NYSE:TOLConsumer Durables
Toll Brothers (TOL) CEO Transition and Multifamily Exit Is Reframing Its Core Luxury Housing Story
Toll Brothers has announced that long-time Chairman and CEO Douglas C. Yearley, Jr. will move to Executive Chairman in March 2026, with 22-year company veteran Karl K. Mistry becoming CEO, alongside mixed recent results that included revenue above expectations but weaker earnings and softer guidance.
At the same time, the luxury homebuilder is reshaping its footprint with community openings and final home sales across key high-end markets in Georgia, North Carolina, and Florida, while...