conclusion
In conclusion, Legacy Housing Corporation has built a substantial portfolio of products and services that cater to a wide spectrum of housing needs. With a dual-segment approach encompassing wholesale and retail operations, the company effectively reaches various consumer bases. The combination of diverse home types, robust service offerings like home design and financing, and an emphasis on quality distinguishes Legacy as a leader in the prefabricated housing market, continually adapting to meet evolving consumer demands both domestically and internationally.
Segments
1. Wholesale Segment:
The Wholesale segment of Legacy Housing Corporation is dedicated to distributing manufactured homes through a network of independent brokers and dealers. This channel primarily targets consumers seeking affordable, high-quality housing solutions. Legacy’s partnerships with these brokers and dealers allow for widespread market penetration and accessibility, ensuring that homes reach various demographics, including first-time buyers and those looking for budget-friendly options.
2. Retail Segment:
The Retail segment involves direct sales to consumers, giving them the flexibility to choose between rental programs or financing options for their homes. This segment is crucial as it provides more personalized service and engagement with potential buyers. Customers can explore homes, navigate the purchasing process, and find financing solutions tailored to their specific preferences, making homeownership more accessible.
Products
1. Single-Family Homes:
Legacy Housing Corporation offers a diverse range of single-family homes that cater to various lifestyle needs and personal preferences. The company provides different sizes and floor plans, including:
- Park Models: Ideal for recreational or seasonal living, these homes combine comfort with a compact size, perfect for those who enjoy mobile living or seasonal stays.
- Tiny Homes: In response to the growing trend of minimalist living, Legacy’s tiny homes maximize space efficiency without sacrificing comfort, featuring smart layouts and modern amenities.
- Traditional Family Homes: Larger homes designed to accommodate families, offering ample space and versatility for various household configurations.
2. Commercial Buildings:
In addition to residential properties, Legacy Housing Corporation manufactures commercial buildings suitable for various business needs. These structures are developed with practicality and durability in mind, supporting entrepreneurs and investors looking for functional spaces.
3. Manufactured Homes:
Legacy’s portfolio includes a competitive range of manufactured homes, which encompass modular, single-section, and multi-sectional options. Each home is constructed with high-quality materials and adheres to the latest building codes, ensuring safety and compliance.
4. Accessory Dwelling Units (ADUs):
Legacy also provides accessory dwelling units, commonly known as granny flats. These units offer additional living space, making them an attractive option for homeowners needing room for aging relatives or guests. ADUs are increasingly popular due to their versatility and ability to supplement housing options in residential areas.
Services
1. Free Home Design:
Legacy Housing Corporation places a strong emphasis on customer satisfaction, offering a complimentary home design service. This service assists prospective homeowners in exploring various floor plans that align with their needs and budget, ensuring personalized solutions.
2. Delivery and Installation:
The company streamlines the purchasing process by providing comprehensive delivery and installation services. This ensures that once a home is purchased, it is efficiently set up to allow customers to move in and start living in their new space without undue delay.
3. Financing Solutions:
Acknowledging the barriers to home ownership, Legacy offers multiple financing options. By providing various financial products, the company facilitates home purchases for a broader range of customers, accommodating different financial scenarios and budgets.
4. Warranty Programs:
To ensure peace of mind for its customers, Legacy Housing Corporation includes a robust warranty on all its homes—commonly featuring a 10-year structural warranty. This commitment to quality assurance fosters customer confidence in their investment, alleviating concerns about potential future issues with their homes.
International Operations
While primarily focused on the U.S. market, Legacy Housing Corporation has also explored opportunities for international expansion. The company aims to address the emerging demand for affordable housing solutions in various global markets. In line with its mission to provide quality homes, Legacy is well-positioned to adapt its products and services to meet the needs of international customers, leveraging its established manufacturing processes and expertise.
Conclusion
In conclusion, Legacy Housing Corporation has built a substantial portfolio of products and services that cater to a wide spectrum of housing needs. With a dual-segment approach encompassing wholesale and retail operations, the company effectively reaches various consumer bases. The combination of diverse home types, robust service offerings like home design and financing, and an emphasis on quality distinguishes Legacy as a leader in the prefabricated housing market, continually adapting to meet evolving consumer demands both domestically and internationally.