Sales Spike at Nobility Homes, Inc.

For the second quarter ending May 3, 2014, Nobility Homes (NOBH) reports sales increased 94 percent over the same period last year, $7,416,086 versus $3,813,619 Q2 2013. Net income after taxes was $284,900, compared to a loss of $47,021 last year. According to marketwatch.com, diluted earnings per share rose from -$0.01 last year for Q2 to +$.10 per share for Q2 2014. With no outstanding debt, Nobility has cash and cash equivalents and short-term investments $12,736,291. MHProNews understands the company, headquartered in Ocala, Florida, has sales centers, an insurance subsidiary, and investments in age-restricted manufactured home communities. ##

(Image credit: Nobility Homes, Inc.)

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