Champion Homes Inc (SKY)

Champion Homes Announces Senior Leadership Appointments Across Customer Experience, Sales and ManufacturingJune 2, 2026 6:00 PM
Business Wire Champion Homes, Inc. (NYSE: SKY) (“Champion Homes”) today announced several leadership appointments in connection with the retirement of Joseph Kimmell, Executive Vice President, Operations, effective June 26, 2026. Mr. Kimmell will remain available on a consulting basis through the end of August to help ensure a smooth transition. The following appointments reflect the Company’s planned approach to succession and leadership alignment as Champion continues to evolve its operating model across 9,300 team members and 129 retail and manufacturing locations: Wade Lyall has been appointed Chief Sales Officer John Kastanek has been appointed Chief Customer Experience Officer Andrew Houser has been appointed Senior Vice President, Manufacturing “We are excited to announce these leadership appointments, which reflect the depth of talent across Champion and are the result of a thorough succession planning process,” said Tim Larson, President and CEO of Champion Homes. “Wade, John and Andrew bring valuable experience and a deep understanding of our business. By aligning leadership across customer experience, sales and manufacturing, we are strengthening our ability to serve customers, support our partners and execute across the business. With this team in place, we believe Champion is well positioned for its next phase of growth.” Mr. Larson concluded, “We are grateful for Joe’s many contributions to Champion over nearly three decades. He has played an important leadership role across the Company and our manufacturing organization, including developing a strong team, and we appreciate his long-standing commitment to Champion and support in helping ensure a smooth transition.” About Wade Lyall With more than 25 years of industry leadership, Mr. Lyall has a deep understanding of the Company’s operations, having originally joined Champion as a Sales Manager. He previously served as General Manager at two plants in Georgia from 2002 to 2005, Regional Vice President of Sales and Marketing from 2005 to 2012, Regional Vice President of the South Region beginning in 2012 and Vice President of Sales and Business Development beginning in 2015. Mr. Lyall received a B.S. in Business Administration from East Carolina University. About John Kastanek Mr. Kastanek has more than 25 years of leadership experience spanning product management, engineering and customer operations across manufacturing, consumer products and connected technology. In his current role as Vice President of Marketing and Customer Operations at Champion Homes, he leads enterprise marketing, digital engagement, customer operations, go-to-market strategy and sales enablement. His responsibilities include customer insights and feedback systems that inform product, engineering, manufacturing and operational decisions across the organization. Prior to joining Champion, Mr. Kastanek spent 17 years at Polaris Industries in senior roles across service engineering, product management, global service operations and connected strategy. Mr. Kastanek received a B. S. in Engineering from the University of Minnesota and an MBA from UMN Carlson School of Management. About Andrew Houser Mr. Houser has spent more than 25 years of leadership experience across manufacturing and retail operations. In his current role as President of Retail Operations for Champion Homes, he oversees retail operations and the manufacturing facilities that make up Regional Builders Group. Mr. Houser joined Champion as part of the Company’s Regional Homes acquisition, which closed in October 2023, and has brought valuable insights to the broader Champion organization, including through key initiatives in the Texas region. Mr. Houser received his M.A. in Organizational Management from Dallas Baptist University. About Champion Homes, Inc. Champion Homes, Inc. (NYSE: SKY) is a leading producer of factory-built housing in North America and employs more than 9,300 people. With more than 70 years of homebuilding experience and 46 manufacturing facilities throughout the United States and western Canada, Champion Homes is well positioned with an innovative portfolio of manufactured and modular homes, ADUs, park-models and modular buildings for the single-family, multi-family, and hospitality sectors. In addition to its core home building business, Champion Homes provides construction services to install and set-up factory-built homes, operates a factory-direct retail business with 84 retail locations across the United States, and operates Star Fleet Trucking, providing transportation services to the manufactured housing and other industries from several dispatch locations across the United States. Manufactured and Modular Homes
www.championhomes.com
www.skylinehomes.com
www.genesishomes.com Park Model RVs
www.championparkmodelscabins.com Star Fleet Trucking
www.starfleettrucking.com View source version on businesswire.com: https://www.businesswire.com/news/home/20260602322773/en/ Investor contact information:
Name: Ellen Kaleniecki, Head of Investor Relations
Email: investorrelations @oneofhis Original: Champion Homes Announces Senior Leadership Appointments Across Customer Experience, Sales and Manufacturing

Champion Homes tops quarterly estimates as investors weigh outlook concerns (SKY)May 26, 2026 9:19 AM
IH Market News Champion Homes (NYSE:SKY) reported fiscal fourth-quarter 2026 results on Tuesday that came in ahead of Wall Street expectations, although the stock edged 0.62% lower in premarket trading as investors assessed the company’s outlook amid ongoing pressure in the housing market. Earnings and revenue exceed analyst forecasts For the quarter ended March 28, 2026, Champion Homes posted adjusted earnings per share of $0.68, surpassing analyst expectations of $0.62 by $0.06. Quarterly revenue increased 4.6% year-over-year to $621.3 million, above the consensus estimate of $607.4 million and higher than the $593.9 million recorded in the prior-year period. Home sales volume declines despite higher pricing The number of homes sold in the United States slipped 0.6% to 5,908 units during the quarter. The company said lower sales volume through community and REIT distribution channels was partially offset by contributions from the acquisition of Iseman Homes. At the same time, the average selling price for U.S. homes rose 4.6% to $98,600, supported by product mix changes and channel dynamics. Net income pressured by acquisition and liability charges Net income for the quarter declined 18.4% year-over-year to $29.7 million, or $0.53 per diluted share, compared with $36.3 million in the same period a year earlier. Champion Homes said the decline was primarily driven by changes in the fair value of acquisition-related contingent consideration along with product liability adjustments. On an adjusted basis, net income increased 0.8% to $37.7 million. CEO highlights execution during difficult market conditions “Fiscal 2026 was a year of strong execution. Champion continued to outperform the broader industry while consistently meeting our internal expectations despite a volatile and challenging macro environment,” said Tim Larson, President and Chief Executive Officer of Champion Homes. Full-year profitability improves For the full fiscal year 2026, Champion Homes reported net sales growth of 7.3% to $2.7 billion. Adjusted net income increased 6.2% to $217.4 million, while adjusted EBITDA rose 8.1% to $308.2 million. Adjusted EBITDA margin expanded slightly to 11.6%, compared with 11.5% during fiscal 2025. Backlog mixed as company maintains strong cash position The company’s order backlog fell 8.0% from the prior year but increased 18.8% sequentially to $316.0 million. During fiscal 2026, Champion Homes repurchased $200 million of its common shares and ended the year with $638.3 million in cash and cash equivalents. Champion Homes stock price Original: Champion Homes tops quarterly estimates as investors weigh outlook concerns (SKY)

Champion Homes Announces Definitive Agreement to Acquire Retail Locations from Homes DirectMay 26, 2026 6:39 AM
Business Wire Expands Champion Homes’ Retail Presence in the Western United States Champion Homes, Inc. (NYSE: SKY) (“Champion” or “the Company”) today announced that it has entered into a definitive agreement to acquire the assets of Homes Direct representing 11 retail locations across key Western U. S. markets, including Arizona, California, Colorado, New Mexico and Oregon. These locations represent the majority of Homes Direct’s operating footprint and align closely with Champion’s manufacturing and distribution presence in the region. Homes Direct is the largest independent manufactured and modular home dealer in the western region of the United States, with a differentiated business model that engages a broad set of customers. The company offers a range of options and elevated purchasing experience, supporting customers through permitting, financing, home selection and site preparation. Through its innovative retail platform and additional go-to-market channels, Homes Direct expands Champion’s ability to drive retail growth and sales across key Western markets. The transaction is an opportunity to expand Champion’s Western U.S. retail footprint and accelerate the Company’s direct-to-consumer strategy by increasing access to high-quality retail locations closely aligned with Champion’s manufacturing network. “Homes Direct, led by pioneering industry leader and CEO Ray Gritton, is an outstanding retailer that we’ve admired and worked with for many years,” said Tim Larson, President and Chief Executive Officer of Champion Homes. “Our businesses complement each other well, and Homes Direct’s differentiated retail experience and significant western U.S. presence make this a natural fit. We are confident this acquisition strengthens our retail platform and will further our ability to win as a customer-centric, high performance agile team.” “Champion is an ideal long-term partner for Homes Direct, and I have significant trust in their team to take our assets forward,” said Gritton. “We share a strong focus on the customer, delivering a seamless transition for our employees and allowing us to continue delivering a differentiated retail experience while creating a great environment for future growth by expanding our reach across the United States.” The completion of the acquisition is subject to the satisfaction or waiver of certain customary closing conditions and is expected to close in Champion’s second quarter of fiscal year 2027. To ensure a seamless integration process, all Homes Direct employees at impacted locations will be offered employment by Champion following the completion of the transaction. Fourth Quarter and Full Year Fiscal 2026 Results In a separate release issued today, Champion announced its fourth quarter and full year fiscal 2026 financial results. The press release can be found on the Investor Relations section of the Company’s website. Champion will host a conference call and live webcast at 8:00 am ET today, May 26, 2026, to discuss the Company’s fourth quarter and full year 2026 results and the announced acquisition. The live webcast and presentation will be accessible through the Investor Relations section of the Company’s website at ir.championhomes.com. About Champion Homes, Inc. Champion Homes, Inc. (NYSE: SKY) is a leading producer of factory-built housing in North America and employs more than 9,300 people. With more than 70 years of homebuilding experience and 46 manufacturing facilities throughout the United States and western Canada, Champion Homes is well positioned with an innovative portfolio of manufactured and modular homes, ADUs, park-models and modular buildings for the single-family, multi-family, and hospitality sectors. In addition to its core home building business, Champion Homes provides construction services to install and set-up factory-built homes, operates a factory-direct retail business with 84 retail locations across the United States, and operates Star Fleet Trucking, providing transportation services to the manufactured housing and other industries from several dispatch locations across the United States. Manufactured and Modular Homes
www.championhomes.com
www.skylinehomes.com
www.genesishomes.com Park Model RVs
www.championparkmodelscabins.com Star Fleet Trucking
www.starfleettrucking.com About Homes Direct Homes Direct is the largest manufactured home and modular home dealer on the West Coast, with 15 locations in Washington, Oregon, California, Arizona, and New Mexico (also serving ID, NV, CO, UT, and TX). Homes Direct has four factory direct locations at Palm Harbor Homes (Oregon), Goldenwest Homes (California), Champion Homes (Arizona), and Karsten Homes (New Mexico). Homes Direct does business differently than most manufactured and modular home dealers. Homes Direct allows customers limitless options to customize their home. Homes Direct also has priced our homes right on its website, and assists each customer through the process of obtaining permits, finding affordable lenders, picking options/changes and helping with the site preparations as well. View source version on businesswire.com: https://www.businesswire.com/news/home/20260526575128/en/ Investor contact information:
Name: Ellen Kaleniecki, Head of Investor Relations
Email: investorrelations @oneofhis Original: Champion Homes Announces Definitive Agreement to Acquire Retail Locations from Homes Direct

