Skyline Champion Announces Fourth Quarter and Full Year Fiscal 2023 Results
Skyline Champion Corporation (SKY)
Last skyline champion corporation earnings: 1/28 04:10 pm
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US:NYSE Investor Relations:
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Source: Business Wire
TROY, Mich.--(BUSINESS WIRE)--Skyline Champion Corporation (NYSE: SKY) (“Skyline Champion”) today announced financial results for its fourth quarter and full year ended April 1, 2023 (“fiscal 2023”).Fourth Quarter Fiscal 2023 Highlights (compared to Fourth Quarter Fiscal 2022)Net sales decreased 23.0% to $491.5 millionU.S. homes sold decreased 25.5% to 4,900Total backlog decreased 42.1% to $308 million from the sequential third quarterAverage selling price (“ASP”) per U.S. home sold increased 5.6% to $92,700Gross profit margin contracted by 120 basis points to 28.7%Net income decreased by 33.5% to $57.7 millionEarnings per share (“EPS”) decreased 33.8% to $1.00Adjusted EBITDA decreased 37.3% to $76.2 millionAdjusted EBITDA margin contracted by 350 basis points to 15.5%Net cash generated by operating activities of $52.2 million during the quarterFull Year Fiscal 2023 Highlights (compared to Full Year Fiscal 2022)Net sales increased 18.1% to $2.6 billionGross profit margin improved
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SKY
Earnings
- 2/5/24 - Beat
SKY
Sec Filings
- 4/19/24 - Form 8-K
- 4/4/24 - Form 8-K
- 4/2/24 - Form 4
- SKY's page on the SEC website