Champion Homes Reports Strong Q3 Fiscal 2025 Performance
Skyline Champion Corp. has released its Q3 earnings. Here is a breakdown of the information Skyline Champion Corp presented to its investors.
Champion Homes, Inc., a leading producer of factory-built housing in North America, specializes in manufacturing modular and manufactured homes under various well-known brand names. With 48 manufacturing facilities and 72 retail locations, the company serves the single-family, multi-family, and hospitality sectors, providing construction and transportation services across the United States and western Canada.
In its third quarter of fiscal 2025, Champion Homes reported a robust financial performance with a 15.3% increase in net sales, reaching $644.9
Million. The company also saw a 14.1% rise in homes sold and a 31.0 increase in net income, which amounted to $61.5 million. These results were driven by higher demand across sales channels and improved average selling prices.
Key financial highlights include an expansion in gross profit margin by 280 basis points to 28.1%, and a significant 25,7% rise in adjusted EBITDA to $83.3 million. The company also repurchased $20 million strong cash generation with $50.4 million net cash from operating activities. However, higher sales volumes and strategic investments increased selling, general, and administrative expenses.
Looking ahead. Champion Homes remains focused on expanding its retail and digital presence and making strategic investments to drive long-term growth. The company aims to adapt to changing market conditions by investing in technology and product innovation while continuing to deliver value to stakeholders.