Champion Homes Announces Fourth Quarter and Full Year Fiscal 2026 ResultsMay 26, 2026 6:40 AM
Business Wire Champion Homes, Inc. (NYSE: SKY) (“Champion Homes” or the “Company”) today announced financial results for its fourth quarter and full year ended March 28, 2026 (“fiscal 2026”). Fourth Quarter and Full Year Fiscal 2026 Highlights (compared to Fourth Quarter and Full Year Fiscal 2025, respectively, unless otherwise noted) 4QF26 net sales increased 4.6% to $621.3 million and FY26 net sales increased 7.3% to $2.7 billion 4QF26 net income decreased 18.4% to $29.7 million, while FY26 net income increased 4.3% to $206.9 million Adjusted net income for 4QF26 increased 0.8% to $37.7 million; FY26 adjusted net income increased 6.2% to $217.4 million Adjusted EBITDA increased 6.3% to $55.9 million in 4QF26 and FY26 adjusted EBITDA increased 8.1% to $308.2 million 4QF26 earnings per diluted share (“EPS”) was $0.53, and on an adjusted basis, EPS was $0.68; FY26 EPS was $3.66 and FY26 adjusted EPS increased 9.4% to $3.85 Backlog decreased 8.0% year-over-year and increased 18.8% in 4QF26 to $316.0 million from the sequential third quarter “Fiscal 2026 was a year of strong execution. Champion continued to outperform the broader industry while consistently meeting our internal expectations despite a volatile and challenging macro environment,” said Tim Larson, President and Chief Executive Officer of Champion Homes. “Both our fourth quarter and full-year results reflect the commitment to our strategic priorities focused on addressing the unmet demand from affordability-constrained consumers with high-quality homes. Our strong balance sheet, differentiated channel strategy, and industry-leading family of brands position us well for continued execution and value creation for all our stakeholders. We continue to invest in new products and services and expand our retail capabilities, including the acquisition of Homes Direct.” Fourth Quarter Fiscal 2026 Results Net sales for the fourth quarter fiscal 2026 increased 4.6% to $621.3 million compared to the prior-year period. The number of U.S. homes sold in the fourth quarter fiscal 2026 decreased 0.6% to 5,908, driven by lower community/REIT channel volume, partially offset by sales from the Iseman Homes acquisition. The ASP per U.S. home sold increased 4.6% to $98,600 due to product mix and channel dynamics. The number of Canadian factory-built homes sold in the quarter increased to 243 homes compared to 230 homes in the prior-year period. Gross profit increased 1.3% to $154.4 million in the fourth quarter fiscal 2026 compared to the prior-year period. Adjusted gross profit for the fourth quarter fiscal 2026 increased 4.6% to $159.4 million compared to the prior-year period. On an adjusted basis, gross profit margin was 25.7%, flat compared to the fourth quarter fiscal 2025. Net income decreased 18.4% to $29.7 million for the fourth quarter fiscal 2026 compared to the prior-year period. The decrease in net income was primarily driven by charges related to the change in fair value of acquisition contingent consideration and product liability true-up. On an adjusted basis, net income increased 0.8% to $37.7 million for the fourth quarter fiscal 2026. For the fourth quarter fiscal 2026, EBITDA decreased 11.1% to $45.7 million. Adjusted EBITDA for the fourth quarter fiscal 2026 increased 6.3% to $55.9 million compared to the prior-year period. Adjusted EBITDA margin for the quarter increased slightly to 9.0%, compared to 8.9% in the prior-year period. As of March 28, 2026, Champion Homes had $638.3 million in cash and cash equivalents. The Company repurchased and retired $50.0 million of its common stock during the fourth quarter and $200.0 million for the full fiscal year under the previously announced repurchase program. In May 2026, the Board of Directors refreshed the share repurchase authorization to provide for $150 million of potential future repurchases. Full Year Fiscal 2026 Results For fiscal year 2026, net sales increased 7.3% to $2.7 billion compared to $2.5 billion in fiscal 2025. The increase in net sales was primarily driven by ASP per US home sold and the inclusion of Iseman Homes, acquired in May 2025. Gross profit increased 6.1% to $704.3 million in fiscal 2026 compared to $664.0 million in fiscal 2025. On an adjusted basis, gross profit for fiscal 2026 increased 6.8% to $709.3 million compared to the prior-year period. Adjusted gross profit margin was 26.6% compared to 26.7% in fiscal 2025. Gross profit margin was 26.4% of net sales, compared to 26.7% in fiscal 2025. Net income for fiscal 2026 increased 4.3% to $206.9 million compared to $198.4 million for fiscal 2025, driven by higher sales, partially offset by higher SG&A and the aforementioned one-time acquisition contingent consideration and product liability true-up. Adjusted net income increased 6.2% to $217.4 million for fiscal 2026. For fiscal 2026, EBITDA increased 6.5% to $295.0 million compared to $277.1 million in fiscal 2025. Adjusted EBITDA for fiscal 2026 increased 8.1% to $308.2 million, compared to $285.1 million for fiscal 2025. Adjusted EBITDA margin increased slightly to 11.6% in fiscal 2026, compared to 11.5% in fiscal 2025. Conference Call and Webcast Information Champion Homes will host a conference call today, Tuesday, May 26, 2026, at 8:00 A.M. Eastern Time to discuss the Company's financial results and an update on current operations. Investors and interested other parties can listen to a webcast of the live conference call here, and also by visiting the Investor Relations section of Champion Homes’ website at ir.championhomes.com. The online replay will be available on the same website immediately following the call. The conference call can also be accessed by dialing (800) 225-9448 (domestic) or (203) 518-9708 (international) and using the Conference ID: CHAMPION when joining. A telephonic replay will be available approximately three hours after the call by dialing (844) 512-2921, or for international callers, (412) 317-6671. The passcode for the replay is 11161365. The telephonic replay will be available until 11:59 P.M. Eastern Time on June 9, 2026. About Champion Homes, Inc. Champion Homes, Inc. (NYSE: SKY) is a leading producer of factory-built housing in North America and employs more than 9,300 people. With more than 70 years of homebuilding experience and 46 manufacturing facilities throughout the United States and western Canada, Champion Homes is well positioned with an innovative portfolio of manufactured and modular homes, ADUs, park-models and modular buildings for the single-family, multi-family, and hospitality sectors. In addition to its core home building business, Champion Homes provides construction services to install and set-up factory-built homes, operates a factory-direct retail business with 84 retail locations across the United States, and operates Star Fleet Trucking, providing transportation services to the manufactured housing and other industries from several dispatch locations across the United States. Manufactured and Modular Homes
www.championhomes.com
www.skylinehomes.com
www.genesishomes.com Park Model RVs
www.championparkmodelscabins.com Star Fleet Trucking
www.starfleettrucking.com Presentation of Non-GAAP Financial Measures In addition to the results provided in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) throughout this press release, Champion Homes has provided Non-GAAP financial measures, Adjusted Gross Profit, Adjusted Gross Profit Margin, Adjusted Selling, General, and Administrative expenses (“SG&A”), Adjusted EBITDA, Adjusted EBITDA Margin, Adjusted Net Income, and Adjusted EPS, (collectively the “Non-GAAP Financial Measures”) which present operating results on a basis adjusted for certain items. Champion Homes uses these Non-GAAP Financial Measures for business planning purposes and in measuring its performance relative to that of its competitors. Champion Homes believes that these Non-GAAP Financial Measures are useful financial metrics to assess its operating performance from period-to-period by excluding certain items that Champion Homes believes are not representative of its core business. These Non-GAAP Financial Measures are not intended to replace, and should not be considered superior to, the presentation of Champion Homes’ financial results in accordance with U.S. GAAP. Champion Homes defines Adjusted Gross Profit as gross profit or loss plus expenses or minus income for charges related to the remediation of the water intrusion product liability. Adjusted Gross Profit Margin is calculated as Adjusted Gross Profit as a percentage of net sales. Champion Homes defines Adjusted SG&A as SG&A plus expenses or minus income for the change in fair value of contingent consideration. Champion Homes defines Adjusted EBITDA as net income or loss attributable to Champion Homes, Inc. plus expenses or minus income, (a) the provision for income taxes, (b) interest income or expense, net, (c) depreciation and amortization, (d) gain or loss from discontinued operations, (e) restructuring charges and impairment of assets, (f) equity in net earnings or losses of ECN Capital Corp., (g) charges related to the remediation of the water intrusion product liability claims and reimbursement of water intrusion costs; and (h) other non-operating income and costs, including but not limited to those costs for the acquisition and integration or disposition of businesses, including the change in fair value of contingent consideration, and idle facilities. Adjusted EBITDA Margin is calculated as Adjusted EBITDA divided by net sales reported in the income statements. Champion Homes defines Adjusted Net Income as net income or loss attributable to Champion Homes, Inc. plus expenses or minus income (net of tax where applicable), (a) gain or loss from discontinued operations, (b) restructuring charges and impairment of assets, (c) equity in net earnings or losses of ECN Capital Corp., (d) charges related to the remediation of estimated water intrusion product liability claims and reimbursement of water intrusion costs, and (e) other non-operating income or expense including, but not limited to those costs for the acquisition and integration or disposition of businesses, including the change in fair value of contingent consideration, and idle facilities. Champion Homes defines Adjusted EPS as Adjusted Net Income divided by shares outstanding. Adjusted Gross Profit, Adjusted Gross Profit Margin, Adjusted SG&A, Adjusted EBITDA, Adjusted EBITDA Margin, Adjusted Net Income and Adjusted EPS are not measures of earnings calculated in accordance with U.S. GAAP, and should not be considered an alternative to, or more meaningful than, net income or loss, net sales, operating income or earnings per share prepared on a U.S. GAAP basis. These Non-GAAP Financial Measures do not purport to represent cash flow provided by, or used in, operating activities as defined by U.S. GAAP. Champion Homes believes that similar Non-GAAP Financial Measures are commonly used by investors to evaluate its performance and that of its competitors. However, Champion Homes use of Non-GAAP Financial Measures may vary from that of others in its industry. The Non-GAAP Financial Measures are reconciled from the respective measure under U.S. GAAP in the tables below. Forward-Looking Statements Statements in this press release, including certain statements regarding Champion Homes’ strategic initiatives, and future market demand are intended to be covered by the safe harbor for "forward-looking statements" provided by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by use of words such as "believe," "expect," "future," "anticipate," "intend," "plan," "foresee," "may," "could," "should," "will," "potential," "continue," or other similar words or phrases. Similarly, statements that describe objectives, plans, or goals also are forward-looking statements. Such forward-looking statements involve inherent risks and uncertainties, many of which are difficult to predict and are generally beyond the control of Champion Homes. We caution readers that a number of important factors could cause actual results to differ materially from those expressed in, implied, or projected by such forward-looking statements. Risks and uncertainties include regional, national and international economic, financial, public health and labor conditions, and the following: supply-related issues, including prices and availability of materials; changes in U.S. trade policies, including tariffs or other trade protection measures; labor-related issues; inflationary pressures in the North American economy; the cyclicality and seasonality of the housing industry and its sensitivity to changes in general economic or other business conditions; demand fluctuations in the housing industry, including as a result of actual or anticipated increases in homeowner borrowing rates; the possible unavailability of additional capital when needed; competition and competitive pressures; changes in consumer preferences for our products or our failure to gauge those preferences; quality problems, including the quality of parts sourced from suppliers and related liability and reputational issues; data security breaches, cybersecurity attacks, and other information technology disruptions; the potential disruption of operations caused by the conversion to new information systems; the extensive regulation affecting the production and sale of factory-built housing and the effects of possible changes in laws with which we must comply; the potential impact of natural disasters or geopolitical conflicts on sales and raw material costs; the risks associated with mergers and acquisitions, including integration of operations and information systems; periodic inventory adjustments by, and changes to relationships with, independent retailers; changes in interest and foreign exchange rates; insurance coverage and cost issues; the possibility that all or part of our intangible assets, including goodwill, might become impaired; the possibility that our risk management practices may leave us exposed to unidentified or unanticipated risks; the potential disruption to our business caused by public health issues, such as an epidemic or pandemic, and resulting government actions; and other risks set forth in the “Risk Factors” section, the “Legal Proceedings” section, the “Management's Discussion and Analysis of Financial Condition and Results of Operations” section, and other sections, as applicable, in our Annual Reports on Form 10-K, including our Annual Report on Form 10-K for the fiscal year ended March 29, 2025 previously filed with the Securities and Exchange Commission (“SEC”), as well as in our Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K, filed with or furnished to the SEC. If any of these risks or uncertainties materializes or if any of the assumptions underlying such forward-looking statements proves to be incorrect, then the developments and future events concerning Champion Homes set forth in this press release may differ materially from those expressed or implied by these forward-looking statements. You are cautioned not to place undue reliance on these statements, which speak only as of the date of this release. We anticipate that subsequent events and developments will cause our expectations and beliefs to change. Champion Homes assumes no obligation to update such forward-looking statements to reflect events or circumstances after the date of this document or to reflect the occurrence of unanticipated events, unless obligated to do so under the federal securities laws. CHAMPION HOMES, INC. CONSOLIDATED BALANCE SHEETS (Unaudited, dollars in thousands)       March 28,
2026     March 29,
2025   ASSETS             Current assets:             Cash and cash equivalents   $ 638,259     $ 610,338   Trade accounts receivable, net     88,810       84,103   Inventories, net     358,313       360,629   Other current assets     42,836       31,428   Total current assets     1,128,218       1,086,498   Long-term assets:             Property, plant, and equipment, net     314,197       307,140   Goodwill     365,151       357,973   Amortizable intangible assets, net     55,815       64,712   Deferred tax assets     23,456       37,998   Other noncurrent assets     244,709       256,087   Total assets   $ 2,131,546     $ 2,110,408   LIABILITIES AND STOCKHOLDERS' EQUITY             Current liabilities:             Floor plan payable   $ 94,649     $ 106,091   Accounts payable     70,546       65,136   Other current liabilities     290,147       280,081   Total current liabilities     455,342       451,308   Long-term liabilities:             Long-term debt     14,440       24,773   Deferred tax liabilities     8,445       7,350   Other liabilities     80,382       82,539   Total long-term liabilities     103,267       114,662                 Stockholders' Equity:             Common stock     1,521       1,584   Additional paid-in capital     611,934       586,941   Retained earnings     975,947       975,981   Accumulated other comprehensive loss     (16,465 )     (20,068 ) Total stockholders’ equity     1,572,937       1,544,438   Total liabilities and stockholders' equity   $ 2,131,546     $ 2,110,408   CHAMPION HOMES, INC. CONSOLIDATED INCOME STATEMENTS (Unaudited, dollars in thousands, except per share amounts)       Three Months Ended     Twelve Months Ended       March 28,
2026     March 29,
2025     March 28,
2026     March 29,
2025                 Net sales   $ 621,278     $ 593,867     $ 2,663,639     $ 2,483,448   Cost of sales     466,914       441,414       1,959,320       1,819,425   Gross profit     154,364       152,453       704,319       664,023   Selling, general, and administrative expenses     118,401       110,295       452,554       426,991   Operating income     35,963       42,158       251,765       237,032   Interest (income), net     (4,095 )     (3,997 )     (16,444 )     (16,974 ) Other (income) expense     —       1       (2,362 )     (3,362 ) Income before income taxes     40,058       46,154       270,571       257,368   Income tax expense     8,132       7,915       56,757       53,724   Net income before equity in net (income) loss of affiliates     31,926       38,239       213,814       203,644   Equity in net (income) loss of affiliates     (179 )     538       (382 )     2,004   Net income     32,105       37,701       214,196       201,640   Net income attributable to non-controlling interest     2,429       1,353       7,298       3,227   Net income attributable to Champion Homes, Inc   $ 29,676     $ 36,348     $ 206,898     $ 198,413   Net income per share:                         Basic   $ 0.54     $ 0.63     $ 3.68     $ 3.45   Diluted   $ 0.53     $ 0.63     $ 3.66     $ 3.42   CHAMPION HOMES, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited, dollars in thousand)       Year Ended       March 28,
2026     March 29,
2025           Cash flows from operating activities             Net income   $ 214,196     $ 201,640   Adjustments to reconcile net income to net cash provided by operating activities:             Depreciation and amortization     47,789       41,910   Equity-based compensation     20,889       18,269   Deferred taxes     13,899       (10,585 ) Amortization of deferred financing fees     521       414   (Gain) loss on disposal of property, plant, and equipment     (2,583 )     35   Foreign currency transaction (gain) loss     (488 )     1,305   Equity in net (income) loss of affiliates     (382 )     2,004   Dividends from equity method investment     956       1,242   Change in fair value of contingent consideration     4,497       8,620   Change in assets and liabilities, net of businesses acquired:             Accounts receivable     (4,181 )     (19,507 ) Floor plan receivables     (9,008 )     (22,601 ) Inventories     20,126       (41,961 ) Other assets     5,797       15,594   Accounts payable     4,291       14,424   Accrued expenses and other current liabilities     (12,451 )     30,054   Net cash provided by operating activities     303,868       240,857   Cash flows from investing activities             Additions to property, plant, and equipment     (34,119 )     (50,532 ) Cash paid for acquisitions, net of cash acquired     (27,336 )     —   Cash paid for equity method investment     (895 )     —   Proceeds from floor plan loans     —       2,745   Proceeds from disposal of property, plant, and equipment     5,154       1,632   Net cash (used in) investing activities     (57,196 )     (46,155 ) Cash flows from financing activities             Changes in floor plan financing, net     (11,588 )     14,805   Payments on long term-debt     (1,096 )     —   Payments for deferred financing fees     (1,048 )     —   Distributions to noncontrolling interest     (7,298 )     —   Payments for repurchase of common stock     (200,000 )     (79,999 ) Stock option exercises     4,111       473   Tax payments for equity-based compensation     (5,301 )     (8,317 ) Net cash (used in) financing activities     (222,220 )     (73,038 ) Effect of exchange rate changes on cash and cash equivalents     3,469       (6,389 ) Net increase in cash and cash equivalents     27,921       115,275   Cash and cash equivalents at beginning of period     610,338       495,063   Cash and cash equivalents at end of period   $ 638,259     $ 610,338   CHAMPION HOMES, INC. RECONCILIATION OF NET INCOME TO ADJUSTED EBITDA (Unaudited, dollars in thousand)       Three months ended Twelve Months Ended       March 28,
2026     March 29,
2025     March 28,
2026     March 29,
2025   Net income attributable to Champion Homes, Inc.   $ 29,676     $ 36,348     $ 206,898     $ 198,413   Income tax expense     8,132       7,915       56,757       53,724   Interest (income), net     (4,095 )     (3,997 )     (16,444 )     (16,974 ) Depreciation and amortization     11,964       11,114       47,789       41,910   EBITDA     45,677       51,380       295,000       277,073   Equity in net (income) loss of ECN     (523 )     498       (1,192 )     363   Change in fair value of contingent consideration     4,496       708       4,496       8,620   Plant closure costs     —       —       5,832       —   Gain on Sale of idle facility     —       —       (3,650 )     —   Product liability - water intrusion, net     5,030             5,030         Transaction costs     642       —       1,794       —   Other     600       —       919       (1,000 ) Adjusted EBITDA   $ 55,922     $ 52,586     $ 308,229     $ 285,056   CHAMPION HOMES, INC. RECONCILIATION OF NET INCOME TO ADJUSTED NET INCOME AND ADJUSTED EARNINGS PER SHARE (Unaudited, dollars and shares in thousands, except per share amounts) (Certain amounts shown net of tax, as applicable)       Three Months Ended     Twelve Months Ended       March 28,
2026     March 29,
2025     March 28,
2026     March 29,
2025                             Net income attributable to Champion Homes, Inc.   $ 29,676     $ 36,348     $ 206,898     $ 198,413   Adjustments:                         Equity in net loss of ECN     (523 )     498       (1,192 )     363   Change in fair value of contingent consideration     3,552       533       3,546       6,621   Plant closure costs     —       —       4,786       —   Gain on sale of idle facility     —       —       (2,749 )     —   Product liability - water intrusion, net     3,974       —       3,974       —   Transaction costs     507       —       1,422       —   Other     474       —       715       (753 ) Adjusted net income attributable to Champion Homes, Inc.   $ 37,660     $ 37,379     $ 217,400     $ 204,644   Adjusted basic net income per share   $ 0.68     $ 0.65     $ 3.87     $ 3.56   Adjusted diluted net income per share   $ 0.68     $ 0.65     $ 3.85     $ 3.52   Average basic shares outstanding     55,223       57,330       56,150       57,562   Average diluted shares outstanding     55,617       57,793       56,502       58,075   CHAMPION HOMES, INC. RECONCILIATION OF GROSS PROFIT TO ADJUSTED GROSS PROFIT (Unaudited, dollars in thousand)       Three Months Ended Twelve Months Ended     March 28,
2026     March 29,
2025     March 28,
2026     March 29,
2025                             Gross Profit   $ 154,364     $ 152,453     $ 704,319     $ 664,023   Product liability - water intrusion, net     5,030       —       5,030       —   Adjusted Gross Profit   $ 159,394     $ 152,453     $ 709,349     $ 664,023     View source version on businesswire.com: https://www.businesswire.com/news/home/20260526649507/en/ Investor contact information:
Name: Ellen Kaleniecki, Head of Investor Relations
Email: investorrelations @oneofhis Original: Champion Homes Announces Fourth Quarter and Full Year Fiscal 2026 Results

