Skyline Champion Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended January 01, 2022
February 02, 2022 at 04:18 pm EST
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Skyline Champion Corporation reported earnings results for the third quarter and nine months ended January 01, 2022. For the third quarter, the company reported sales was USD 534.69 million compared to USD 377.58 million a year ago. Net income was USD 67.62 million compared to USD 21.6 million a year ago. Basic earnings per share from continuing operations was USD 1.19 compared to USD 0.38 a year ago. Diluted earnings per share from continuing operations was USD 1.18 compared to USD 0.38 a year ago.
For the nine months, sales was USD 1,569.11 million compared to USD 973.23 million a year ago. Net income was USD 161.25 million compared to USD 51.01 million a year ago. Basic earnings per share from continuing operations was USD 2.84 compared to USD 0.9 a year ago. Diluted earnings per share from continuing operations was USD 2.81 compared to USD 0.9 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 
