That said, rising land and labor costs are a drag on the gross margin for KB Home as well as other homebuilders like Lennar Corp. LEN , D.R. Horton, Inc. DHI and PulteGroup, Inc. PHM. Labor shortages are leading to higher wages and …
Says sees ASPs to be flat to down slightly in 2017 as Express becomes bigger part of mix . Says sees FY 2017 tax rate between 35-36 pct . Says sees FY 2017 gross margin around 20 pct Further company coverage: [DHI.N] (Bengaluru …