Champion® Homes Announces the Offsite Construction Event 2026, an Industry-Leading Conference Designed to Help Builders Grow Their BusinessesMay 18, 2026 4:15 PM
Business Wire Champion Homes, Inc. (“Champion Homes”) today announced the Offsite Construction Event 2026, an exciting gathering of home builders and developers offering an in-depth look at how offsite construction can help them scale their businesses. This high-impact event is free to attend and will be held June 16-17, 2026, in York, Neb. The Offsite Construction Event is the only event of its kind in the factory-built housing industry. It highlights how Champion Homes is leading the way in spreading awareness of offsite construction as an important solution for builders, offering them the opportunity to build more homes at a faster pace. “With the Offsite Construction Event, Champion Homes is proud to lead the industry in highlighting how high quality factory-built homes are a key solution for builders and developers who want to scale their businesses with cost-effective homes built on faster timelines,” said Champion Homes Vice President of Builder Developer Scott Thomas. Builders will get high-value insights from the Offsite Construction Event: Expert Business Strategies: Learn from offsite construction industry leaders at an educational seminar and expert builder panel focused on how to fast-track projects and maximize return on investment. In-Person Experiences: See a crane live set of a modular home in a new development. Interactive Tours: Get an exclusive look inside a Champion Homes manufacturing facility, and step inside new offsite-built homes designed for different types of developments. Industry Networking Opportunities: Make new connections with builders, developers, government officials and housing industry decision-makers. Everyone who joins this forward-thinking event will learn how offsite construction leverages the unique efficiencies of building homes in factories, offering significant time and budget savings. Builders can reduce their construction time by 12 weeks per average build compared to site-built homes, leading to an average savings of 13 percent per average build. “I’m extremely excited for the opportunity to educate builders, developers and municipal officials about how offsite construction can help them build more homes and eliminate a tremendous number of headaches they currently encounter every day,” said Thomas. “Offsite construction can help builders deliver high quality projects to their markets faster while our team manages as much as 90 percent of their current trades for them, allowing them to significantly scale their businesses.” Registration is free for the Offsite Construction Event June 16-17, 2026, in York, Neb. About Champion Homes, Inc. Champion Homes, Inc. is a leading producer of factory-built housing in North America and employs more than 9,000 people. With more than 70 years of homebuilding experience and 46 manufacturing facilities throughout the United States and western Canada, Champion Homes is well positioned with an innovative portfolio of manufactured and modular homes, ADUs, park-models and modular buildings for the single-family, multi-family, and hospitality sectors. In addition to its core home building business, Champion Homes provides construction services to install and set-up factory-built homes, operates a factory-direct retail business with 83 retail locations across the United States, and operates Star Fleet Trucking, providing transportation services to the manufactured housing and other industries from several dispatch locations across the United States. Manufactured and Modular Homes www.championhomes.com
www.skylinehomes.com
www.genesishomes.com Park Model RVs www.championparkmodelscabins.com Star Fleet Trucking www.starfleettrucking.com View source version on businesswire.com: https://www.businesswire.com/news/home/20260518329859/en/ Investors
Ellen Kaleniecki
investorrelations @Elwood-8211 Original: Champion® Homes Announces the Offsite Construction Event 2026, an Industry-Leading Conference Designed to Help Builders Grow Their Businesses

