KB Home at JPMorgan Homebuilding and Building Products Conference (Virtual) Transcript
Good morning. Thanks for joining us. My name is Mike Rehaut. I'm the senior analyst covering the homebuilding and building product sectors for JPMorgan Equity Research. We're excited to continue our morning session with KB Home on day 2 of our 15th Annual Homebuilding and Building Products Conference being held virtually, hopefully next year in person.
We're excited to have with us CEO, Jeff Mezger; CFO, Jeff Kaminski; and Vice President of Investor Relations, Jill Peters. This will be a fireside chat. I'll be asking several questions of management. (Operator Instructions) So before I begin my questions, I'm going to turn it over to Jill for a few opening remarks.
Thank you, Mike, and thank you for hosting us today. KB Home is one of the largest homebuilders in the U.S. with the primary focus on serving first-time and affordable first move-up buyers who accounted for 76% of our deliveries in our 2022 first quarter. Our personalized
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