LOS ANGELES–(BUSINESS WIRE)–KB Home (NYSE: KBH) today reported results for its third quarter ended August 31, 2021. “We produced significant year-over-year growth in a number of key metrics during the third quarter, highlighted by our operating income margin increasing to 12.1{3e92bdb61ecc35f2999ee2a63f1e687c788772421b16b0136989bbb6b4e89b73}, excluding inventory-related charges. We continue to effectively balance pace, price and starts, with a focus on optimizing our assets while growing our scale and expanding our gross margin,” said Jeffrey Mezger, Chairman, President and Chief Executive Officer. “While our third quarter deliveries were impacted by the ongoing industry-wide supply chain issues and labor shortages that have extended build times, we are working through solutions to mitigate the issues and…