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 million U.S. homes sold increased 31.3% to 6,357 Total backlog increased 5.6% to $427 million from the sequential first quarter Average selling price ("ASP") per U.S. home sold increased 4.5% to $92,400 Gross profit margin expanded by 190 basis points to 27.0% Net income increased by 19.8% to $54.7 million Earnings per diluted share ("EPS") increased 19.0% to $0.94 Adjusted EBITDA increased 26.2% to $74.2 million

Champion Homes, Inc., (NYSE:SKY) ("Champion Homes"), will release its earnings results for the second quarter fiscal 2025 after the market closes on Monday, October 28, 2024. Champion Homes will hold a conference call to discuss the results the following morning, Tuesday, October 29, 2024, at 8:00 A.M. Eastern Time. Interested investors and other parties can listen to a webcast of the live conference call by logging onto the Investor Relations section of Champion Homes' website at ir.championhomes.com. The online replay will be available on the same website immediately following the call. The conference call can also be accessed by dialing (877) 407-4018 (domestic) or (international) and

Champion Homes and Quartz Properties are proud to announce the grand opening of Belle Meadow, a new 90-unit build-to-rent community in Asheville, NC. This development showcases the latest advancements in offsite and modular construction, offering a fresh solution to the region's housing availability needs. Nestled in the scenic Blue Ridge Mountains, Belle Meadow consists of 30 single-family homes and 30 duplexes (or 60 homes) across nearly 10 acres. "The Blue Ridge Mountains provide an inspiring backdrop for the innovative modular homes we're bringing to Asheville," said Mark Yost, President and CEO, Champion Homes. "We're thrilled to introduce Belle Meadow to this vibrant area." Each ho

Champion Homes, Inc., formerly known as Skyline Champion Corporation (NYSE:SKY) ("Champion Homes"), today announced financial results for its first quarter ended June 29, 2024 ("fiscal 2025"). Skyline Champion Corporation Changes Corporate Name Change to Champion Homes, Inc. First Quarter Fiscal 2025 Highlights (compared to First Quarter Fiscal 2024) Net sales increased 35.1% to $627.8 million U.S. homes sold increased 35.7% to 6,538 Total backlog increased 28.2% to $405 million from the sequential fourth quarter Average selling price ("ASP") per U.S. home sold increased 3.0% to $91,700 Gross profit margin contracted by 170 basis points to 26.2% Net income decreased by

Champion Homes, Inc. (NYSE:SKY) ("Champion Homes") is pleased to announce that effective August 1, 2024, Laurel Krueger was appointed the Company's Senior Vice President, General Counsel and Secretary. Ms. Krueger has more than 20 years of experience in corporate governance, securities law, ethics and regulatory compliance, risk management, and mergers and acquisitions in the retail and manufacturing sectors. Most recently from 2021 to 2024, she held the role of Senior Vice President, Chief Legal Officer & Corporate Secretary at Express, Inc. In this role, she guided the company's legal affairs, ethics, and compliance programs, and advised on all public and company governance matters. Pri

Skyline Homes, a Champion Homes brand, has been recognized as America's Most Trusted® Manufactured Home Builder for the fourth consecutive year. "This is a cherished award for us," said Champion Homes President and CEO Mark Yost. "It lets us know that today's manufactured home buyers look to us for excellence in quality, customer experience, and satisfaction. That's a high bar to clear, and we work every day to clear it." Skyline Homes' Net Trust Quotient Score of 98.5 secured the Michigan-based company the highest trust rating among the most prominent builders in the manufactured home industry. The honor is significant, in part, because trust is a crucial element in today's competiti

Skyline Champion Corporation (NYSE:SKY) ("Skyline Champion"), will release its earnings results for the first quarter fiscal 2025 after the market closes on Tuesday, August 6, 2024. Skyline Champion will hold a conference call to discuss the results the following morning, Wednesday, August 7, 2024, at 9:00 A.M. Eastern Time. Interested investors and other parties can listen to a webcast of the live conference call by logging onto the Investor Relations section of Skyline Champion's website at skylinechampion.com. The online replay will be available on the same website immediately following the call. The conference call can also be accessed by dialing (800) 274-8461 (domestic) or (203) 5

For the tenth consecutive year, the Manufactured Housing Institute (MHI) recognized Champion Homes with the prestigious Excellence in Manufactured Housing Award. MHI recognized Champion Homes in two distinguished categories: Modular Housing Design and Manufactured Home Design - CrossMod®. The accolades bring Champion's design awards total to 24 over the past several years. "Great design and execution is a team effort, and these awards reflect the excellent work every member of the Champion team does on behalf of our homebuyers and sales partners," said Champion Homes President and CEO Mark Yost. Design remains a top priority for many prospective homebuyers, who are increasingly seek

