Pultegroup, inc. provides update on covid-19 impacts and response actions

Pultegroup, inc. provides update on covid-19 impacts and response actions.pultegroup inc - taken steps to reduce targeted overhead expense through a combination of layoffs, furloughs.pultegroup inc - anticipates taking a q2 charge of about $10 million for severance and related expenses.pultegroup inc - after an initial significant contraction in housing demand, recent sales trends have been more encouraging.pultegroup inc - weekly net new orders went from about 140 homes in last week of march to almost 400 homes in final full week of april.pultegroup inc - net new orders for month of april were still down approximately 50% from prior year.
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