Skyline Corporation (SKY) Tops Q3 EPS by 44c

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Skyline Champion Announces Third Quarter Fiscal 2022 Results

February 2, 2022 4:23 PM EST

TROY, Mich.--(BUSINESS WIRE)-- Skyline Champion Corporation (NYSE: SKY) (Skyline Champion) today announced financial results for its third quarter ended January 1, 2022 for the fiscal year ending April 2, 2022 (fiscal 2022).

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

Net sales increased 41.6% to $534.7 million U.S. factory-built homes sold increased 9.2% to 5,832 Total backlog increased to $1.5 billion Average selling price (ASP) per U.S. home sold increased 31.7% to $83,000 Gross profit margin expanded by 1,040 basis points to 29.4% Net income increased by 213.1% to $67.6 million Earnings per share (EPS) increased to $1.18... More