Skyline Champion Announces Third Quarter Fiscal 2024 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 third quarter ended December 30, 2023 (“fiscal 2024”).Third Quarter Fiscal 2024 Financial Highlights (compared to Third Quarter Fiscal 2023 unless otherwise noted)Net sales decreased 3.9% to $559.5 millionU.S. homes sold decreased 1.8% to 5,643Total backlog increased 12.6% to $290.4 million compared to the sequential second quarterAverage selling price (“ASP”) per U.S. home sold decreased 2.0% to $92,300Gross profit margin contracted by 460 basis points to 25.3%Net income decreased by 43.3% to $47.0 millionEarnings per share (“EPS”) decreased 43.8% to $0.81Adjusted EBITDA decreased 39.2% to $66.3 millionAdjusted EBITDA margin contracted by 690 basis points to 11.8%Net cash generated by operating activities increased 4.7% to $89.5 millionThird Quarter Fiscal 2024 Operational HighlightsClosed the acquisition of Regional HomesLaunched captive joint ven
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- Skyline Champion Corporation Announces Fourth Quarter and Full Year 2024 Earnings Release Date and Conference CallBusiness Wire
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SKY
Earnings
- 2/5/24 - Beat
SKY
Sec Filings
- 4/25/24 - Form 4/A
- 4/25/24 - Form 4/A
- 4/25/24 - Form 4/A
- SKY's page on the SEC website