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Stock impact report

Skyline Champion Announces Third Quarter Fiscal 2024 Results [Yahoo! Finance]

Skyline Champion Corporation (SKY) 
Last skyline champion corporation earnings: 1/28 04:10 pm Check Earnings Report
US:NYSE Investor Relations: skylinecorp.com/?q=node/33
Company Research Source: Yahoo! Finance
Third Quarter Fiscal 2024 Financial Highlights (compared to Third Quarter Fiscal 2023 unless otherwise noted) Net sales decreased 3.9% to $559.5 million U.S. homes sold decreased 1.8% to 5,643 Total backlog increased 12.6% to $290.4 million compared to the sequential second quarter Average selling price ("ASP") per U.S. home sold decreased 2.0% to $92,300 Gross profit margin contracted by 460 basis points to 25.3% Net income decreased by 43.3% to $47.0 million Earnings per share ("EPS") decreased 43.8% to $0.81 Adjusted EBITDA decreased 39.2% to $66.3 million Adjusted EBITDA margin contracted by 690 basis points to 11.8% Net cash generated by operating activities increased 4.7% to $89.5 million Third Quarter Fiscal 2024 Operational Highlights Closed the acquisition of Regional Homes Launched captive joint venture, Champion Financing Expanded Southeast capacity with the opening of a new facility in Bartow, Florida "I am really impressed with how the team Show less Read more
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