PulteGroup (PHM) says recent sales trends have been more encouraging

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PulteGroup, Inc. Provides Update on COVID-19 Impacts and Response Actions

May 11, 2020 7:30 AM EDT

ATLANTA--(BUSINESS WIRE)-- PulteGroup, Inc. (NYSE: PHM) today provided an update on actions the Company has taken in response to the COVID-19 pandemic.

As part of our first quarter earnings release, we reported that following a very strong start to the year, housing demand slowed materially beginning in mid-March as the country was impacted by the COVID-19 pandemic, said Ryan Marshall, PulteGroup President and CEO. In response to the pandemic, we quickly modified our sales, construction and administrative processes to allow our business to operate while protecting the health and safety of our customers, trade... More