Skyline Champion Corp
NYSE:SKY

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Skyline Champion Corp
NYSE:SKY
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Price: 86.03 USD 1.9%
Market Cap: 4.8B USD

Skyline Champion Corp
Investor Relations

Skyline Champion Corp., a significant player in the manufacturing of factory-built housing, weaves its narrative through decades of evolution within the housing industry. Formed through a merger between Skyline Corporation and Champion Enterprises in 2018, the company has established roots that trace back to the post-World War II era. It has adeptly navigated the housing market's ebb and flow by focusing on the construction of modular and manufactured homes. These homes, constructed in controlled factory environments, are then transported to customers, enabling faster build times and reduced costs compared to traditional on-site construction. The company's extensive distribution network, with a footprint across the United States and Canada, serves as a crucial channel in reaching a diverse consumer base, from first-time homebuyers to retirees seeking affordability without compromising quality.

Skyline Champion's profitability centers on its ability to offer cost-effective housing solutions by leveraging economies of scale and maintaining operational efficiencies. By focusing on sustainable building practices and energy-efficient designs, the company not only enhances its appeal to environmentally conscious consumers but also positions itself in niche markets like eco-friendly housing. Its business model thrives on consistent demand for affordable housing, which is further bolstered by partnerships with retailers and community developers. Additionally, the company's foray into logistics services, providing transportation and installation solutions, ensures a vertically integrated approach that maximizes value delivery throughout the homeownership process. This comprehensive strategy affords Skyline Champion a robust platform to capture value in a sector increasingly focused on sustainable and affordable living solutions.

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Last Earnings Call
Fiscal Period
Q2 2026
Call Date
Nov 5, 2025
AI Summary
Q2 2026

Revenue Growth: Net sales rose 11% year-over-year to $684 million in Q2, surpassing expectations.

Gross Margin Expansion: Gross margin improved to 27.5%, up 50 basis points from the previous year, driven by product mix and lower material costs.

EPS Increase: Earnings per diluted share increased to $1.03 from $0.94 last year, reflecting higher net income and improved operating income.

Channel Performance: Sales grew in captive retail and builder channels, while community channel sales declined due to inventory balancing and softening consumer confidence.

Backlog Sequential Growth: Manufacturing backlog reached $313 million, up 4% sequentially, with an 8-week average lead time.

Q3 Outlook: Management expects third quarter revenue to be flat year-over-year, citing timing impacts from last year's hurricane-related sales shifts and continued community channel softness.

Legislative Watch: The ROAD to Housing Act, supporting off-site built homes, passed the Senate and is advancing, potentially boosting long-term demand.

Key Financials
Net Sales
$684 million
Homes Sold (Total)
6,771 homes
U.S. Homes Sold
6,575 homes
Average Selling Price per U.S. Home Sold
$98,700
Canadian Revenue
$26 million
Average Home Selling Price in Canada
$133,300
Gross Profit
$188 million
Gross Margin
27.5%
SG&A
$113 million
Effective Tax Rate
23.6%
Net Income Attributable to Champion Homes
$58 million
Earnings Per Diluted Share
$1.03
Adjusted EBITDA
$83 million
Adjusted EBITDA Margin
12.2%
Operating Cash Flow
$76 million
Cash and Cash Equivalents
$619 million
Share Repurchases
$50 million
Manufacturing Backlog
$313 million
Manufacturing Backlog Lead Time
8 weeks
Manufacturing Capacity Utilization
60%
Earnings Call Recording
Other Earnings Calls

Management

Mr. Mark J. Yost
President, CEO & Director
No Bio Available
Ms. Laurie M. Hough CPA
Executive VP, CFO & Treasurer
No Bio Available
Mr. Joseph A. Kimmell
Executive Vice President of Operations
No Bio Available
Mr. Jonathan Wade Lyall
Executive Vice President of Sales & Business Development
No Bio Available
Mr. Timothy Mark Larson
Chief Growth Officer
No Bio Available
Jason Blair
Investor Relations Manager
No Bio Available
Ms. Laurel Krueger J.D.
Senior VP, General Counsel & Secretary
No Bio Available
Mr. Timothy A. Burkhardt
VP & Controller
No Bio Available

Contacts

Address
MICHIGAN
Troy
755 W Big Beaver Rd Ste 1000
Contacts