Skyline Champion reported quarterly earnings of $0.68 per share, beating estimates by 7.9%, and revenue of $621.3 million, up 4.6% year-over-year. The modular home builder sold a record 26,622 homes and inked a Homes Direct expansion deal, supported by a 0.01 debt-to-equity ratio and 2.48 current ratio.
Skyline Champion reported quarterly earnings of $0.68 per share, surpassing the consensus by 7.9% and up from $0.65 a year earlier, marking the fourth consecutive quarter of EPS beats.
Revenue reached $621.3 million, a 4.6% year-over-year increase, driven by strong order volumes and record fiscal-year home sales totaling 26,622 units.
The company expanded its retail footprint in the western United States through a Homes Direct distribution agreement, aiming to capture heightened demand in key regional markets.
A debt-to-equity ratio of 0.01 and a current ratio of 2.48 underscore robust financial health, providing ample flexibility for operational investments and growth initiatives.