Champion Homes Announces Fourth Quarter and Full Year 2026 Earnings Release Date and Conference CallMay 13, 2026 4:15 PM
Business Wire Champion Homes, Inc. (NYSE: SKY) (“Champion Homes”) will release its earnings results for the fourth quarter and full year 2026 before the market opens on Tuesday, May 26, 2026. Champion Homes will hold a conference call to discuss the results the same day at 8:00 A.M. Eastern Time. Interested investors and other parties can listen to a webcast of the live conference call here, and also by visiting the Investor Relations section of Champion Homes’ website at ir.championhomes.com. The online replay will be available on the same website immediately following the call. The conference call can also be accessed by dialing (800) 225-9448 (domestic) or (203) 518-9708 (international) and using the Conference ID: CHAMPION when joining. A telephonic replay will be available approximately three hours after the call by dialing (844) 512-2921, or for international callers, (412) 317-6671. The passcode for the replay is 11161365. The telephonic replay will be available until 11:59 P.M. Eastern Time on June 9, 2026. About Champion Homes, Inc.: Champion Homes, Inc. (NYSE: SKY) is a leading producer of factory-built housing in North America and employs approximately 9,300 people. With more than 70 years of homebuilding experience and 46 manufacturing facilities throughout the United States and western Canada, Champion Homes is well positioned with an innovative portfolio of manufactured and modular homes, ADUs, park-models and modular buildings for the single-family, multi-family, and hospitality sectors. In addition to its core home building business, Champion Homes provides construction services to install and set-up factory-built homes, operates a factory-direct retail business with 84 retail locations across the United States, and operates Star Fleet Trucking, providing transportation services to the manufactured housing and other industries from several dispatch locations across the United States. Manufactured and Modular Homes
www.championhomes.com
www.skylinehomes.com
www.genesishomes.com Park Model RVs
www.championparkmodelscabins.com Star Fleet Trucking
www.starfleettrucking.com View source version on businesswire.com: https://www.businesswire.com/news/home/20260513407189/en/ Investor contact information:
Name: Ellen Kaleniecki, Head of Investor Relations
Email: investorrelations @oneofhis Original: Champion Homes Announces Fourth Quarter and Full Year 2026 Earnings Release Date and Conference Call

