Current Report Filing (8-k)
2014年6月12日 - 5:59AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant
to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): June 11, 2014
AV Homes, Inc.
(Exact
name of registrant as specified in its charter)
|
|
|
|
|
Delaware |
|
001-07395 |
|
23-1739078 |
(State or other jurisdiction
of incorporation) |
|
(Commission
File Number) |
|
(I.R.S. Employer
Identification No.) |
|
|
|
8601 N. Scottsdale Rd. Suite 225, Scottsdale, Arizona |
|
85253 |
(Address of principal executive offices) |
|
(Zip Code) |
Registrants telephone number, including area code: (480) 214-7400
Not Applicable
Former
name or former address, if changed since last report
Check the appropriate box below
if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 7.01 |
Regulation FD Disclosure. |
As a follow-up to AV Homes (the Company) first quarter 2014
earnings call, the Company is announcing the following full year 2014 outlook:
|
|
|
The Company expects to have approximately 30 communities engaged in selling homes and approximately 25 communities engaged in closing home sales at December 31, 2014. |
|
|
|
The Company expects to have closed in the range of 975 to 1,050 homes for the year ending December 31, 2014. |
|
|
|
The Company expects the average selling price of homes closed during the year ending December 31, 2014 to be approximately $250,000. |
|
|
|
The Company expects land sales revenue between $26 and $28 million, with an aggregate gain on sales between $7 and $8 million, each for the year ending December 31, 2014. |
|
|
|
The Company expects income/loss before taxes for the year ending December 31, 2014 in the range of break-even to a modest loss. |
The statements discussed in this Form 8-K constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act
of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results, performance or achievements of results to differ materially from any future results, performance
or achievements expressed or implied by such forward-looking statements. Such risks, uncertainties and other important factors include, among others: the stability of certain financial markets; disruption of the credit markets and reduced
availability and more stringent financing requirements for commercial and residential mortgages of all types; the number of investor and speculator resale homes for sale and homes in foreclosure in our communities and in the geographic areas in
which we develop and sell homes; the increased level of unemployment; the decline in net worth and/or of income of potential buyers; the decline in consumer confidence; the failure to successfully implement our business strategy; shifts in
demographic trends affecting demand for active adult and primary housing; the level of immigration and migration into the areas in which we conduct real estate activities; our access to financing; construction defect and home warranty claims;
changes in, or the failure or inability to comply with, government regulations; the failure to successfully integrate acquisitions into our business, including our acquisition of Royal Oak Homes, LLC and other factors as are described in our Annual
Report on Form 10-K for the year ended December 31, 2013. Readers are cautioned not to place undue reliance on any forward-looking statements contained herein, which reflect managements opinions only as of the date hereof.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.
|
|
|
|
|
|
|
|
|
|
|
AV Homes, Inc. |
|
|
|
|
June 11, 2014 |
|
|
|
By: |
|
/s/ Roger A. Cregg |
|
|
|
|
Name: |
|
Roger A. Cregg |
|
|
|
|
Title: |
|
Director, President, and Chief Executive Officer |
|
|
|
|
|
|
(Principal Executive Officer) |
Achari Ventures Holdings... (NASDAQ:AVHI)
過去 株価チャート
から 6 2024 まで 7 2024
Achari Ventures Holdings... (NASDAQ:AVHI)
過去 株価チャート
から 7 2023 まで 7 2024