|Toll Brothers CEO Douglas C. Yearley, Jr. - Jeff Fusco photo|
Toll Brothers, the largest luxury home builder in the United States, has more
than doubled its quarterly profit.
Jared Shelly reports in the Philadelphia Business Journal that:
“Revenues of $860.4 million and homebuilding deliveries of 1,218 units rose 67% in dollars and 36% in units, compared to FY 2013's second quarter totals of $516.0 million and 894 units. The average price of homes delivered was $706,000, compared to $577,000 in FY 2013's second quarter.”
Toll Brothers has its suburban Philadelphia headquarters in Horsham, Pa.