Champion® Homes Celebrates Planting Nearly Two Million Trees in Collaboration with the Arbor Day Foundation™, Showing Dedication to Sustainability in Local CommunitiesApril 24, 2026 4:15 PM
Business Wire
Champion Homes, Inc. (NYSE: SKY) (“Champion Homes”) is proud to announce its milestone achievement of helping to plant nearly two million trees with the Arbor Day Foundation, exemplifying the offsite homebuilder’s commitment to sustainability.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260424773558/en/Champion Homes had a tree planting day of impact on Arbor Day celebrating the company's milestone achievement of helping to plant nearly two million trees in collaboration with the Arbor Day Foundation. Photo by WindowStill.
Since 2021, Champion Homes and the Arbor Day Foundation have worked together on 51 tree planting projects across the U.S. and Canada. These large-scale reforestation efforts are focused on areas where the company’s homes are built and delivered.


As part of the celebration, Champion Homes hosted a tree-planting day of impact this Arbor Day (April 24) in Metro Detroit, where the company’s headquarters is located. Champion employees assisted with digging holes, planting trees and supporting other hands-on activities throughout the project.


“Through the planting of nearly two million trees in collaboration with the Arbor Day Foundation, Champion Homes is proud to help clean the air we breathe, protect water quality and deliver lasting benefits to communities and future generations,” said Champion Homes President and CEO Tim Larson. "We are grateful for everyone that’s made this possible, including those taking the time to join today’s tree-planting day of impact in service of our local community.”


Through Champion Homes’s work with the Arbor Day Foundation, the company is helping restore Detroit’s urban forest and strengthen the health and resilience of the community. Detroit has lost hundreds of thousands of trees over the past several decades, according to the Greening of Detroit, one of the Arbor Day Foundation’s local planting partners.


Forest products are the largest raw material used in the construction of a home, and Champion Homes has taken proactive steps to balance its use through planting one tree for every one used in the building process.


Champion Homes is proud of the meaningful impact it’s had in collaboration with the Arbor Day Foundation:



Nearly two million trees planted in five years



975,000 metric tons of carbon dioxide sequestered, equal to 210,000 fewer cars on the road for one year



106 million gallons of runoff water avoided, enough water for 1.2 million people for one day



3,800 tons of air pollutants removed, enough oxygen for almost 7.7 million people for one day



About the Arbor Day Foundation


The Arbor Day Foundation is a global nonprofit inspiring people to plant, nurture, and celebrate trees. They foster a growing community of more than 1 million leaders, innovators, planters, and supporters united by their bold belief that a more hopeful future can be shaped through the power of trees. For more than 50 years, they’ve answered critical need with action, planting more than half a billion trees alongside their partners. And this is only the beginning.


The Arbor Day Foundation is a 501(c)(3) nonprofit pursuing a future where all life flourishes through the power of trees. Learn more at arborday.org.


About Champion Homes, Inc.


Champion Homes, Inc. (NYSE: SKY) is a leading producer of factory-built housing in North America and employs more than 9,000 people. With more than 70 years of homebuilding experience and 46 manufacturing facilities throughout the United States and western Canada, Champion Homes is well positioned with an innovative portfolio of manufactured and modular homes, ADUs, park-models and modular buildings for the single-family, multi-family, and hospitality sectors.


In addition to its core home building business, Champion Homes provides construction services to install and set-up factory-built homes, operates a factory-direct retail business with 83 retail locations across the United States, and operates Star Fleet Trucking, providing transportation services to the manufactured housing and other industries from several dispatch locations across the United States.


Manufactured and Modular Homes

www.championhomes.com

www.skylinehomes.com

www.genesishomes.com


Park Model RVs

www.championparkmodelscabins.com


Star Fleet Trucking

www.starfleettrucking.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20260424773558/en/
Investors

Ellen Kaleniecki

investorrelations@championhomes.com

947-225-2919


Original: Champion® Homes Celebrates Planting Nearly Two Million Trees in Collaboration with the Arbor Day Foundation™, Showing Dedication to Sustainability in Local Communities

Champion® Homes Wins MHI Excellence in Manufactured Housing Award for 12th Consecutive YearApril 8, 2026 4:15 PM
Business Wire
Champion Homes, Inc. (NYSE: SKY) (“Champion Homes”) today announced it won the Manufactured Housing Institute (MHI) Excellence in Manufactured Housing Award for the 12th year in a row.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260408748697/en/Champion Homes won the 2026 MHI Excellence in Manufactured Housing Award in the Manufactured Home Design – CrossMod® category for the Belvidere. Photos by WindowStill.
MHI awarded Champion Homes with top honors in the Manufactured Home Design – CrossMod® category. With this announcement, Champion’s Excellence in Manufactured Housing Award total comes to 27 in the last 12 years, showcasing the depth and breadth of the company’s portfolio of products.


“Our exceptional team at Champion Homes is committed to building high quality and attainable offsite-built homes, so more families can realize the dream of homeownership,” said Champion Homes President and CEO Tim Larson. “We’re honored to receive the prestigious MHI Excellence in Manufactured Housing Award, which highlights the incredible work our team is doing to create smart-built homes that homeowners love.”


Champion’s winning CrossMod home is the Belvidere, a gorgeous three-bedroom, two-bathroom, 1,493-square-foot home. Built by Champion’s Topeka, Ind., manufacturing facility, the Belvidere exemplifies the highest standards of CrossMod design.


CrossMod homes, or crossover modern homes, combine the benefits and value of offsite-built homes with the features and aesthetics of site-built homes. They offer amenities typically found in site-built homes, such as garages, carports, steeper roof pitches and energy efficient features. Champion’s award for the Belvidere CrossMod home shows the company’s commitment to industry innovation in this exciting home category.


A high quality and cost-effective housing solution, CrossMods are built according to the U.S. Department of Housing and Urban Development code, offering the benefits of standardized, factory-built construction along with providing opportunities for personalization. CrossMods can be built on permanent foundations, including basements, and they’re eligible for many traditional financing options, providing an attainable path to homeownership.


The Belvidere’s exterior features a serene blue design and white accents, offering comparable aesthetics to site-built homes. The interior blends a light color palette with subtle farmhouse details, combining modern aesthetics and functional design in one beautiful space.


The butler's pantry is the crown jewel of the home, offering lots of cabinets, counterspace for food prep, and a window that floods this unique space with light. In the kitchen, there’s a massive island with bar seating for four, a floor-to-ceiling white subway tile backsplash, stainless steel Whirlpool® appliances, two windows and a farmhouse sink.


Appealing amenities are abundant in the primary bathroom, which features a walk-in shower with marble-inspired tile and a rainfall showerhead, a double vanity with trendy square sinks and a built-in linen closet.


MHI received more than 80 submissions across 18 categories for this year’s awards, which were announced at the 2026 Excellence in Manufactured Housing Awards at MHI Congress & Expo in Las Vegas, Nev. MHI’s annual awards program honors those in the manufactured and modular housing industry who provide outstanding products, customer service, creative solutions and state-of-the-art homes.


About the Manufactured Housing Institute (MHI)


MHI is the national trade organization representing all segments of the factory-built housing industry. MHI serves its membership by providing industry research, promotion, education and government relations programs and by building and facilitating consensus within the industry.


About Champion Homes, Inc.


Champion Homes, Inc. (NYSE: SKY) is a leading producer of factory-built housing in North America and employs more than 9,000 people. With more than 70 years of homebuilding experience and 46 manufacturing facilities throughout the United States and western Canada, Champion Homes is well positioned with an innovative portfolio of manufactured and modular homes, ADUs, park-models and modular buildings for the single-family, multi-family, and hospitality sectors.


In addition to its core home building business, Champion Homes provides construction services to install and set-up factory-built homes, operates a factory-direct retail business with 83 retail locations across the United States, and operates Star Fleet Trucking, providing transportation services to the manufactured housing and other industries from several dispatch locations across the United States.


Manufactured and Modular Homes

www.championhomes.com

www.skylinehomes.com

www.genesishomes.com


Park Model RVs

www.championparkmodelscabins.com


Star Fleet Trucking

www.starfleettrucking.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20260408748697/en/
Investors

Alex Thompson and Cody Cree

investorrelations@championhomes.com

(248) 614-8211


Original: Champion® Homes Wins MHI Excellence in Manufactured Housing Award for 12th Consecutive Year

Champion® Homes Wins Gold Award for Modular Home Design in the National Association of Home Builders Best in American Living™ Awards, Highlighting Modular Construction as Beautiful, Functional Housing SolutionFebruary 23, 2026 4:15 PM
Business Wire
Champion Homes, Inc. (NYSE: SKY) (“Champion Homes”) has been recognized by the National Association of Home Builders (NAHB) Best in American Living™ Awards (BALA) as a Gold Award Winner for its stunning chalet-inspired custom modular home, the Muncy.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260223949818/en/The Muncy is an award-winning, custom-built modular home by Champion Homes and River Valley Builders in Muncy, Pa. Photo by WindowStill Photography.
Champion was selected for the Best Modular Home Design category in the building industry’s premier residential construction awards. The Muncy showcases the custom capabilities and beautiful aesthetics of modern modular construction for thoughtful homebuyers.


