Skyline Champion Corporation Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023
October 31, 2023 at 04:15 pm EDT
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Skyline Champion Corporation reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was USD 464.24 million compared to USD 806.83 million a year ago. Net income was USD 45.67 million compared to USD 144.09 million a year ago. Basic earnings per share from continuing operations was USD 0.8 compared to USD 2.53 a year ago. Diluted earnings per share from continuing operations was USD 0.79 compared to USD 2.51 a year ago.
For the six months, sales was USD 929.01 million compared to USD 1,532.71 million a year ago. Net income was USD 96.94 million compared to USD 261.24 million a year ago. Basic earnings per share from continuing operations was USD 1.69 compared to USD 4.59 a year ago. Diluted earnings per share from continuing operations was USD 1.68 compared to USD 4.55 a year ago.
Skyline Champion Corporation is a producer of factory-built housing in North America. The Companyâs segments include U.S. Factory-built Housing and Canadian Factory-built Housing. The U.S. Factory-built Housing segment includes manufacturing and retail housing operations. It offers a portfolio of manufactured and modular homes, park model RVs, accessory dwelling units and modular buildings for the multi-family and hospitality sectors. It builds homes under various brand names in the factory-built housing industry, including Skyline Homes, Champion Home Builders, Genesis Homes, Athens Park Models, Dutch Housing, Atlantic Homes, Excel Homes, Homes of Merit, New Era, Redman Homes, ScotBilt Homes, Shore Park, Silvercrest, and Titan Homes in the U.S., and Moduline and SRI Homes in western Canada. It operates a factory-direct manufactured home retail business, marketed under the Titan Factory Direct and Champion Homes Center brands, with over 31 sales centers spanning the United States.
SKYLINE CHAMPION CORPORATION 
