Robert I. Toll

Posted on
Toll Brothers Narrows Q1 Loss

Having shed lots and backlog, the builder is better positioned than it was a year ago. Read more

Posted on
Toll: Buyers on Sidelines

Revenue down by 30 percent at luxury builder, where closings also slid 28 percent, according to preliminary 2Q results. Read more

Posted on
Toll Brothers Reports its First Quarterly Earnings Loss

It appears that no one is exempt from the turmoil in the housing industry. Horsham, Pa.-based Toll Brothers is reporting its first quarterly loss in its 21 years as a publicly traded company--a net loss of $81.8 million for the quarter compared to a profit of $173.8 million in the same quarter last year. The loss includes $314.9 million in pretax write downs. Read more

Posted on
Toll Brothers' Net Profits Plummet 85% in 3Q

As Toll Brothers' profits continue to slide, the company's CEO Robert I. Toll says the luxury home builder will get back on track, reducing home production by building to order. Read more

Posted on
Toll Brothers' Revenue Drops 21 percent

Toll Brothers Inc. is reporting a 21 percent decrease in revenue and a drop in home building sales of $1.21 billion in the third quarter ending July 31. The report also says the company's cancellation rate jumped to 23.8 percent compared to 18.9 percent in the previous quarter. CEO Robert I. Toll says home buyer hesitation is one of the main factors in the market's slow sales. "We are now in the twenty-third month of a down housing market," he said in a company release. "Hesitant customers remain on the sidelines, unsure of whether home prices have bottomed." Read more

Posted on
Toll Enters 22nd Market

By taking a hand in the development of a luxury master planned golf course and country club community, Toll Brothers has entered its 22nd U.S. market: South Carolina. He said he anticipates local residents to be drawn to "the high amenity lifestyle" that is being offered.The remaining 755 lots that Toll Brothers doesn't purchase will be sold by the partnership to individuals and home builders.Published in BIG BUILDER Magazine, January 2003 Read more

Posted on
New Imperative

Customization in home building is not only here to stay, it's an inevitable and increasing precondition for doing business. Why? Americans are better off economically than ever before. Read more

Posted on
Energy Producer, Toll Bros. Partner for Development

HUNTINGDON VALLEY, Pa. (Inman News Features) - Luxury home builder Toll Brothers and California energy producer Aera Energy have agreed to develop 1,035 home sites in Yorba Linda, Calif. The sites are within a master-planned community called Vista Del Verde. The endeavor follows the partnership's joint development of the first phase of Vista Del Verde. "Including our lots at Vista Del Verde, we own or control sites for approximately 4,400 units in California, which is a strong platform for future expansion." Read more

Posted on
Toll Bros. Reports Record First-Quarter Contracts and Revenues

Toll Brothers Inc., a builder of luxury homes, today reported record first quarter results for contracts and home building revenues for the quarter ended January 31, 2002. Read more

Posted on
Toll Brothers Record Fourth-Quarter and Fiscal Year Earnings Up 17% and 46%, Respectively

HUNTINGDON VALLEY, Pa., (Hanley-Wood News Service) - Toll Brothers, Inc., (NYSE: TOL), the nation's leading builder of luxury homes, today reported its ninth consecutive year of record earnings, its tenth consecutive year of record revenues and its eleventh consecutive year of record contracts for its fiscal year ended October 31, 2001. Fourth quarter earnings and revenues were the highest for any quarter in Toll Brothers' history. Toll Brothers' fourth quarter and FY 2001 results are as follows: -- Record Fiscal 2001 earnings of $213.7 million ($5.52 per share diluted) eclipsed by 46% 2000's previous record earnings of $145.9 million ($3.90 per share diluted). Read more

BUILDER Local Housing Data
Watch BUILDER videos
Close X