Skyline Champion Earnings Reports

Champion Homes posted solid Q4 results driven by increased home sales, a stronger gross margin, and higher operating income compared to a year ago when results were impacted by a $34.5M liability reserve.

Champion Homes reported a strong third quarter in fiscal year 2025, marked by a 15.3% increase in net sales to $644.9 million and a 31.0% increase in net income to $61.5 million. The company experienced growth in U.S. homes sold and average selling price, alongside an expansion in gross profit margin. The company repurchased $20.0 million of shares under the share repurchase program.

Champion Homes announced a 32.9% increase in net sales to $616.9 million and a 31.3% increase in U.S. homes sold to 6,357 in the second quarter of fiscal 2025. The company's net income rose by 19.8% to $54.7 million, with earnings per diluted share increasing by 19.0% to $0.94.

Champion Homes reported a 35.1% increase in net sales to $627.8 million and a 35.7% increase in U.S. homes sold. The company's net income decreased by 10.7% to $45.8 million, while adjusted EBITDA increased by 12.2% to $75.0 million.

Skyline Champion's Q4 2024 saw a 9.1% increase in net sales to $536.4 million and a 15.3% rise in US homes sold, driven by the Regional Homes acquisition. However, gross profit margin contracted significantly due to remediation costs for water intrusion issues, leading to a 95.2% decrease in net income to $2.8 million. The company also announced a new $100 million share repurchase program.

Skyline Champion Corporation reported a decrease in net sales by 3.9% to $559.5 million and a net income decrease of 43.3% to $47.0 million for the third quarter of fiscal year 2024. The company faced headwinds including lower ASPs and shifts in product mix, but also expanded its capacity and advanced strategic initiatives.

Skyline Champion reported a decrease in net sales by 42.5% to $464.2 million and a decrease in net income by 68.3% to $45.7 million compared to the prior-year period. The company's performance was impacted by lower U.S. homes sold and a decrease in average selling price.

Skyline Champion Corporation reported a decrease in net sales by 36.0% to $464.8 million and a decrease in net income by 56.2% to $51.3 million compared to the prior-year period. The number of U.S. homes sold decreased by 29.3% to 4,817, and the average selling price per U.S. home sold decreased by 8.2% to $89,000. The company's cash and cash equivalents increased to $797.7 million.

Skyline Champion reported a decrease in net sales by 23.0% to $491.5 million and a decrease in net income by 33.5% to $57.7 million for the fourth quarter of fiscal year 2023. The results were impacted by lower U.S. homes sold, although the average selling price increased. The company's backlog also decreased significantly from the previous quarter.

Skyline Champion Corporation announced financial results for its third quarter ended December 31, 2022. Net sales increased 8.9% to $582.3 million compared to the prior-year period, and net income increased by 22.5% to $82.8 million.

Skyline Champion Corporation announced strong second quarter fiscal 2023 results, with net sales increasing by 53.9% to $806.8 million and net income increasing by 184.1% to $144.1 million compared to the prior-year period. The company's performance was driven by increased capacity, improved production levels, and strategic initiatives.

Skyline Champion Corporation reported a strong first quarter with a 42.3% increase in net sales to $725.9 million and a 173.1% increase in net income to $117.2 million compared to the prior-year period. The growth was driven by demand for homes and increased production levels. The company's ongoing efforts to streamline product offerings and invest in capacity and people are paying off as they sequentially reduced backlog and improved delivery times.

Skyline Champion Corporation reported a strong fourth quarter in fiscal year 2022, with net sales increasing by 42.5% to $638.1 million and net income rising by 156.1% to $86.8 million. The company benefited from strong demand, increased production levels, and strategic pricing adjustments to offset inflation.

Skyline Champion Corporation reported a substantial increase in net sales, U.S. factory-built homes sold, and average selling price for the third quarter of fiscal year 2022. The company's gross profit margin expanded, leading to a significant rise in net income and earnings per share.

Skyline Champion Corporation reported a strong second quarter for fiscal year 2022, with net sales increasing by 62.6% to $524.2 million. The company saw increases in U.S. factory-built homes sold and average selling price, along with a significant expansion in gross profit margin and a substantial rise in net income.

Skyline Champion Corporation announced strong first quarter fiscal 2022 results, with net sales increasing by 86.7% to $510.2 million and net income increasing by 260.4% to $42.9 million compared to the prior-year period. The company benefited from improved production levels, a full quarter's benefit from the ScotBilt acquisition, and operational improvements.

Skyline Champion Corporation reported a strong fourth quarter in fiscal year 2021, marked by substantial increases in net sales, U.S. home sales, average selling price, and net income. The company also completed the acquisition of ScotBilt Homes, contributing to its growth and expanded footprint.

Skyline Champion Corporation reported a 10.3% increase in net sales to $377.6 million for the third quarter of fiscal year 2021. Net income rose by 26.8% to $21.6 million, with earnings per share increasing to $0.38. The company's backlog increased significantly to $488.5 million, reflecting strong order levels.