Welcome to our dedicated page for Skyline Champion Corporation news (Ticker: SKY), a resource for investors and traders seeking the latest updates and insights on Skyline Champion Corporation stock.
Skyline Champion Corporation (symbol: SKY), founded in 1951 in Elkhart, Indiana, is a leading factory-built housing company in North America. Initially known for producing affordable mobile homes, Skyline has evolved to offer a diverse portfolio of manufactured and modular homes, park model RVs, accessory dwelling units (ADUs), and modular buildings. These products serve a variety of sectors, including multi-family, hospitality, senior, and workforce housing.
Over its 50-plus years of operation, Skyline has built more than 870,000 homes and 460,000 recreational vehicles, establishing a reputation for quality and integrity. The company is committed to delivering the best products at competitive prices, maintaining strong relationships with communities, suppliers, and retailers. Notable brand names under Skyline Champion include Skyline Homes, Champion Home Builders, Genesis Homes, Athens Park Models, Dutch Housing, Excel Homes, Homes of Merit, New Era, Redman Homes, ScotBilt Homes, Shore Park, Silvercrest, and Titan Homes in the U.S., as well as Moduline and SRI Homes in Canada.
Skyline Champion's operations are primarily focused on the U.S. factory-built housing segment, which generates the majority of its revenue. The company continues to innovate and expand its offerings to meet the evolving needs of its customers.
Recent Achievements and Current Projects:
- Recent Acquisitions: Skyline Champion has made strategic acquisitions to expand its market reach and product offerings.
- Financial Stability: The company is financially stable, with strong revenue growth and profitability.
- Partnerships: Collaborations with key stakeholders to enhance product quality and customer satisfaction.
For the latest updates and news on Skyline Champion Corporation, please refer to the news section below.
Skyline Champion is set to showcase its innovative home solutions at the International Builders’ Show from January 31 to February 2 in Las Vegas. The company, featuring its Genesis Homes brand, highlights factory-built homes including a three-bedroom model and an Accessory Dwelling Unit (ADU). With over 45,000 attendees expected, Skyline aims to address the market demand for affordable housing. CEO Mark Yost stated they are receiving strong interest from builders, reinforcing the company’s position as a leader in factory-built housing. Skyline operates 42 manufacturing facilities across North America and employs approximately 8,700 people.
Skyline Champion Corporation (NYSE:SKY) will announce its Q3 earnings results for FY 2023 after market close on February 6, 2023. An analyst conference call is scheduled for February 7, 2023, at 9:00 A.M. ET to discuss the results. Investors can access the call via the company’s website or by phone. Skyline Champion, the largest independent factory-built housing company in North America, operates 42 manufacturing facilities and employs approximately 8,700 people.
Skyline Champion (NYSE:SKY) and Star Fleet Trucking will be featured on Military Makeover: Operation Career airing on Lifetime Television on November 9 and November 30 at 7:30 am EST/PST. The episode showcases the positive impact of military veterans in the housing industry, particularly through Champion Homes' innovative housing solutions. Highlighting personal journeys of veterans like Trish Nowak, Scott Kennemuth, and Ron Baer, Jr., the episode underlines Skyline Champion’s commitment to employing veterans, reflecting the company's mission to support hard-working Americans.
Skyline Champion Corporation (NYSE: SKY) reported strong financial results for Q2 fiscal 2023. Net sales surged 53.9% to $806.8 million, driven by a 23.2% increase in U.S. homes sold, totaling 7,274. The average selling price rose 29.8% to $103,700. Gross profit expanded by 111.9% to $274.1 million, boosting gross profit margin by 930 basis points to 34.0%. Net income jumped 184.1% to $144.1 million, while EPS increased to $2.51. Despite a 40.5% decline in backlog, Skyline continues to enhance production and strategic initiatives for future growth.
Skyline Champion Corporation (NYSE: SKY) will release second quarter fiscal year 2023 earnings on November 1, 2022, after market close. A conference call to discuss these results will take place at 9:00 A.M. Eastern Time on November 2, 2022. Investors can access the live call via the company's Investor Relations website or by phone. Skyline Champion is the largest independent factory-built housing company in North America, employing around 8,700 people and operating 42 manufacturing facilities across the U.S. and western Canada.
Skyline Champion has been awarded the Jerry Rouleau Award for Excellence in Marketing & Home Design by the National Association of Home Builders during the Building Systems Housing Summit held from Sept. 18-20 in Atlanta, Georgia. The award recognizes Skyline Champion for excellence in offsite construction, particularly its Grande View model. With over 70 years of experience and 42 manufacturing facilities across North America, Skyline Champion is the largest independent factory-built housing company in the region.
Skyline Champion Corporation (NYSE: SKY) announced its participation in three investor conferences. The Jefferies Industrials Conference is set for August 9, 2022, followed by the Barclays Select Series on August 10, 2022, both in New York. The RBC Global Industrials Conference will take place on September 13, 2022, in Las Vegas. Mark Yost, President and CEO, and Laurie Hough, CFO, will represent Skyline Champion at these events. Additional information is available on their website.
Skyline Champion Corporation (NYSE: SKY) reported significant financial growth for the first quarter of fiscal 2023, ending July 2, 2022. Key highlights include a 42.3% increase in net sales to $725.9 million and a 173.1% rise in net income to $117.2 million. The average selling price per U.S. home rose 35.1% to $97,000, while total backlog increased 14.1% to $1.4 billion. Gross profit margin expanded to 31.6%, up 970 basis points, reflecting a strong demand for homes and improved production capabilities.
Skyline Champion Corporation (NYSE:SKY) will announce its first quarter fiscal year 2023 earnings results on August 2, 2022, after market close. A conference call to discuss these results is scheduled for the next morning, August 3, 2022, at 9:00 A.M. ET. Investors can access the call via the company's Investor Relations website or by phone. Skyline Champion is a leading factory-built housing company in North America, employing around 8,700 people and operating 42 manufacturing facilities.
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