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Dec 30, 2023
Skyline Champion Q3 2024 Earnings Report
Skyline Champion's Q3 2024 financial performance was announced, revealing a mix of challenges and strategic advancements.
Key Takeaways
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.
Net sales decreased by 3.9% to $559.5 million.
U.S. homes sold decreased by 1.8% to 5,643.
Net income decreased by 43.3% to $47.0 million.
The company closed the acquisition of Regional Homes and launched Champion Financing.
Forward Guidance
No specific forward guidance was provided in the press release.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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