Lennar Corp Executive Says Supply Chain Chaos Has Normalized, Inventories Have Remained Low, Supply Of Housing Across The Country Is In Very Limited Supply
Portfolio Pulse from Benzinga Newsdesk
Lennar Corp's executive stated that supply chain chaos has normalized, but inventories remain low and housing supply across the US is in limited supply.
June 15, 2023 | 3:14 pm
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NEUTRAL IMPACT
Lennar Corp's supply chain has normalized, but low inventories and limited housing supply may affect the company's short-term performance.
The normalization of Lennar Corp's supply chain is a positive sign for the company. However, the persisting low inventories and limited housing supply across the US may hinder the company's ability to meet demand and affect its short-term performance. The impact on the stock price is neutral as the positive and negative factors balance each other out.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100