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 Corporation (NYSE:SKY) will announce its third quarter fiscal year 2022 earnings on February 2, 2022, after market close. A conference call is scheduled for February 3, 2022, at 9:00 A.M. ET. Investors can access the live call via the company's website, with a replay available post-call. Skyline Champion is the largest independent, publicly traded factory-built housing company in North America, employing over 7,900 people and operating 40 facilities across the U.S. and Canada.
Skyline Champion (NYSE: SKY) announced its new 270,000 sq. ft. home building facility in Navasota, Texas, reinforcing its commitment to affordable housing in North America. The plant, acquired in June, is set to begin operations later this year, with plans to hire over 250 employees. Management emphasizes long-term career opportunities for new hires. Skyline Champion is North America's largest independent factory-built housing company, employing around 7,900 individuals across 40 manufacturing facilities.
Skyline Champion Corporation (NYSE: SKY) reported strong financial results for Q2 fiscal 2022, with net sales rising 62.6% to $524.2 million and net income increasing 189.7% to $50.7 million. The company sold 5,902 factory-built homes, a 25.9% increase year-over-year, and backlog grew significantly to $1.4 billion. Gross profit margin expanded by 520 basis points to 24.7%, and earnings per share rose to $0.89, bolstered by higher prices and production efficiencies. Skyline remains focused on increasing production amidst supply chain challenges.
Skyline Champion Corporation (NYSE:SKY) is set to release its second quarter fiscal year 2022 earnings results on November 2, 2021, after market closure. A conference call to discuss the results will take place on November 3, 2021, at 9:00 A.M. ET. Interested investors can listen via the company's investor relations website. Skyline Champion, the largest independent factory-built housing company in North America, operates 40 manufacturing facilities and employs over 7,700 people, focusing on modular and manufactured homes for various housing sectors.
Skyline Champion Corporation (NYSE: SKY) will participate in the 2021 RBC Capital Markets Global Industrials Conference on September 9, 2021. Mark Yost, President and CEO, and Laurie Hough, CFO, will host a virtual fireside chat at 11:20 a.m. ET. A link to the live webcast and investor materials will be available on the company's Investor Relations website.
Skyline Champion is North America's largest independent factory-built housing company, employing around 7,700 staff with nearly 70 years in the business.
Skyline Champion Corporation (NYSE: SKY) announced a partnership with the Arbor Day Foundation to plant one tree for every tree used in the homes it builds, contributing to the Time for Trees initiative. This initiative aims to plant 100 million trees by 2022. Skyline Champion intends to plant at least 600,000 trees by the end of 2022, amid concerns over significant forest loss due to fires. Mark Yost, President and CEO, emphasized the importance of balancing their forest product use by replenishing North American forests through this partnership.
Skyline Champion has been awarded three Excellence in Manufactured and Modular Home Design awards by the Manufactured Housing Institute (MHI) for 2021. The awards highlight the company’s strong commitment to design, quality, and innovation. Key models recognized include the Odyssey, Diamond D1662C, and Ashley. Skyline Champion, the largest publicly traded factory-built housing company in North America, operates 40 manufacturing facilities and employs around 7,700 individuals.
Skyline Champion Corporation (NYSE: SKY) reported remarkable first quarter results for fiscal 2022, showing a net sales increase of 86.7% to $510.2 million compared to the previous year. U.S. factory-built homes sold rose 58.2% to 6,372, with an average selling price of $71,800, reflecting a 16.2% increase. Net income surged 260.4% to $42.9 million and adjusted EBITDA jumped 178.2% to $62.7 million. The total backlog soared to $1.2 billion, an increase of over 500%.
Skyline Champion Corporation (NYSE: SKY) announced the appointment of Dr. Roland Menassa as its first Vice President of Manufacturing Technology. This newly created role aims to spearhead the integration of robotics, advanced automation, and materials handling innovations. Mark Yost, President and CEO, emphasized that Dr. Menassa's extensive experience from Amazon, General Electric, and General Motors will enhance operational safety, sustainability, and product quality. With nearly 70 years in homebuilding and a strong portfolio, Skyline Champion is positioned for transformation in the housing industry.
Skyline Champion Corporation (NYSE:SKY) will announce its Q1 fiscal year 2022 earnings after market close on August 3, 2021. A conference call to discuss the results will take place on August 4, 2021, at 9:00 A.M. ET. Investors can access this call via Skyline Champion's Investor Relations website or by dialing in directly. The company is the largest independent factory-built housing provider in North America and employs over 7,700 individuals, operating 40 manufacturing facilities across the U.S. and Canada.
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