Builder
Fox Business takes a look at the progress KB Home has made in its multi-year deleveraging plan in this piece:
Several years ago, KB Home (NYSE: KBH) laid out a multiyear plan to improve both returns and growth after getting devastated by the housing crisis. The plan was to complete a massive balance sheet deleveraging and improve its return on equity to 10%-15% by 2019. Based on the company’s most recent financials, it has already met some of those goalsOpens a New Window.