Operator

Good afternoon. My name is John and I'll be your conference operator today. I would like to welcome everyone to the KB Home 2026 second quarter earnings conference call. All participant lines are in a listen-only mode. [Operator Instructions] This conference call is being recorded, and a replay will be accessible on the KB Home website until July 23rd, 2026.

I will now turn the call over to Jill Peters, Senior Vice President, Investor Relations. Thank you, Jill. You may begin.

Jill Peters
Senior Vice President of Investor Relations

Thank you, John. Good afternoon, everyone, and thank you for joining us today to review our results for the second quarter of fiscal 2026. On the call are Jeff Mezger, Executive Chairman, Rob McGibney, President and Chief Executive Officer, Bill Hollinger, Senior Vice President and Chief Accounting Officer, and Thad Johnson, Senior Vice President and Treasurer.

During this call, items will be discussed that are considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are not guarantees of future results and the company does not undertake any obligation to update them. Due to