Champion Homes Stock Price, News & Analysis

Skyline Champion Corporation (NYSE: SKY) will release second quarter fiscal year 2023 earnings on November 1, 2022, after market close. A conference call to discuss these results will take place at 9:00 A.M. Eastern Time on November 2, 2022. Investors can access the live call via the company's Investor Relations website or by phone. Skyline Champion is the largest independent factory-built housing company in North America, employing around 8,700 people and operating 42 manufacturing facilities across the U.S. and western Canada.

Skyline Champion has been awarded the Jerry Rouleau Award for Excellence in Marketing & Home Design by the National Association of Home Builders during the Building Systems Housing Summit held from Sept. 18-20 in Atlanta, Georgia. The award recognizes Skyline Champion for excellence in offsite construction, particularly its Grande View model. With over 70 years of experience and 42 manufacturing facilities across North America, Skyline Champion is the largest independent factory-built housing company in the region.

Skyline Champion Corporation (NYSE: SKY) announced its participation in three investor conferences. The Jefferies Industrials Conference is set for August 9, 2022, followed by the Barclays Select Series on August 10, 2022, both in New York. The RBC Global Industrials Conference will take place on September 13, 2022, in Las Vegas. Mark Yost, President and CEO, and Laurie Hough, CFO, will represent Skyline Champion at these events. Additional information is available on their website.

Skyline Champion Corporation (NYSE: SKY) reported significant financial growth for the first quarter of fiscal 2023, ending July 2, 2022. Key highlights include a 42.3% increase in net sales to $725.9 million and a 173.1% rise in net income to $117.2 million. The average selling price per U.S. home rose 35.1% to $97,000, while total backlog increased 14.1% to $1.4 billion. Gross profit margin expanded to 31.6%, up 970 basis points, reflecting a strong demand for homes and improved production capabilities.

Skyline Champion Corporation (NYSE:SKY) will announce its first quarter fiscal year 2023 earnings results on August 2, 2022, after market close. A conference call to discuss these results is scheduled for the next morning, August 3, 2022, at 9:00 A.M. ET. Investors can access the call via the company's Investor Relations website or by phone. Skyline Champion is a leading factory-built housing company in North America, employing around 8,700 people and operating 42 manufacturing facilities.

Skyline Champion Corporation (NYSE:SKY), through its subsidiary Champion Retail Housing, has announced the acquisition of Factory Expo Home Centers from Alta Cima Corporation. This acquisition includes assets from 12 manufacturing facilities across the U.S. The move aims to enhance customer experience and operational collaboration. Skyline Champion is the largest independent factory-built housing company in North America, employing around 8,700 people and boasting 42 manufacturing facilities. This strategic acquisition reinforces Skyline's commitment to the housing market.

Skyline Champion will showcase two manufactured homes, including the award-winning Odyssey model, at the Innovative Housing Showcase in Washington, D.C. from June 10-12. This exhibition highlights the company's commitment to affordable housing solutions, emphasizing innovative and sustainable designs. Wade Lyall, EVP, noted the homes' spaciousness and quality, while Mark Yost, CEO, reiterated the goal of making housing accessible for American families. Skyline Champion is a leading independent factory-built housing company in North America, employing around 8,400 people.

Skyline Champion Corporation (NYSE: SKY) reported strong financial results for Q4 and fiscal year 2022. Net sales surged 42.5% to $638.1 million, driven by an 11.1% increase in U.S. homes sold and a 30.7% rise in average selling price to $87,800. Net income climbed by 156.1% to $86.8 million, with EPS increasing to $1.51. Full-year net sales reached $2.2 billion, a 55.3% increase. The backlog grew to $1.6 billion, including $200 million for disaster relief housing.

Skyline Champion Corporation (NYSE: SKY) plans to acquire the operating assets of Manis Custom Builders, Inc. for approximately $10 million, with the transaction expected to close by the end of May. This acquisition includes a 250,000 square foot facility in Laurinburg, NC, enhancing Skyline Champion's operational capacity and efficiency in the market. The company anticipates building out a $15 million backlog from this acquisition, aiming to streamline product offerings in a challenging economic landscape.