TM reports prelim Q1 results

Builder

Taylor Morrison Home Corporation (NYSE: TMHC), Scottsdale, on Friday reported preliminary results for its first quarter and outlined steps it has taken to ensure the safety of its employees and customers during the COVID-19 shutdown.

“For many businesses, Taylor Morrison included, the COVID-19 pandemic is uncharted waters,” said Sheryl Palmer, Taylor Morrison chairman and CEO. “With suggested guidelines and protocols changing daily, even hourly, we have had to take proactive and preventive measures for the best interest of our team members, customers and trade partners. While transparent, timely communication—with emphasis on health and safety—have always been two of our guiding principles, considering recent events, each has become more important than ever.”

The company last month instituted procedures and protocols including enhanced cleaning procedures in offices, design centers, model homes and construction offices; restriction of air travel; cancellation of in-person trainings and meetings; community amenity center closures. Division and corporate office team members began a work-from-home protocol effective March 17 and until further notice.

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