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Ahead of an upcoming investor conference, Beazer Homes USA, Inc. (NYSE: BZH) (www.beazer.com) (the “Company”) today announced that, based on preliminary operating results, net new orders for the first two months of its fiscal fourth quarter were up 37% year-over-year with a 26% increase in July and a 48% increase in August. This performance was primarily related to a higher pace, as sales per community per month rose to 4.4 from 3.0 in the previous year.
“We are very pleased with our results through the first two months of our fourth quarter,” said Allan P. Merrill, Chairman and CEO of Beazer Homes. “Broad, resilient demand across all our markets supported by low rates and a reassessment of housing needs drove substantial sales momentum and gives us confidence as we close out 2020 and look forward to fiscal