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CLAIM #736 · Toll Brothers Inc (TOL) · 2022Q2 earnings call · May 25, 2022 · due Oct 31, 2023

We are not ready to guide yet to 23 community count, but I’ll tell you, it’s going up. And it’s going up based on the land we have, and it should be going up significantly.

Douglas Yearley · CEO

CANNOT_DETERMINE
resolved by a revision, graded at the moved level · official band 5 percent
Committed
it’s going up. And it’s going up based on the land we have, and it should be going up significantly
Reported
We expect community count to be approximately 375 by fiscal year-end with continued growth in fiscal year 2024.

How to check this claim

Look at: Company-disclosed community count (average or ending communities, as reported)

It came true if: Fiscal 2023 community count higher than fiscal 2022 level by a significant margin (directionally: FY2023 community count > FY2022 community count)

Where: Company earnings release / 10-K community count disclosure (Q4 FY2023 call)

Verify independently

SEC filings for TOL · Claim quote is verbatim from the 2022Q2 earnings call.