Champion Homes, Inc. produces factory-built housing in North America, with a portfolio that includes manufactured and modular homes, ADUs, park-models and modular buildings for single-family, multi-family and hospitality uses. The company also provides construction services for installation and setup, operates a factory-direct retail business in the United States and runs Star Fleet Trucking for manufactured-housing transportation.
Company updates commonly cover quarterly operating results, U.S. and Canadian home sales trends, product mix, retail-channel activity, offsite-built home showcases, completed acquisitions, share repurchase activity and leadership or board changes. Results announcements also discuss GAAP and non-GAAP measures tied to net sales, gross profit, net income and Adjusted EBITDA.
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Skyline Champion (NYSE: SKY) has been awarded the 2023 Modular Housing Design Award by the Manufactured Housing Institute (MHI) for the sixth consecutive year, acknowledging its leadership in the factory-built housing sector. Mark Yost, President and CEO, highlighted the company's commitment to quality and innovation in homebuilding. Three Skyline Champion customers, including Homes Direct and Flagship Communities, were also recognized with MHI Awards for various achievements. The award-winning home, the Marietta Cape, features 3 bedrooms and over 1920 sq. ft., designed for open living and entertaining with modern amenities. Skyline Champion, with over 70 years of experience and 42 manufacturing facilities, is the largest independent, publicly traded factory-built housing company in North America.
Champion Homes and Quartz Properties are partnering to develop the Belle Meadow community in Asheville, North Carolina, featuring 74 modular homes. This innovative build-for-rent project aims to enhance modular construction adoption, showcasing its benefits, including reduced waste and faster build times. Champion Homes brings over 70 years of experience, while Quartz has rapidly expanded since its 2017 launch. With groundbreaking expected in Q2, the community will consist of single-family and duplex homes, each averaging 1,600 sq. ft. and equipped with modern amenities. This venture supports Skyline Champion's commitment to innovative housing solutions.