Exhibit 99.1
tphlogo.jpg



TRI POINTE GROUP, INC. REPORTS 2017 SECOND QUARTER RESULTS AND ANNOUNCES INCREASE TO ITS STOCK REPURCHASE PROGRAM

-New Home Orders up 15% Year-Over-Year on a 6% Increase in Average Selling Communities- 
-Reports Net Income Available to Common Stockholders of $32.7 Million, or $0.21 per Diluted Share-
-Home Sales Revenue of $568.8 Million and Homebuilding Gross Margin Percentage of 20.1%-
-Repurchased $99.2 Million of Common Stock at a Weighted Average Price of $12.43-
-Issued $300 Million Aggregate Principal Amount of 5.25% Senior Notes Due 2027-
-Authorizes Additional $50 Million for Share Repurchases-
Irvine, California, July 26, 2017 /Business Wire/ – TRI Pointe Group, Inc. (the "Company") (NYSE: TPH) today announced results for the second quarter ended June 30, 2017. The Company also announced that its Board of Directors has authorized the repurchase of up to an additional $50 million of Company common stock under its existing stock repurchase program (the “Repurchase Program”), increasing the aggregate authorization from $100 million to $150 million.
Results and Operational Data for Second Quarter 2017 and Comparisons to Second Quarter 2016
Net income available to common stockholders was $32.7 million, or $0.21 per diluted share, compared to $73.9 million, or $0.46 per diluted share
2016 included two land transactions representing $61.6 million in land and lot sales revenue and $52.7 million in land and lot gross margin, with no significant comparable transactions in the current year
New home orders of 1,445 compared to 1,258, an increase of 15%
Active selling communities averaged 126.8 compared to 119.5, an increase of 6%
New home orders per average selling community were 11.4 orders (3.8 monthly) compared to 10.5 orders (3.5 monthly)
Cancellation rate of 15% compared to 13%, an increase of 200 basis points
Backlog units at quarter end of 2,108 homes compared to 1,798, an increase of 17%
Dollar value of backlog at quarter end of $1.3 billion compared to $1.0 billion, an increase of 31%
Average sales price in backlog at quarter end of $635,000 compared to $571,000, an increase of 11%
Home sales revenue of $568.8 million compared to $556.9 million, an increase of 2%
New home deliveries of 1,071 homes compared to 994 homes, an increase of 8%
Average sales price of homes delivered of $531,000 compared to $560,000, a decrease of 5%
Homebuilding gross margin percentage of 20.1% compared to 22.3%, a decrease of 220 basis points
Excluding interest, impairments and lot option abandonments, adjusted homebuilding gross margin percentage was 22.5%*
SG&A expense as a percentage of homes sales revenue of 11.6% compared to 11.3%, an increase of 30 basis points
Ratios of debt-to-capital and net debt-to-net capital of 47.6% and 45.8%*, respectively, as of June 30, 2017
Successfully issued $300 million aggregate principal amount of 5.25% Senior Notes due 2027
Extended existing unsecured revolving credit facility maturity date by two years to May 18, 2021, while decreasing total commitments from $625 million to $600 million
Ended second quarter of 2017 with cash of $114.9 million and $442.2 million of availability under the Company's unsecured revolving credit facility

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The following information was filed by Tri Pointe Group, Inc. (TPH) on Wednesday, July 26, 2017 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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