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4-Traders Homepage  >  Equities  >  Nyse  >  TRI Pointe Group Inc    TPH

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TRI Pointe : Homes Northern California Introduces Its New Think Outside the Box Program

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05/26/2017 | 02:20pm CEST

(GlobeNewswire) - TRI Pointe Homes Northern California Division announced today the launch of its Think Outside the Box program, a community reuse and recycle effort to help new homeowners recycle moving boxes during their move to their new home. The launch of the new program will be rolled out across all 12 of TRI Pointe Northern Californias currently active for-sale communities. Think Outside the Box complements LivingSmart, TRI Pointe Homes comprehensive program that includes the design, development, construction, and ongoing operation of high-performing homes that provide healthier, more comfortable living environments while lowering operating costs. LivingSmart includes five specific areas of advancement: EarthSmart, HealthSmart, EnergySmartTM, WaterSmartTM, and the recently announced HomeSmartTM.

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/c2284518-3b35-41c7-b830-5853a2760004

LivingSmart is about the health and well-being of our homeowners as well as the planet, and that commitment is always expanding, said Jeff Frankel, Division President, TRI Pointe Homes Northern California. We have a steadfast passion for improving the quality of life for our homeowners and the Think Outside the Box program helps us achieve that by reusing and recycling moving boxes to create less waste.

The Think Outside the Box program was designed to help reduce the amount of waste associated with the moving process. To participate in the program, each new homeowner is given the location of the pick-up/drop-off point of the recycle station in their community to pick up boxes. Once the homeowners have used the boxes theyll break them down and return them to the community recycle station for the next homeowners use.

The Think Outside the Box program is a simple but powerful way for homeowners to contribute to reducing the carbon footprint by using less materials and less waste. Were excited to see how our buyers use it and the positive impacts it will have on our communities, said Frankel.

About TRI Pointe Homes Northern CaliforniaBased in San Ramon, Calif., TRI Pointe Homes Northern California designs, constructs, and sells single-family homes and condominiums. Founded on more than a century of combined real estate industry experience, the company focuses on building quality master-planned and urban infill communities throughout Northern California. Dedicated to insightful design and superior craftsmanship, the company is setting a new standard in homebuilding and customer experience. The company was honored with fourteen 2017 Eliant Homebuyers Choice Awards including a #1 ranking from surveyed homebuyers for First Year Customer Service Experience for second consecutive year. TRI Pointe Homes was also recognized as 2016 Builder of the Year by Builder and Developer magazine. TRI Pointe Homes is a member of TRI Pointe Group (NYSE:TPH), a family of premium regional homebuilders. For more information about TRI Pointe Homes Northern California, please visit www.TriPointeHomes.com/Northern-California.

Contact:

Katy Biggerstaff

NewGround PR & Marketing

562.761.6338 /

(c) 2017 palestinechronicle.com Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ($)
Sales 2017 2 701 M
EBIT 2017 315 M
Net income 2017 203 M
Debt 2017 1 086 M
Yield 2017 -
P/E ratio 2017 9,75
P/E ratio 2018 8,73
EV / Sales 2017 1,14x
EV / Sales 2018 0,91x
Capitalization 1 983 M
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Mean consensus OUTPERFORM
Number of Analysts 13
Average target price 15,0 $
Spread / Average Target 20%
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NameTitle
Douglas F. Bauer Chief Executive Officer & Director
Thomas J. Mitchell President & Chief Operating Officer
Steven J. Gilbert Chairman
Michael D. Grubbs Chief Financial Officer & Treasurer
Robert W. D’Unger Vice President-Information Technology
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