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TROY, Mich. - Champion Homes, Inc. (NYSE:SKY) reported fourth quarter fiscal 2025 results that missed earnings and revenue expectations.
The manufactured housing company posted revenue of $593.9 million for the quarter, up 10.7% year-over-year and below the analyst estimates of $600.94 million. However, adjusted earnings per share came in at $0.63, missing the consensus forecast of $0.78.
Champion Homes saw U.S. home sales increase 5.1% to 5,941 units in Q4, while the average selling price rose 5% to $94,300. Gross profit margin expanded significantly to 25.7% from 18.3% in the prior year quarter.
"Champion delivered strong results across our family of brands and key business drivers in fiscal 2025," said CEO Tim Larson. He noted the company is focused on managing through current market volatility while investing in new products and expanding retail capabilities.
For the full fiscal year 2025, Champion Homes reported net sales of $2.5 billion, up 22.7% from fiscal 2024. Adjusted EBITDA increased 16.2% to $285.1 million.
The company ended the quarter with $610.3 million in cash and cash equivalents. It repurchased $20 million of shares during Q4 under its existing buyback program.
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