United Homes Group to Release Second Quarter 2023 Results on August 10, 2023

IRMO, S.C.--(BUSINESS WIRE)--United Homes Group (NASDAQ: UHG) announced today that the company will release its results for the second quarter of 2023 after the market closes on Thursday, August 10, 2023. The company will hold a conference call to discuss the results and conduct a question-and-answer session on the same day at 5:00 PM Eastern Time. Interested parties can dial in using the numbers below or access the call via a webcast link provided in the investor relations section on the company’s website: www.unitedhomesgroup.com.

Dial-in Numbers:
Toll Free - North America ([phone]
International: ([phone]
Conference ID: 29788545

Recording Replay Numbers:
Toll Free - North America: ([phone]
International: ([phone]
Playback Passcode: 788545 #
Expiry Date: Thursday, August 17, 2023, 11:59 PM

About United Homes Group, Inc.

UHG is a publicly traded residential builder headquartered in Columbia, SC. The company focuses on southeastern markets with 53 active communities in South Carolina and Georgia.

UHG employs an asset-light operating strategy with a focus on the design, construction and sale of entry-level, first move up and second move up single-family houses. UHG currently designs, builds and sells detached single-family homes, and, to a lesser extent, attached single-family homes, including duplex homes and town homes in three major market regions in South Carolina: Midlands, Upstate, and Coastal, with a smaller presence in Georgia. UHG seeks to operate its homebuilding business in high-growth markets, with substantial in-migrations and employment growth.

Under its asset-light lot operating strategy, UHG controls its supply of finished building lots through lot purchase agreements with third parties including its Land Development Affiliates, which provide UHG with the right to purchase finished lots after they have been developed by the applicable third party. This asset-light operating strategy provides UHG with the ability to amass a pipeline of lots without the same risks associated with acquiring and developing raw land.

As UHG reviews potential geographic markets into which it could expand its homebuilding business, either organically or through strategic acquisitions, it intends to focus on selecting markets with positive population and employment growth trends, favorable migration patterns, attractive housing affordability, low state and local income taxes, and desirable lifestyle and weather characteristics. UHG believes that the Southeastern states generally offer these characteristics to a greater extent than other geographic regions of the country, and expects the Southeastern states to be the principal focus of any future expansion of its homebuilding business.