“We’re thrilled to be recognized as a BALA Gold Award Winner. Not only are we honored to receive this prestigious award, but we’re also excited that it demonstrates what’s possible with our offsite-built team and capabilities,” said Champion Homes President and CEO Tim Larson. “The Muncy is a hallmark example of the benefits of modern modular construction for homebuyers looking for a high-quality home of their own that’s exquisitely designed from the inside out.”


Nestled along a peaceful lake in Pennsylvania’s Endless Mountains, the Muncy has dramatic cathedral ceilings and gorgeous floor-to-ceiling windows that flood the home with light. A set of patio doors leads to an oversized wraparound deck, providing outstanding forest views and offering a serene connection to nature.


With 1,370 square feet, one bedroom and two-and-a-half bathrooms, the Muncy has an open concept floorplan created for rest and retreat. The heart of the home is the luxurious kitchen with an oversized island, quartz waterfall countertops and custom light fixtures.


The chalet-inspired design continues in the tranquil loft space that overlooks the first floor. An elegant en-suite primary bathroom features LED-backlit mirrors, a double vanity and a walk-in shower. Additional custom design elements include a unique walk-in coat closet and luxury vinyl plank flooring throughout the home. A versatile unfinished basement makes the home ready for expansion and provides extra storage space.


This gorgeous, functional design highlights the capabilities of modular construction to deliver a striking home that’s custom-built for generations to come.


The Muncy was manufactured at Champion Homes’s Liverpool, Pa., facility and built in collaboration with River Valley Builders in Muncy, Pa.


Champion Homes is proud to be one of only a handful of offsite-built home manufacturers recognized as a BALA Gold Award Winner. A diverse panel of industry professionals selected the winners from more than 600 entries.


The BALA Gold Awards were presented on Feb. 18, 2026, at the NAHB International Builders’ Show in Orlando, Fla., the building industry’s premier event. The BALA, sponsored by SMEG, spotlights the most creative and innovative residential construction projects that redefine excellence for homes and communities around the world representing design, multifamily, offsite construction and remodeling.


“I’m proud of our outstanding team, who worked tirelessly to bring this magnificent modular home to life,” said Doug Moyer, Sales Manager of the Champion Homes Liverpool, Pa., manufacturing facility. “With this distinguished award, we’ve set the bar extremely high for the quality of construction, thoughtful design, beautiful aesthetics and wow-factor of modern modular homes.”


About the National Association of Home Builders


The National Association of Home Builders of the United States strives to protect the American Dream of housing opportunities for all, while working to achieve professional success for its members who build communities, create jobs and strengthen our economy.


About Champion Homes, Inc.


Champion Homes, Inc. (NYSE: SKY) is a leading producer of factory-built housing in North America and employs more than 9,000 people. With more than 70 years of homebuilding experience and 46 manufacturing facilities throughout the United States and western Canada, Champion Homes is well positioned with an innovative portfolio of manufactured and modular homes, ADUs, park-models and modular buildings for the single-family, multi-family and hospitality sectors.


In addition to its core home building business, Champion Homes provides construction services to install and set-up factory-built homes, operates a factory-direct retail business with 83 retail locations across the United States and operates Star Fleet Trucking, providing transportation services to the manufactured housing and other industries from several dispatch locations across the United States.


Manufactured and Modular Homes

www.championhomes.com

www.skylinehomes.com

www.genesishomes.com


Park Model RVs

www.championparkmodelscabins.com


Star Fleet Trucking

www.starfleettrucking.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20260223949818/en/
Investors 

Alex Thompson and Cody Cree 

investorrelations@championhomes.com 

(248) 614-8211 


Original: Champion® Homes Wins Gold Award for Modular Home Design in the National Association of Home Builders Best in American Living™ Awards, Highlighting Modular Construction as Beautiful, Functional Housing Solution

Champion® Homes Showcasing Quality and Attainability of Offsite-Built Homes with a New Model at the NAHB International Builders’ Show®February 17, 2026 4:15 PM
Business Wire
Champion Homes, Inc. (NYSE: SKY) (“Champion Homes”) today announced its exciting display highlighting the quality and attainability of offsite-built homes at the National Association of Home Builders of the United States (NAHB) International Builders’ Show (IBS).

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260217429015/en/Offering an attainable path to homeownership for savvy homebuyers, the Coral Haven is a high quality, offsite-built home introduced by Champion Homes at the NAHB International Builders’ Show. Rendering provided by Champion Homes.
The company is proud to bring one of its brand new offsite-built homes, the Coral Haven, to the building industry’s premier event February 17-19 in Orlando, Fla. Housing leaders and industry professionals will have the opportunity to tour the modern and inviting three-bedroom, two-bathroom, 1,486-square-foot home providing a cost-effective path to homeownership.


“We’re thrilled to have the opportunity to showcase Champion Homes’s forward-thinking approach to building attainable housing,” said Champion Homes President and CEO Tim Larson. “There is a critical need for cost-effective housing across the country, and we’re committed to delivering solutions so more people can have a high-quality, beautiful and attainable home to call their own.”


Built at Champion Homes’s Ocala, Fla., manufacturing facility, the Coral Haven pairs clean lines and warm tones for timeless curb appeal. The interior features an open concept layout with beamed ceilings, a spacious kitchen island and abundant natural light. Blending comfort and functionality, the Coral Haven represents a fresh, budget friendly approach to stylish living.


Modern offsite-built homes like the Coral Haven are a high-quality, attainable housing solution built on quicker timelines than site-built homes, so families can move in faster. They generate significantly less neighborhood noise, traffic and site waste than onsite construction, making them ideal for new developments, land-lease communities and urban infill areas where residents already live in the area.


Offsite-built homes are constructed in a climate-controlled environment that leverages a skilled, centralized workforce. These advantages enhance reliability and cost-effectiveness, offering new opportunities for affordable homeownership.


With options to build as a HUD-coded CrossMod® or a modular home, the Coral Haven delivers flexibility for a wide range of homeowners and developments, spotlighting the versatility of offsite-built homes.


CrossMod® homes, which stands for crossover modern homes, are a high quality, attainable housing solution built according to the U.S. Department of Housing and Urban Development (HUD) code. They have amenities typically found in site-built homes, such as garages, carports, steeper roof pitches and energy efficient features. CrossMod homes can be built on permanent foundations, including basements, and they’re eligible for many traditional financing options, providing an attainable path to homeownership.


Modular homes are built according to the same regional, state and local building codes as site-built homes. They can be built on permanent foundations, including basements. Modular homes offer greater flexibility with more opportunities for customization, and they’re eligible for a wide range of financing options.


“As a smart-built home that leverages the benefits of offsite construction, the Coral Haven represents Champion’s dedication to developing dynamic housing solutions for thoughtful homebuyers looking for a beautiful, high quality home they can afford,” said Champion Homes Vice President of Sales Mike Tweden.


About NAHB


NAHB, the host of the International Builders’ Show, is the voice of the residential construction industry in the United States and represents 140,000 home building professionals nationwide. It strives to protect the American Dream of housing opportunities for all, while working to achieve professional success for its members who build communities, create jobs and strengthen our economy.


About Champion Homes, Inc.


Champion Homes, Inc. is a leading producer of factory-built housing in North America and employs more than 9,000 people. With more than 70 years of homebuilding experience and 46 manufacturing facilities throughout the United States and western Canada, Champion Homes is well positioned with an innovative portfolio of manufactured and modular homes, ADUs, park-models and modular buildings for the single-family, multi-family and hospitality sectors.


In addition to its core home building business, Champion Homes provides construction services to install and set-up factory-built homes, operates a factory-direct retail business with 83 retail locations across the United States and operates Star Fleet Trucking, providing transportation services to the manufactured housing and other industries from several dispatch locations across the United States.


Manufactured and Modular Homes

www.championhomes.com

www.skylinehomes.com

www.genesishomes.com


Park Model RVs

www.championparkmodelscabins.com


Star Fleet Trucking

www.starfleettrucking.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20260217429015/en/
Investors

Alex Thompson and Cody Cree

investorrelations@championhomes.com

(248) 614-8211


Original: Champion® Homes Showcasing Quality and Attainability of Offsite-Built Homes with a New Model at the NAHB International Builders’ Show®

Champion Homes Announces Third Quarter Fiscal 2026 ResultsFebruary 3, 2026 4:15 PM
Business Wire
Champion Homes, Inc. (NYSE: SKY) (“Champion Homes” or the “Company”) today announced financial results for its third quarter ended December 27, 2025 (“fiscal 2026”).


