TROY, Mich.--(BUSINESS WIRE)-- Champion Homes, Inc. (NYSE: SKY) (“Champion Homes”) again shows its relentless commitment to product innovation and its dedication to developing critically needed solutions to the nationwide affordable housing shortage with the launch of its first national manufactured duplex series. With this cutting-edge product, the Concord Duplex Series, Champion Homes is answering the nationwide call for high-quality affordable housing that can be built quickly, which will help builders and municipalities alleviate the demand for cost-effective homes. This press release feat...
TROY, Mich.--(BUSINESS WIRE)-- Champion Homes, Inc. (NYSE: SKY) (“Champion Homes”) today announced that its Board of Directors has appointed Mary B. Fedewa as a new independent director, effective immediately. With the addition of Ms. Fedewa, the Champion Homes Board now comprises eight directors, seven of whom are independent. Ms. Fedewa is an accomplished leader in the real estate industry with more than 30 years of experience in finance and capital markets. She co-founded STORE Capital, a real estate investment trust that invests in Single Tenant Operational Real Estate, and serves as its ...
TROY, Mich.--(BUSINESS WIRE)-- Champion Homes, Inc. (NYSE: SKY) (“Champion Homes”) today announced that Skyline Homes, a member of the Family of Champion Homes Brands, has been awarded America’s Most Trusted® Manufactured Home Builder 5 Years in a Row 2021-2025. The brand has been identified as the most trusted among consumers shopping for a manufactured home in the Lifestory Research 2021-2025 America’s Most Trusted® Manufactured Home Builder Brand study. Skyline Homes received the highest Net Trust Quotient Score by consumers in the manufactured home market for five consecutive years. “Cha...
TROY, Michigan--(BUSINESS WIRE)-- Champion Homes, Inc. (NYSE: SKY) (“Champion Homes”) today announced financial results for its third quarter ended December 28, 2024 (“fiscal 2025”). Third Quarter Fiscal 2025 Highlights (compared to Third Quarter Fiscal 2024) Net sales increased 15.3% to $644.9 million U.S. homes sold increased 14.1% to 6,437 Backlog increased 7.6% compared to December 2023 and decreased 26.9% to $313 million from the sequential second quarter Average selling price (“ASP”) per U.S. home sold increased 2.8% to $94,900 Gross profit margin expanded by 280 basis p...
TROY, Mich.--(BUSINESS WIRE)-- Champion Homes, Inc., (NYSE: SKY) (“Champion Homes"), will release its earnings results for the third quarter fiscal 2025 after the market closes on Tuesday, February 4, 2025. Champion Homes will hold a conference call to discuss the results the following morning, Wednesday, February 5, 2025, at 8:00 A.M. Eastern Time. Interested investors and other parties can listen to a webcast of the live conference call by logging onto the Investor Relations section of Champion Homes’ website at . The online replay will be available on the same website immediately followin...
TROY, Mich.--(BUSINESS WIRE)-- Champion Homes, Inc. (NYSE: SKY) (“Champion Homes”) today announced the implementation of a succession plan in which Tim Larson, the Company’s Chief Growth Officer, has been appointed President, Chief Executive Officer, and a member of the Board of Directors, effective immediately. He succeeds Mark Yost in these roles. Mr. Yost will be available as needed to support an orderly transition. Mr. Larson joined Champion Homes in 2021 as Chief Growth Officer. In this role, he has been responsible for leading the Company’s direct-to-consumer growth and brand transform...
TROY, Mich.--(BUSINESS WIRE)-- Champion Homes is proud to announce the delivery and installation of a new manufactured home in Versailles, Ky., as a part of a pilot program highlighting factory-built housing as a solution to housing inventory shortages in Central Kentucky. Working with the Kentucky Manufactured Housing Institute (KMHI) and the City of Versailles, Champion Homes was selected to design, build, set, and install the home. Throughout the pilot, local officials and residents are invited to walk the home, view the quality of the construction, and learn about the energy efficient fe...
TROY, Mich.--(BUSINESS WIRE)-- Champion Homes is proud to announce the grand opening of a groundbreaking development in the fight against homelessness. On September 26, 2024, The Neighborhood Village in Goshen, Calif., had an official ribbon cutting ceremony announcing the opening of the development, offering a new model for permanent supportive housing. Residents have moved into the homes, and the development is at full capacity. The Troy-based manufactured and modular home builder built each of the 53 residential units across the 6.5 acres of the new master-planned permanent supportive hous...
TROY, Mich.--(BUSINESS WIRE)-- Champion Homes, Inc. (NYSE: SKY) (“Champion Homes”) today announced financial results for its second quarter ended September 28, 2024 (“fiscal 2025”). Second Quarter Fiscal 2025 Highlights (compared to Second Quarter Fiscal 2024) Net sales increased 32.9% to $616.9 million U.S. homes sold increased 31.3% to 6,357 Total backlog increased 5.6% to $427 million from the sequential first quarter Average selling price (“ASP”) per U.S. home sold increased 4.5% to $92,400 Gross profit margin expanded by 190 basis points to 27.0% Net income increased by 19.8%...
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