Content about Standard Pacific

August 1, 2012

Standard Pacific, one of the nation’s largest home builders, reported revenues of $274.9, a 35% rise over revenues of $204.2 million for the 2011 second quarter. This was due primarily due to a 34% increase in new home deliveries (excluding joint ventures) to 815 homes, the company said.

July 6, 2012

Standard Pacific Homes, one of the nation's largest home builders, has purchased a 1,600-acre master planned community called The Palisades in the Charlotte, N.C., market. With plans to open in late 2013, the company will introduce all new home designs to the project, which contains 1,100 home sites. It is located next to Lake Wylie, Charlotte's second largest lake and a popular recreational destination.

February 7, 2012

Irvine, Calif.-based Standard Pacific has reported fourth-quarter net income of $15.3 million, compared with a net loss of $21.9 million in the prior-year quarter. Home-building revenues increased 38% to $293.2 million in the fourth quarter, compared with $212.4 million in the fourth quarter of 2010. This increase was driven by a 26% increase in new home deliveries to 782 homes. 

Net new orders for the quarter ended Dec. 31, 2011, totaled 615, up 44% compared with the fourth quarter of 2010.

September 13, 2011

Standard Pacific Homes, the Southern California-based home builder, has announced that CEO Ken Campbell is leaving the company. Campbell will resign from his role as CEO and member of the board of directors on Jan. 1, 2012.

Scott Stowell, the company’s president, will now begin to assume day-to-day management of the company, according to a Jan. 12 filing with the Securities and Exchange Commission (SEC). Stowell will receive the title of CEO and will join the board of directors in January.

March 17, 2011

Standard Pacific Homes has appointed Scott Stowell as its new president, reporting to CEO Ken Campbell. Stowell has served as the company’s chief operating officer since 2007 and was instrumental in Standard Pacific Homes' successful financial and operational transformation, according to the announcement.  

Prior to being appointed COO, Stowell held progressive roles within Standard Pacific, including president of the Orange County division and president of the Southern California region.

February 3, 2011

Standard Pacific, a production home builder with operations in eight states, reported a net loss of $21.9 million for the fourth quarter of 2010, compared with net income of $82.7 million for the same quarter a year ago. The 2010 fourth quarter included a $23.8 million charge related to the early extinguishment of debt and $2.3 million of asset impairments. Excluding these one-time charges, the company generated net income of $4.3 million for the 2010 fourth quarter. 

October 31, 2010

Anyone who expected the usual supply chain collaboration discussion at the ProDealer Industry Summit was...

October 14, 2010

Some of the LBM industry’s hottest issues topped the agenda here at the 2010 ProDealer...

September 28, 2010

A moderated discussion featuring representatives from ProBuild, the nation’s largest pro dealer, and Standard Pacific,...

December 22, 2008

Ken Campbell succeeds Jeffrey V. Peterson, who has stepped down as chairman, CEO and president....

March 23, 2008

Jeffrey V. Peterson replaces Stephen J. Scarborough, who earlier announced his retirement....

September 3, 2007

Fitch Ratings has issued a negative outlook for 14 publicly owned home builders and revised...

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