In FY24, the company expects: Active selling communities at the end of 2024 of approximately 150; Average sales price per home closed between $350,000 and $360,000; Gross margin as a percentage of home sales revenues between 23.1% and 24.1%; Adjusted gross margin as a percentage of home sales revenues between 25.0% and 26.0% with capitalized interest accounting for substantially all the difference between gross margin and adjusted gross margin; SG&A as a percentage of home sales revenues between 12.5% and 13.5%; Effective tax rate between 24.0% and 25.0%
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