Skyline Corporation (SKY) Tops Q3 EPS by 14c, Revenues Beat

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Skyline Champion Announces Third Quarter Fiscal 2021 Results

February 1, 2021 4:05 PM EST

TROY, Mich.--(BUSINESS WIRE)-- Skyline Champion Corporation (NYSE: SKY) (Skyline Champion), today announced financial results for its third quarter ended December 26, 2020 for the fiscal year ending April 3, 2021 (fiscal 2021).

Third Quarter Fiscal 2021 Highlights (compared to Third Quarter Fiscal 2020)

Net sales increased 10.3% to $377.6 million U.S. factory-built homes sold increased 6.2% to 5,343 Total backlog increased 267.1% to $488.5 million Average selling price (ASP) per U.S. home sold increased 4.0% to $63,000 Gross profit margin declined by 110 basis points to 19.0% Net income increased by 26.8% to $21.6 million Earnings per share (EPS) increased to $0.38 from... More