KB HOME MARGIN FORECAST

MISSION STATEMENT: A builder of quality homes for more than fifty years. With KB Home's Built to Order experience, you'll enjoy high-quality construction, unique architecture, dedicated customer service and design features from trusted brands that allcome togetherto create your one-of-a-kind home.KB HOME MARGIN FORECAST

KB HOME MARGIN FORECASTSource: http://www.forbes.com/sites/laurengensler/2015/01/13/kb-homes-hammered-on-dismal-margin-forecasts/Date: Jan 13,2015Background: KB Home was founded in Detroit in 1957 by Donald Kaufman andEli Broad The company expanded to Arizona in 1962 and into California in 1963 and was the first U.S. homebuilder to expand into France in 1967. It completed an initial public offering in 1986, and from that time was known as Kaufman and Broad Home Corporation until 2001 when its name was shortened to KB Home.Revenue generated is $2.40 BillionNet Income Growth is -64.07%Prior FY EPS :+9.25, Present FY EPS :+0.90

PROBLEM: Unfortunately, we experienced the softening in demand in some of our served markets as the quarter progressed with increase pricing pressure while at the same time we continue to face cost pressure among other things, saidCEO Jeffrey Mezger on aconferencecall, calling margins disappointing.

KB HOME MARGIN FORECASTKB HOME HOUSES:Detached homesAttached homes, such as town homes, duplexes, triplexes, and condominiums Designer houses ,such as KB Home GREEN HOUSE &KB Home ZeroHouse 2.0

KB HOME MARGIN FORECASTComments and arguments :Sales incentives promptedby weaker demandHike on labor cost and construction costHigher land acquisition costLess competitive advantageThe Standard & Poors Supercomposite Homebuildingindex fell to 3.2

KB HOME MARGIN FORECASTRecommendations:Reducing operating costReducing retention costsReducing expansion in mid-cycle of fiscal yearImproving Demand Forecasting

OM News & CARIEER

OM CAREER Sr. Manager ForecastingSource: http://www.glassdoor.com/job-listing/sr-manager-forecasting-american-girl-JV_IC1133474_KO0,22_KE23,36.htm?jl=1586863633Company info:Name: American GirlLocation: Middleton WISalary :Ranges from $88,798-$100,218

Intro: American Girlis an American line of 18-inch (46cm)dollsreleased in 1986 by Pleasant Company. The dolls portray eight- to eleven-year-old girls of a variety of ethnicities. They are sold with accompanying books told from the viewpoint of the girls. Originally the stories focused on various periods ofAmerican history, but were expanded in 1995 to include characters and stories from contemporary life. A variety of related clothing and accessories is also available.OM CAREER ResponsibilityLeads the forecasting process for products in the proprietary channelsLeads the forecasting process for new channel opportunities/distribution such as promotional activity and international expansionResponsible for management of forecast flow as they relate to financial plans and inventory managementParticipant and significant contributor to development of business strategy, as it pertains to financial plans, marketing initiatives and new growth opportunitiesLeads, coaches and develops the forecast team

OM CAREER RequirementsBachelors degree in related fieldMinimum of 7 years forecasting experienceDemonstrated knowledge of forecasting software and various algorithms.International forecasting experience preferredOmni-channel Forecasting experience preferredExperience with budgeting in revenue and marketingPrevious supervisory experience with professional level staff