Champion Homes, Inc. (SKY)
NYSE:SKY
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Earnings Data
Report Date
Aug 04, 2026Before Open (Confirmed)
Period Ending
2027 (Q1)Consensus EPS Forecast
0.88Last Year’s EPS
1.19Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented solid operational and financial accomplishments — record homes sold, Q4 revenue up 4.6%, stronger cash generation (+26.2% operating cash flow YoY), disciplined capital returns ($200M repurchased) and an accretive retail acquisition (Homes Direct) — alongside notable industry recognition and outperformance versus HUD shipment declines. Offsetting these positives are near-term margin pressures driven by rising input costs (lumber, OSB, steel, petroleum), a slightly lower utilization rate (59%), community channel softness in Q4, and a cautious Q1 FY27 revenue/margin guide that reflects consumer affordability challenges and inflation. Overall the company appears well-capitalized and strategically active but faces near-term inflation and mix headwinds to profitability.Company Guidance
Record Homes Sold
Champion reported a record 26,622 customers in fiscal 2026 (company statement), with U.S. homes sold for the full fiscal year reported as 25,718. This is the highest number of homes sold since the company went public in 2018.
Fourth Quarter Revenue Growth
Net sales for Q4 were $621.3 million, up 4.6% year-over-year and slightly ahead of the company's low-single-digit growth expectations.
Backlog and Order Momentum
Manufacturing orders increased 7% year-over-year in Q4. Manufacturing backlog ended the quarter at $316 million, up $50 million (approximately 19%) sequentially; average backlog lead time remained 8 weeks.
Profitability and Margin Stability
Adjusted gross profit increased 4.6% to $159.4 million with adjusted gross margin essentially flat at 25.7% versus the prior year. Adjusted EBITDA increased 6.3% to $55.9 million and adjusted EBITDA margin improved slightly to 9.0% from 8.9%.
Adjusted Net Income and EPS Improvement
Adjusted net income attributable to Champion Homes in Q4 increased 1% to $37.7 million, or $0.68 per diluted share, compared to $36.3 million or $0.63 per diluted share a year ago.
Strong Cash Generation and Balance Sheet
As of March 28, 2026, Champion reported $638.3 million in cash and cash equivalents. Net cash provided by operating activities for the full fiscal year was $303.9 million, up 26.2% versus $240.9 million in fiscal 2025.
Active Capital Return and Allocation
The company repurchased and retired $50 million of common stock in Q4 and $200 million for the full fiscal year. The Board refreshed the share repurchase authorization to $150 million.
Strategic M&A and Capital Deployment
Proceeds of CAD 189.1 million were received from the sale of Champion's 19% ECN ownership. Champion announced the acquisition of Homes Direct (11 retail locations) with annualized revenues of approximately $70 million, expected to close in fiscal Q2, to expand West Coast retail presence.
Industry Recognition and Competitive Outperformance
Champion earned the NAHB Best in American Living Gold Award and its 12th consecutive Manufactured Housing Institute excellence award. The company outperformed the HUD industry in the 3-month period ended March 2026: HUD shipments were down ~9% year-over-year while Champion was only slightly down in the low single digits in that period.
SKY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SKY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 26, 2026 | $71.00 | $71.79 | +1.11% |
Feb 03, 2026 | $76.03 | $84.44 | +11.06% |
Nov 04, 2025 | $66.52 | $73.22 | +10.07% |
Aug 05, 2025 | $66.18 | $69.15 | +4.49% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Champion Homes, Inc. (SKY) report earnings?
Champion Homes, Inc. (SKY) is schdueled to report earning on Aug 04, 2026, Before Open (Confirmed).
What is Champion Homes, Inc. (SKY) earnings time?
Champion Homes, Inc. (SKY) earnings time is at Aug 04, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SKY EPS forecast?
SKY EPS forecast for the fiscal quarter 2027 (Q1) is 0.88.