Brief: Skyline Champion Q1 Sales USD 701.3 Million Vs. IBES Estimate USD 642.3 Million

Champion Homes

05/08/2025 21:15

Overview

Skyline Champion fiscal Q1 sales rise 11.7%, beating analyst expectations, per LSEG data

EPS for fiscal Q1 increases 43%

Company repurchased $50 mln in shares and closed Iseman Homes acquisition

Outlook

Company confident in strategy and demand for homes

Skyline Champion sees dynamic market and consumer environment

Result Drivers

U.S. HOME SALES - 6.5% increase driven by higher shipments to community sales channel

PRICE INCREASES - ASP per U.S. home rose 3.6% due to product mix changes and higher prices at retail centers

ISEMAN ACQUISITION - Completed acquisition of Iseman Homes, contributing to strategic growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Beat
$701.30 mln
$642.30 mln (6 Analysts)
Q1 EPS
$1.13
Q1 Net Income
Beat
$64.70 mln
$47.30 mln (4 Analysts)
Q1 Gross Margin
27.1%


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the homebuilding peer group is "buy."

Wall Street's median 12-month price target for Champion Homes Inc is $85.00, about 23% above its August 4 closing price of $65.47

The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 22 three months ago

Press Release: ID:nBw3W8ZLra

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)