Skyline Corporation (SKY) Tops Q1 EPS by 24c
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Skyline Champion Announces First Quarter Fiscal 2022 Results
August 3, 2021 4:34 PM EDTTROY, Mich.--(BUSINESS WIRE)-- Skyline Champion Corporation (NYSE: SKY) (Skyline Champion) today announced financial results for its first quarter ended July 3, 2021 for the fiscal year ending April 2, 2022 (fiscal 2022).
First Quarter Fiscal 2022 Highlights (compared to First Quarter Fiscal 2021)
Net sales increased 86.7% to $510.2 million U.S. factory-built homes sold increased 58.2% to 6,372 Total backlog increased by more than 500% to $1.2 billion Average selling price (ASP) per U.S. home sold increased 16.2% to $71,800 Gross profit margin expanded by 210 basis points to 21.9% Net income increased by 260.4% to $42.9 million Earnings per share (EPS)... More