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Skyline Champion Corp. engages in the manufacture and retail of mobile homes and other manufactured housing. It builds homes under the following brands: Skyline Homes, Champion Home Builders, Athens Park Model RVs, Dutch Housing, Excel Homes, Homes of Merit, New Era, Redman Homes, Shore Park, Silvercrest, Titan Homes in the U.S. and Moduline and SRI Homes in western Canada. Read More The company was founded on June 1, 2018 and is headquartered in Elkhart, IN.
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Yahoo FinanceMay 22
Why Shares of Skyline Champion Soared on Wednesday
What happened Shares of Skyline Champion (NYSE: SKY) climbed 13.9% on Wednesday, after the manufacturer of modular homes reported quarterly results that suggest the company is performing well following a major acquisition last year. So what Scroll to continue with content Ad On Tuesday after the markets closed, Skyline Champion reported fiscal fourth-quarter earnings of $0.26 per share on revenue of $327.7 million, beating the $0.20-per-share consensus earnings estimate despite falling short of the $344...
Seeking AlphaMay 22
Skyline Champion +6% on Q4 mixed results
Skyline Champion (SKY +6.7% ) reported Q4 sales increase of 23% Y/Y to $327.68M; and total homes sold increased 13% to 5,066. Net sales growth was driven by an increase in the number of homes sold as well as an increase in average selling price per home sold. The number of U.S. factory-built homes sold by Skyline Champion in Q4 grew by 15% to 4,837 with U.S. ASPs increasing by 17% to $61,100. Q4 Gross margin improved by 395 bps to 20.3%; and operating income improved by 92 bps to 4.1%. Adj. EBITDA was $2...
$0.26 per share