Skyline Corporation (SKY) Tops Q4 EPS by 51c

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Skyline Champion Announces Fourth Quarter and Full Year Fiscal 2022 Results

May 23, 2022 4:24 PM EDT

TROY, Mich.--(BUSINESS WIRE)-- Skyline Champion Corporation (NYSE: SKY) (Skyline Champion) today announced financial results for its fourth quarter and full year ended April 2, 2022 (fiscal 2022). Last years results included an extra week during the fourth quarter compared to fiscal 2022.

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

Net sales increased 42.5% to $638.1 million U.S. homes sold increased 11.1% to 6,580 Total backlog increased to $1.6 billion Average selling price (ASP) per U.S. home sold increased 30.7% to $87,800 Gross profit margin expanded by 780 basis points to 29.9% Net income... More