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Toll Brothers luxury residential developments

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2026-08-19 17:32 UTC → 2026-08-19 17:35 UTC · added ~~removed~~

Toll Brothers, Inc. has expanded its luxury residential offerings through several new community openings across the United States. In mid-August 2026, the company launched the Toll Brothers at Revera community in Richmond, Texas. This development features single-family homes with prices starting in the mid-$400,000s and includes amenities such as a clubhouse, resort-style pool, and pickleball courts. Shortly thereafter, the company announced further expansions in Tennessee and Nevada. In Franklin, Tennessee, the Franklin Ridge community introduced luxury single-family homes with prices starting at $1.58 million. Simultaneously, the Rivercrest community in Reno, Nevada, opened waterfront luxury townhomes with prices starting in the upper $500,000s. In August 2026, Toll Brothers reported third-quarter financial results that exceeded Wall Street expectations despite a softer housing market. The company posted diluted earnings of $2.97 per share, surpassing the $2.93 consensus estimate, and reported revenue of $2.65 billion. While this revenue represents a 7.9% decrease from the same period last year, the company noted an increase in net signed contract value, which rose to $2.52 billion from $2.41 billion in the prior year. ~~Additionally,~~ Detailed Q3 2026 reporting indicated that while earnings and revenue beat analyst estimates, they fell below the $3.73 earnings and $2.88 billion in revenue recorded in Q3 2025. The company ~~announced the grand opening of~~ noted a ~~new model home at the Franklin Ridge community~~ decrease in ~~Tennessee~~ home deliveries to 2,662 units and a compression in home sales gross margin. Toll Brothers reaffirmed its full-year 2026 ~~guidance.~~ revenue guidance of approximately $10.5 billion.

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