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earnings
Format: PDF earnings
Toll Brothers reported strong Q2 2022 results with total revenue of $6.1 billion, up 6% year-over-year, and record gross margins of 26.6% driven by pricing power and operational improvements. Despite a 25% decline in net sales orders due to rising interest rates and market volatility, the company achieved record return on equity of 23.1% and repurchased 6.8 million shares.
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