Third Quarter Fiscal 2026 Highlights (compared to Third Quarter Fiscal 2025, unless otherwise noted)



Net sales increased 1.8% to $656.6 million



U.S. homes sold decreased 2.6% to 6,270



Backlog decreased 15.1% to $266.0 million from the sequential second quarter of fiscal 2026



Average selling price (“ASP”) per U.S. home sold increased 4.6% to $99,300



Gross profit margin decreased by 190 basis points to 26.2%



Net income decreased by 11.7% to $54.3 million



Earnings per diluted share (“EPS”) decreased 8.5% to $0.97



Adjusted EBITDA decreased 10.2% to $74.8 million



Adjusted EBITDA margin decreased by 150 basis points to 11.4%



Net cash generated by operating activities of $100.0 million during the quarter



Repurchased $50.0 million of shares under the share repurchase program



“Despite a challenging environment in the third quarter, we delivered strong operational execution, advanced our strategic priorities, and achieved financial results in line with our expectations,” said Tim Larson, President and Chief Executive Officer of Champion Homes. “We continue to evolve and elevate our catalog of differentiated products across a variety of price points and value propositions to serve the range of customer segments in the marketplace, while making progress on our digital and retail strategies. We also look forward to benefiting from Tawn Kelley’s insights and guidance as the new Chair of our Board of Directors as we continue to focus on driving growth and performance. Champion Homes remains well-positioned for continued success as we look to capitalize on promising growth opportunities ahead.”


Third Quarter Fiscal 2026 Results


Net sales for the third quarter fiscal 2026 increased 1.8% to $656.6 million compared to the prior-year period. The number of U.S. homes sold in the third quarter fiscal 2026 decreased 2.6% to 6,270, due to a decrease in sales to the community REIT channel as well as a function of the prior-year period having an outsized benefit in homes sold as a result of weather that shifted sales from the fiscal second quarter 2025 to the fiscal third quarter 2025. The ASP per U.S. home sold increased 4.6% to $99,300 due to changes in product mix and increased prices on new homes sold through Company-owned retail sales centers. The number of Canadian factory-built homes sold in the quarter increased 2.9% to 215 homes compared to 209 homes in the prior-year period.


Gross profit decreased by 4.9% to $172.2 million in the third quarter fiscal 2026 compared to the prior-year period. Gross profit margin was 26.2% of net sales, a 190-basis point reduction compared to 28.1% in the prior-year period. Gross margin compression is due to higher manufacturing materials costs and less absorption of fixed costs due to lower sales volumes, partially offset by higher ASPs on new homes sold through our Company-owned retail sales centers.


Selling, general, and administrative expenses (“SG&A”) in the third quarter fiscal 2026 increased to $109.7 million from $108.2 million in the same period last year, primarily due to the inclusion of the Iseman Homes acquisition in May 2025. SG&A as a percentage of net sales was 16.7%, relatively flat compared to the prior year period.


Net income decreased by 11.7% to $54.3 million for the third quarter fiscal 2026 compared to the prior-year period. The decrease in net income was primarily driven by lower gross profit.


Adjusted EBITDA for the third quarter fiscal 2026 decreased 10.2% to $74.8 million compared to the prior-year period. Adjusted EBITDA margin for the quarter decreased by 150 basis points to 11.4%.


As of December 27, 2025, Champion Homes had $659.8 million in cash and cash equivalents, an increase of $41.0 million in the current quarter. The Company repurchased and retired $50.0 million of its common stock under the previously announced repurchase program. On January 29, 2026, the Company’s board of directors refreshed the share repurchase authorization to provide for $150 million of potential future repurchases.


Conference Call and Webcast Information


Champion Homes’ management will host a conference call tomorrow, February 4, 2026, at 8:00 A.M. Eastern Time, to discuss the Company's financial results and an update on current operations.


Investors and other interested parties can listen to a webcast of the live conference call here, and also by visiting the Investor Relations section of Champion Homes’ website at ir.championhomes.com. The online replay will be available on the same website immediately following the call.


The conference call can also be accessed by dialing (844) 826-3033 (domestic) or (412) 317-5185 (international). A telephonic replay will be available approximately three hours after the call by dialing (844) 512-2921, or for international callers, (412) 317-6671. The passcode for the live call and the replay is 10205026. The replay will be available until 11:59 P.M. Eastern Time on February 18, 2026.


About Champion Homes, Inc.


Champion Homes, Inc. (NYSE: SKY) is a leading producer of factory-built housing in North America and employs approximately 9,000 people. With more than 70 years of homebuilding experience and 46 manufacturing facilities throughout the United States and western Canada, Champion Homes is well positioned with an innovative portfolio of manufactured and modular homes, ADUs, park-models and modular buildings for the single-family, multi-family, and hospitality sectors.


In addition to its core home building business, Champion Homes provides construction services to install and set-up factory-built homes, operates a factory-direct retail business with 83 retail locations across the United States, and operates Star Fleet Trucking, providing transportation services to the manufactured housing and other industries from several dispatch locations across the United States.


Champion Homes builds homes under some of the most well-known brand names in the factory-built housing industry including Champion Homes, Genesis Homes, Skyline Homes, Regional Homes, Athens Park Models, Dutch Housing, Atlantic Homes, Excel Homes, Homes of Merit, New Era, J. Redman Homes, ScotBilt Homes, Shore Park, Silvercrest, Titan Homes in the U.S. and Moduline and SRI Homes in western Canada.


Presentation of Non-GAAP Financial Measures


In addition to the results provided in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) throughout this press release, Champion Homes has provided Non-GAAP financial measures, Adjusted EBITDA, Adjusted EBITDA Margin, Adjusted Net Income, and Adjusted EPS, (collectively the “Non-GAAP Financial Measures”) which present operating results on a basis adjusted for certain items. Champion Homes uses these Non-GAAP Financial Measures for business planning purposes and in measuring its performance relative to that of its competitors. Champion Homes believes that these Non-GAAP Financial Measures are useful financial metrics to assess its operating performance from period-to-period by excluding certain items that Champion Homes believes are not representative of its core business. These Non-GAAP Financial Measures are not intended to replace, and should not be considered superior to, the presentation of Champion Homes’ financial results in accordance with U.S. GAAP.


Champion Homes defines Adjusted EBITDA as net income or loss attributable to Champion Homes, Inc. plus expenses or minus income, (a) the provision for income taxes, (b) interest income or expense, net, (c) depreciation and amortization, (d) gain or loss from discontinued operations, (e) restructuring charges and impairment of assets, (f) equity in net earnings or losses of ECN Capital Corp., (g) charges related to the remediation of the water intrusion product liability claims; and (h) other non-operating income and costs, including but not limited to those costs for the acquisition and integration or disposition of businesses, including the change in fair value of contingent consideration, and idle facilities. Adjusted EBITDA Margin is calculated as Adjusted EBITDA divided by net sales reported in the income statements.


Champion Homes defines Adjusted Net Income as net income or loss attributable to Champion Homes, Inc. plus expenses or minus income (net of tax where applicable), (a) gain or loss from discontinued operations, (b) restructuring charges and impairment of assets, (c) equity in net earnings or losses of ECN Capital Corp., (d) charges related to the remediation of estimated water intrusion product liability, and (e) other non-operating income or expense including, but not limited to those costs for the acquisition and integration or disposition of businesses, including the change in fair value of contingent consideration, and idle facilities. Champion Homes defines Adjusted EPS as Adjusted Net Income divided by shares outstanding.


Adjusted EBITDA, Adjusted EBITDA Margin, Adjusted Net Income and Adjusted EPS are not measures of earnings calculated in accordance with U.S. GAAP, and should not be considered an alternative to, or more meaningful than, net income or loss, net sales, operating income or earnings per share prepared on a U.S. GAAP basis. These Non-GAAP Financial Measures do not purport to represent cash flow provided by, or used in, operating activities as defined by U.S. GAAP. Champion Homes believes that similar Non-GAAP Financial Measures are commonly used by investors to evaluate its performance and that of its competitors. However, Champion Homes use of Non-GAAP Financial Measures may vary from that of others in its industry. The Non-GAAP Financial Measures are reconciled from the respective measure under U.S. GAAP in the tables below.


Forward-Looking Statements


Statements in this press release, including certain statements regarding Champion Homes’ strategic initiatives, and future market demand are intended to be covered by the safe harbor for "forward-looking statements" provided by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by use of words such as "believe," "expect," "future," "anticipate," "intend," "plan," "foresee," "may," "could," "should," "will," "potential," "continue," or other similar words or phrases. Similarly, statements that describe objectives, plans, or goals also are forward-looking statements. Such forward-looking statements involve inherent risks and uncertainties, many of which are difficult to predict and are generally beyond the control of Champion Homes. We caution readers that a number of important factors could cause actual results to differ materially from those expressed in, implied, or projected by such forward-looking statements. Risks and uncertainties include regional, national and international economic, financial, public health and labor conditions, and the following: supply-related issues, including prices and availability of materials; changes in U.S. trade policies, including tariffs or other trade protection measures; labor-related issues; inflationary pressures in the North American economy; the cyclicality and seasonality of the housing industry and its sensitivity to changes in general economic or other business conditions; demand fluctuations in the housing industry, including as a result of actual or anticipated increases in homeowner borrowing rates; the possible unavailability of additional capital when needed; competition and competitive pressures; changes in consumer preferences for our products or our failure to gauge those preferences; quality problems, including the quality of parts sourced from suppliers and related liability and reputational issues; data security breaches, cybersecurity attacks, and other information technology disruptions; the potential disruption of operations caused by the conversion to new information systems; the extensive regulation affecting the production and sale of factory-built housing and the effects of possible changes in laws with which we must comply; the potential impact of natural disasters on sales and raw material costs; the risks associated with mergers and acquisitions, including integration of operations and information systems; periodic inventory adjustments by, and changes to relationships with, independent retailers; changes in interest and foreign exchange rates; insurance coverage and cost issues; the possibility that all or part of our intangible assets, including goodwill, might become impaired; the possibility that all or part of our investment in ECN Capital Corp. ("ECN") might become impaired; the risks relating to the material weakness, including remediation actions, we previously identified in our internal control over financial reporting; the possibility that our risk management practices may leave us exposed to unidentified or unanticipated risks; the potential disruption to our business caused by public health issues, such as an epidemic or pandemic, and resulting government actions; and other risks set forth in the “Risk Factors” section, the “Legal Proceedings” section, the “Management's Discussion and Analysis of Financial Condition and Results of Operations” section, and other sections, as applicable, in our Annual Reports on Form 10-K, including our Annual Report on Form 10-K for the fiscal year ended March 29, 2025 previously filed with the Securities and Exchange Commission (“SEC”), as well as in our Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K, filed with or furnished to the SEC.


