Oct 29, 2026 earnings call — Latitude expansion and capital allocation
Total hospitality revenue increased by 9% to a company third quarter record of $66 million.
Revenue $0.2B · EPS $0.65
Key quotes
"In the third quarter, we continued to implement a measured and multifaceted capital allocation strategy. We repurchased $27.2 million of the company's common stock, funded $22.8 million in capital expenditures primarily for future growth, paid $9.1 million in cash dividends, and repaid $8.8 million of debt."
"In the third quarter, we announced plans to move forward with a second phase that will add approximately 3,500 planned homes, which will bring the community to approximately 7,200 planned homes."
"Total hospitality revenue increased by 9% to a company third quarter record of $66 million when compared to $61 million in the third quarter of 2025."