Skyline Champion Corporation (NYSE:SKY) ("Skyline Champion") today announced financial results for its fourth quarter and full year ended March 30, 2024 ("fiscal 2024"). Fourth Quarter Fiscal 2024 Highlights (compared to Fourth Quarter Fiscal 2023)1 Net sales increased 9.1% to $536.4 million U.S. homes sold increased 15.3% to 5,652 Total backlog increased 8.7% to $315.8 million from the sequential third quarter Average selling price ("ASP") per U.S. home sold decreased 3.1% to $89,800 Gross profit margin contracted by 1,040 basis points to 18.3% Recorded $34.5 million of estimated remediation costs for water intrusion issues Adjusted gross profit margin contracted by

Skyline Champion Corporation (NYSE:SKY) ("Skyline Champion"), will release its earnings results for the fourth quarter and full year 2024 after the market closes on Tuesday, May 21, 2024. Skyline Champion will hold a conference call to discuss the results the following morning, Wednesday, May 22, 2024, at 9:00 A.M. Eastern Time. Interested investors and other parties can listen to a webcast of the live conference call by logging onto the Investor Relations section of Skyline Champion's website at skylinechampion.com. The online replay will be available on the same website immediately following the call. The conference call can also be accessed by dialing (877) 407-4018 (domestic) or (20

Barclays analyst Matthew Bouley maintains Skyline Champion (NYSE:SKY) with a Equal-Weight and lowers the price target from $76 to $68.

Craig-Hallum analyst Greg Palm maintains Skyline Champion (NYSE:SKY) with a Buy and lowers the price target from $88 to $84.

RBC Capital analyst Mike Dahl maintains Skyline Champion (NYSE:SKY) with a Sector Perform and lowers the price target from $73 to $68.

Wedbush analyst Jay McCanless reiterates Skyline Champion (NYSE:SKY) with a Neutral and maintains $72 price target.

Skyline Champion (NYSE:SKY) reported quarterly earnings of $0.62 per share which missed the analyst consensus estimate of $0.68 by 8.82 percent. This is a 38 percent decrease over earnings of $1.00 per share from the same period last year. The company reported quarterly sales of $536.36 million which missed the analyst consensus estimate of $560.92 million by 4.38 percent. This is a 9.12 percent increase over sales of $491.53 million the same period last year.

10-Q - Champion Homes, Inc. (0000090896) (Filer)

8-K - Champion Homes, Inc. (0000090896) (Filer)

8-K - Champion Homes, Inc. (0000090896) (Filer)

8-K - Champion Homes, Inc. (0000090896) (Filer)

10-Q - Champion Homes, Inc. (0000090896) (Filer)

8-K - Champion Homes, Inc. (0000090896) (Filer)

8-K - Champion Homes, Inc. (0000090896) (Filer)

DEFA14A - Skyline Champion Corp (0000090896) (Filer)

ARS - Skyline Champion Corp (0000090896) (Filer)

DEFA14A - Skyline Champion Corp (0000090896) (Filer)

Mavenir, the Network Software Provider building the future of networks with cloud-native software that runs on any cloud and transforms the way the world connects, announced today the appointment of Erin Mulligan Nelson to its Board of Directors as an Independent Director, effective April 12. "We are pleased to welcome Erin to Mavenir's Board of Directors. Erin's vast experience in digital, software, applications, SaaS business models, and marketing will make her a valuable addition to the Board, particularly as Mavenir embraces new software business models," said Hubert De Pesquidoux, Executive Chairman of Mavenir and Executive Partner at Siris. "I am very pleased and honored to join Mav

Skyline Champion Corporation (NYSE:SKY) ("Skyline Champion"), today announced that Dr. Roland Menassa has joined Skyline Champion as its first Vice President of Manufacturing Technology, a newly created position that will lead innovation and deployment of robotics and advanced automation, advanced process controls, and innovation in material handling systems. "We're excited to welcome Roland to Skyline Champion, and we look forward to the expertise that he brings to our organization as we continue to transform the way homes are bought and built," said Mark Yost, Skyline Champion's President and Chief Executive Officer. "Automating the future will help us improve employee safety and engagem

Skyline Champion Corporation (NYSE:SKY) ("Skyline Champion"), today announced that Tim Larson will join Skyline Champion as its first Chief Growth Officer, a newly created position that will lead development and delivery of the company's customer experience strategy and omni-channel platform. "We're excited to welcome Tim to Skyline Champion, and we look forward to the expertise that he will bring to our organization as we continue to grow the company and elevate our customer experience," said Mark Yost, Skyline Champion's President and Chief Executive Officer. "Skyline Champion is investing in its online digital experience, creating an end-to-end platform where consumers can design, confi