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%...
TROY, Mich.--(BUSINESS WIRE)-- Champion Homes, Inc., (NYSE: SKY) (“Champion Homes”), will release its earnings results for the second quarter fiscal 2025 after the market closes on Monday, October 28, 2024. Champion Homes will hold a conference call to discuss the results the following morning, Tuesday, October 29, 2024, 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 following t...
TROY, Mich.--(BUSINESS WIRE)-- Champion Homes and Quartz Properties are proud to announce the grand opening of Belle Meadow, a new 90-unit build-to-rent community in Asheville, NC. This development showcases the latest advancements in offsite and modular construction, offering a fresh solution to the region’s housing availability needs. Nestled in the scenic Blue Ridge Mountains, Belle Meadow consists of 30 single-family homes and 30 duplexes (or 60 homes) across nearly 10 acres. “The Blue Ridge Mountains provide an inspiring backdrop for the innovative modular homes we’re bringing to Ashevi...
TROY, Mich.--(BUSINESS WIRE)-- Champion Homes, Inc., formerly known as Skyline Champion Corporation (NYSE: SKY) (“Champion Homes”), today announced financial results for its first quarter ended June 29, 2024 (“fiscal 2025”). Skyline Champion Corporation Changes Corporate Name Change to Champion Homes, Inc. First Quarter Fiscal 2025 Highlights (compared to First Quarter Fiscal 2024) Net sales increased 35.1% to $627.8 million U.S. homes sold increased 35.7% to 6,538 Total backlog increased 28.2% to $405 million from the sequential fourth quarter Average selling price (“ASP”) per...
TROY, Mich.--(BUSINESS WIRE)-- Champion Homes, Inc. (NYSE: SKY) (“Champion Homes”) is pleased to announce that effective August 1, 2024, Laurel Krueger was appointed the Company’s Senior Vice President, General Counsel and Secretary. Ms. Krueger has more than 20 years of experience in corporate governance, securities law, ethics and regulatory compliance, risk management, and mergers and acquisitions in the retail and manufacturing sectors. Most recently from 2021 to 2024, she held the role of Senior Vice President, Chief Legal Officer & Corporate Secretary at Express, Inc. In this role, she...
TROY, Mich.--(BUSINESS WIRE)-- Skyline Homes, a Champion Homes brand, has been recognized as America’s Most Trusted® Manufactured Home Builder for the fourth consecutive year. “This is a cherished award for us,” said Champion Homes President and CEO Mark Yost. “It lets us know that today’s manufactured home buyers look to us for excellence in quality, customer experience, and satisfaction. That’s a high bar to clear, and we work every day to clear it.” Skyline Homes’ Net Trust Quotient Score of 98.5 secured the Michigan-based company the highest trust rating among the most prominent builde...
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