Champion Homes Announces Second Quarter Fiscal 2025 Results
Champion Homes, Inc. (SKY)
Last champion homes, inc. earnings: 1/28 04:10 pm
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US:NYSE Investor Relations:
skylinecorp.com/?q=node/33
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Source: Business Wire
TROY, Mich.--(BUSINESS WIRE)--Champion Homes, Inc. (NYSE: SKY) (“Champion Homes”) today announced financial results for its second quarter ended September 28, 2024 (“fiscal 2025”).Second Quarter Fiscal 2025 Highlights (compared to Second Quarter Fiscal 2024)Net sales increased 32.9% to $616.9 millionU.S. homes sold increased 31.3% to 6,357Total backlog increased 5.6% to $427 million from the sequential first quarterAverage selling price (“ASP”) per U.S. home sold increased 4.5% to $92,400Gross profit margin expanded by 190 basis points to 27.0%Net income increased by 19.8% to $54.7 millionEarnings per diluted share (“EPS”) increased 19.0% to $0.94Adjusted EBITDA increased 26.2% to $74.2 millionAdjusted EBITDA margin contracted by 60 basis points to 12.0%Net cash generated by operating activities of $59.8 million during the quarterRepurchased $20.0 million of shares under the share repurchase program“I am pleased to report that Champion Homes delivered another strong quarter, gener
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Earnings
- 10/28/24 - Beat
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Sec Filings
- 11/13/24 - Form SC
- 10/29/24 - Form 10-Q
- 10/28/24 - Form 8-K
- SKY's page on the SEC website