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Jan 01, 2022
Skyline Champion Q3 2022 Earnings Report
Skyline Champion's financial performance significantly improved, driven by increased sales volume, pricing, and operating leverage.
Key Takeaways
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.
Net sales increased by 41.6% to $534.7 million.
U.S. factory-built homes sold increased by 9.2% to 5,832.
Average selling price per U.S. home sold increased by 31.7% to $83,000.
Net income increased by 213.1% to $67.6 million.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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