HORSHAM, Pa., Feb. 20, 2017 (GLOBE NEWSWIRE) -- For the third consecutive year, Toll Brothers, Inc. (NYSE:TOL) (www.tollbrothers.com), the nation’s leading builder of luxury homes, has been named the Most Admired Home Building Company in Fortune magazine’s survey of the World’s Most Admired Companies. The 2017 survey, which involved companies across more than 50 industries and 28 countries, asked executives, directors, and analysts to rate companies in their own industries.
Douglas C. Yearley, Jr., Toll Brothers’ chief executive officer, stated: “We are honored to have been named World’s Most Admired Home Building Company for the third consecutive year in Fortune’s Survey of the World’s Most Admired Companies. This recognition, based on voting by our peers in the industry and the investment community, is a tribute to the quality of our homes and communities, our excellent brand and the hard work and commitment of our amazing associates across the country.”
Robert I. Toll, Toll Brothers’ executive chairman, stated: “As we approach the 50th anniversary this summer of Toll Brothers’ founding, we are so proud to be recognized once again by Fortune magazine. We thank our entire team for their diligence and dedication to providing each and every one of our customers with the quality, value, and service they expect from the Toll Brothers brand.”
About Toll Brothers
Toll Brothers, Inc., A FORTUNE 1000 Company, is the nation's leading builder of luxury homes. The Company began business in 1967 and became a public company in 1986. Its common stock is listed on the New York Stock Exchange under the symbol “TOL.” The Company serves move-up, empty-nester, active-adult, and second-home buyers and operates in 20 states: Arizona, California, Colorado, Connecticut, Delaware, Florida, Idaho, Illinois, Maryland, Massachusetts, Michigan, Minnesota, Nevada, New Jersey, New York, North Carolina, Pennsylvania, Texas, Virginia, and Washington, as well as in the District of Columbia.
Toll Brothers builds an array of luxury residential single-family detached, attached home, master planned resort-style golf, and urban low-, mid-, and high-rise communities, principally on land it develops and improves. The Company operates its own architectural, engineering, mortgage, title, land development and land sale, golf course development and management, home security, and landscape subsidiaries. The Company also operates its own lumber distribution, house component assembly, and manufacturing operations. Through its Gibraltar Capital and Asset Management joint venture, the Company provides builders and developers with land banking and joint venture capital. The Company acquires and develops commercial and apartment properties through Toll Brothers Apartment Living, Toll Brothers Campus Living, and the affiliated Toll Brothers Realty Trust, and develops urban low-, mid-, and high-rise for-sale condominiums through Toll Brothers City Living.
In 2017, Toll Brothers was named World’s Most Admired Home Building Company in Fortune magazine’s survey of the World’s Most Admired Companies, the third year in a row it has been so honored. Toll Brothers was named 2014 Builder of the Year by Builder magazine, and is honored to have been awarded Builder of the Year in 2012 by Professional Builder magazine, making it the first two-time recipient. Toll Brothers proudly supports the communities in which it builds; among other philanthropic pursuits, the Company sponsors the Toll Brothers Metropolitan Opera International Radio Network, bringing opera to neighborhoods throughout the world. For more information, visit www.tollbrothers.com.
Toll Brothers discloses information about its business and financial performance and other matters, and provides links to its securities filings, notices of investor events, and earnings and other news releases, on the Investor Relations section of its website (tollbrothers.com/investor-relations).
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