Skyline Corporation (SKY) Tops Q2 EPS by 27c

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Skyline Champion Announces Second Quarter Fiscal 2022 Results

November 2, 2021 4:32 PM EDT

TROY, Mich.--(BUSINESS WIRE)-- Skyline Champion Corporation (NYSE: SKY) (Skyline Champion) today announced financial results for its second quarter ended October 2, 2021 for the fiscal year ending April 2, 2022 (fiscal 2022).

Second Quarter Fiscal 2022 Highlights (compared to Second Quarter Fiscal 2021)

Net sales increased 62.6% to $524.2 million U.S. factory-built homes sold increased 25.9% to 5,902 Total backlog increased to $1.4 billion Average selling price (ASP) per U.S. home sold increased 32.3% to $79,900 Gross profit margin expanded by 520 basis points to 24.7% Net income increased by 189.7% to $50.7 million Earnings per share (EPS) increased to $0.89... More