Century Communities Sees Tariffs Hitting Remodelers Most -- Market Talk

Dow Jones

Feb 04, 2025

1031 ET - Century Communities expects tariffs to have a greater impact on the remodel market, says Executive VP Jim Francescon in an interview. The Denver home builder adds that it's continuing to work with its suppliers but stressed that things remain fluid. "Typically suppliers will keep a number of months of supply on hand. So if this is just a short-term negotiating tactic, the new home builders may not even feel it," says Francescon. While the U.S. paused plans for 25% tariffs on imports from Mexico and Canada for one month, a 10% levy on imports from China went into effect today. Shares rise 2.2% to $76.29, recouping most of the previous sessions losses. (denny.jacob@wsj.com; @pennedbyden)

(END) Dow Jones Newswires

February 04, 2025 10:31 ET (15:31 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2508274463"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2508274463\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2508274463?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-02-04 23:31","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2508274463","market":"nz","top_or_hot":-1,"title":"Century Communities Sees Tariffs Hitting Remodelers Most -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  1031 ET - <a href=\"https://laohu8.com/S/CCS\">Century Communities</a> expects tariffs to have a greater impact on the remodel market, says Executive <a href=\"https://laohu8.com/S/VP..UK\">VP</a> Jim Francescon in an interview. The Denver home builder adds that it's continuing to work with its suppliers but stressed that things remain fluid. \"Typically suppliers will keep a number of months of supply on hand. So if this is just a short-term negotiating tactic, the new home builders may not even feel it,\" says Francescon. While the U.S. paused plans for 25% tariffs on imports from Mexico and Canada for one month, a 10% levy on imports from China went into effect today. Shares rise 2.2% to $76.29, recouping most of the previous sessions losses. (denny.jacob@wsj.com; @pennedbyden) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 04, 2025 10:31 ET (15:31 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Century Communities Sees Tariffs Hitting Remodelers Most -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCentury Communities Sees Tariffs Hitting Remodelers Most -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-02-04 23:31</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  1031 ET - <a href=\"https://laohu8.com/S/CCS\">Century Communities</a> expects tariffs to have a greater impact on the remodel market, says Executive <a href=\"https://laohu8.com/S/VP..UK\">VP</a> Jim Francescon in an interview. The Denver home builder adds that it's continuing to work with its suppliers but stressed that things remain fluid. \"Typically suppliers will keep a number of months of supply on hand. So if this is just a short-term negotiating tactic, the new home builders may not even feel it,\" says Francescon. While the U.S. paused plans for 25% tariffs on imports from Mexico and Canada for one month, a 10% levy on imports from China went into effect today. Shares rise 2.2% to $76.29, recouping most of the previous sessions losses. (denny.jacob@wsj.com; @pennedbyden) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 04, 2025 10:31 ET (15:31 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4088","symbol_name":"住宅建筑","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2508274463","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2508274463","pubTimestamp":1738683060,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1031 ET - Century Communities expects tariffs to have a greater impact on the remodel market, says Executive VP Jim Francescon in an interview. The Denver home builder adds that it's continuing to work with its suppliers but stressed that things remain fluid. \"Typically suppliers will keep a number of months of supply on hand. So if this is just a short-term negotiating tactic, the new home builders may not even feel it,\" says Francescon. While the U.S. paused plans for 25% tariffs on imports from Mexico and Canada for one month, a 10% levy on imports from China went into effect today. Shares rise 2.2% to $76.29, recouping most of the previous sessions losses. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4088":"住宅建筑","CCS":"Century Communities"},"translate_title":"世纪社区认为关税对改造者的打击最大——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CCS":1},"content_text":"1031 ET - Century Communities expects tariffs to have a greater impact on the remodel market, says Executive VP Jim Francescon in an interview. The Denver home builder adds that it's continuing to work with its suppliers but stressed that things remain fluid. \"Typically suppliers will keep a number of months of supply on hand. So if this is just a short-term negotiating tactic, the new home builders may not even feel it,\" says Francescon. While the U.S. paused plans for 25% tariffs on imports from Mexico and Canada for one month, a 10% levy on imports from China went into effect today. Shares rise 2.2% to $76.29, recouping most of the previous sessions losses. (denny.jacob@wsj.com; @pennedbyden) \n\n\n  (END) Dow Jones Newswires\n\n\n  February 04, 2025 10:31 ET (15:31 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"policyRegulatory","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}