Meritage Homes Q1 2026: Sales Slow, Growth Planned

Meritage Homes Q1 2026 earnings missed expectations, with revenue down 18.1% and adjusted EPS 11.9% below estimates. Soft demand, winter storms, and consumer uncertainty impacted sales. Despite opening 40 new communities, sales per spot slowed. Stock dipped 0.29%, and backlog shrank 12.4%. Meritage plans to add 5-10% more communities, reduce spec inventory, and invest in tech for SG&A savings. Theyre betting on community growth for a demand rebound turnaround. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/c5f6bd070b2e90e4

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