If any of these risks or uncertainties materializes or if any of the assumptions underlying such forward-looking statements proves to be incorrect, then the developments and future events concerning Champion Homes set forth in this press release may differ materially from those expressed or implied by these forward-looking statements. You are cautioned not to place undue reliance on these statements, which speak only as of the date of this release. We anticipate that subsequent events and developments will cause our expectations and beliefs to change. Champion Homes assumes no obligation to update such forward-looking statements to reflect events or circumstances after the date of this document or to reflect the occurrence of unanticipated events, unless obligated to do so under the federal securities laws.







 



CHAMPION HOMES, INC.




CONDENSED CONSOLIDATED BALANCE SHEETS




(Dollars in thousands)











 





December 27, 2025







March 29, 2025








ASSETS












Current assets:












Cash and cash equivalents







$






659,758






 







$






610,338






 








Trade accounts receivable, net







 






67,086






 







 






84,103






 








Inventories, net







 






341,308






 







 






360,629






 








Other current assets







 






49,075






 







 






31,428






 








Total current assets







 






1,117,227






 







 






1,086,498






 








Long-term assets:












Property, plant, and equipment, net







 






311,705






 







 






307,140






 








Goodwill







 






363,616






 







 






357,973






 








Amortizable intangible assets, net







 






58,762






 







 






64,712






 








Deferred tax assets







 






14,927






 







 






37,998






 








Other noncurrent assets







 






248,078






 







 






256,087






 








Total assets







$






2,114,315






 







$






2,110,408






 








LIABILITIES AND STOCKHOLDERS' EQUITY












Current liabilities:












Floorplan payable







$






95,298






 







$






106,091






 








Accounts payable







 






47,510






 







 






65,136






 








Other current liabilities







 






268,747






 







 






280,081






 








Total current liabilities







 






411,555






 







 






451,308






 








Long-term liabilities:












Long-term debt







 






23,816






 







 






24,773






 








Deferred tax liabilities







 






8,283






 







 






7,350






 








Other liabilities







 






78,435






 







 






82,539






 








Total long-term liabilities







 






110,534






 







 






114,662






 








 












Stockholders' Equity:












Common stock







 






1,533






 







 






1,584






 








Additional paid-in capital







 






606,177






 







 






586,941






 








Retained earnings







 






998,998






 







 






975,981






 








Accumulated other comprehensive loss







 






(14,482






)







 






(20,068






)








Total stockholders’ equity







 






1,592,226






 







 






1,544,438






 








Total liabilities and stockholders’ equity







$






2,114,315






 







$






2,110,408






 











 




CHAMPION HOMES, INC.




CONDENSED CONSOLIDATED INCOME STATEMENTS




(Unaudited, dollars in thousands, except per share amounts)











 





Three months ended







Nine months ended










December 27, 2025







December 28, 2024







December 27, 2025







December 28, 2024











 



Net sales







$






656,614






 







$






644,925






 







$






2,042,361






 







$






1,889,581






 








Cost of sales







 






484,421






 







 






463,903






 







 






1,492,406






 







 






1,378,011






 








Gross profit







 






172,193






 







 






181,022






 







 






549,955






 







 






511,570






 








Selling, general, and administrative expenses







 






109,727






 







 






108,214






 







 






334,153






 







 






316,696






 








Operating income







 






62,466






 







 






72,808






 







 






215,802






 







 






194,874






 








Interest (income), net







 






(3,779






)







 






(3,991






)







 






(12,349






)







 






(12,977






)








Other (income)







 






(1,221






)







 






(2,158






)







 






(2,362






)







 






(3,363






)








Income before income taxes







 






67,466






 







 






78,957






 







 






230,513






 







 






211,214






 








Income tax expense







 






12,375






 







 






16,698






 







 






48,625






 







 






45,809






 








Net income before equity in net (income) loss of affiliates







 






55,091






 







 






62,259






 







 






181,888






 







 






165,405






 








Equity in net (income) loss of affiliates







 






(913






)







 






(568






)







 






(203






)







 






1,466






 








Net income







 






56,004






 






 






 






62,827






 






 






 






182,091






 






 






 






163,939






 








Net income attributable to non-controlling interest







 






1,668






 







 






1,290






 







 






4,869






 







 






1,874






 








Net income attributable to Champion Homes, Inc.







$






54,336






 







$






61,537






 







$






177,222






 







$






162,065






 








Net income attributable to Champion Homes, Inc. per share:
















Basic







$






0.97






 







$






1.07






 







$






3.14






 







$






2.81






 








Diluted







$






0.97






 







$






1.06






 







$






3.12






 







$






2.79






 















 




CHAMPION HOMES, INC.




CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS




(Unaudited, dollars in thousand)









 





Nine months ended










December 27, 2025







December 28, 2024









 



Cash flows from operating activities












Net income







$






182,091






 







$






163,939






 








Adjustments to reconcile net income to net cash provided by operating activities:












Depreciation and amortization







 






35,825






 







 






30,796






 








Amortization of deferred financing fees







 






374






 







 






280






 








Equity-based compensation







 






15,406






 







 






14,184






 








Deferred taxes







 






22,197






 







 






(2,464






)








(Gain) loss on disposal of property, plant, and equipment







 






(2,623






)







 






128






 








Foreign currency transaction (gain) loss







 






(842






)







 






1,436






 








Equity in net (income) loss of affiliates







 






(203






)







 






1,466






 








Dividends from equity method investment







 






718






 







 






1,011






 








Change in fair value of contingent consideration







 






—






 







 






7,912






 








Change in assets and liabilities:












Accounts receivable







 






17,589






 







 






(3,858






)








Floor plan receivables







 






(1,234






)







 






(16,874






)








Inventories







 






36,864






 







 






(18,902






)








Other assets







 






(11,738






)







 






8,045






 








Accounts payable







 






(17,103






)







 






(4,762






)








Accrued expenses and other liabilities







 






(26,156






)







 






12,515






 








Net cash provided by operating activities







 






251,165






 







 






194,852






 








Cash flows from investing activities












Additions to property, plant, and equipment







 






(24,914






)







 






(37,971






)








Cash paid for equity method investment







 






(895






)







 






—






 








Proceeds from floor plan loans







 






—






 







 






2,737






 








Acquisition, net of cash acquired







 






(24,636






)







 






—






 








Proceeds from disposal of property, plant, and equipment







 






5,126






 







 






222






 








Net cash (used in) investing activities







 






(45,319






)







 






(35,012






)








Cash flows from financing activities












Changes in floor plan financing, net







 






(10,939






)







 






(3,089






)








Payments on long term debt







 






(1,012






)







 






(20






)








Payments of deferred financing fees







 






(1,014






)







 






—






 








Payments for repurchase of common stock







 






(150,000






)







 






(59,999






)








Stock option exercises







 






3,836






 







 






285






 








Tax payments for equity-based compensation







 






(2,950






)







 






(3,031






)








Net cash (used in) financing activities







 






(162,079






)







 






(65,854






)








Effect of exchange rate changes on cash and cash equivalents







 






5,653






 







 






(7,296






)








Net increase in cash and cash equivalents







 






49,420






 







 






86,690






 








Cash and cash equivalents at beginning of period







 






610,338






 







 






495,063






 








Cash and cash equivalents at end of period







$






659,758






 







$






581,753






 











 




CHAMPION HOMES, INC.




RECONCILIATION OF NET INCOME TO ADJUSTED EBITDA




(Unaudited, dollars in thousand)










 





Three months ended






Nine months ended










December 27, 2025







December 28, 2024







December 27, 2025







December 28, 2024















 



Net income attributable to Champion Homes, Inc.






 






$






54,336






 






 






$






61,537






 






 






$






177,222






 






 






$






162,065






 








Income tax expense







 






12,375






 







 






16,698






 







 






48,625






 







 






45,809






 








Interest (income), net






 






 






(3,779






)






 






 






(3,991






)






 






 






(12,349






)






 






 






(12,977






)








Depreciation and amortization







 






12,265






 







 






10,673






 







 






35,825






 







 






30,796






 








EBITDA






 






 






75,197






 






 






 






84,917






 






 






 






249,323






 






 






 






225,693






 








Equity in net (income) of ECN







 






(1,176






)







 






(656






)







 






(669






)







 






(135






)








Change in fair value of contingent consideration






 






 






—






 






 






 






—






 






 






 






—






 






 






 






7,912






 








Plant closure costs







 






—






 







 






—






 







 






5,832






 







 






—






 








Gain on sale of idle facility






 






 






—






 






 






 






—






 






 






 






(3,650






)






 






 






—






 








Transaction costs







 






438






 







 






—






 







 






1,152






 







 






—






 








Other







 






319






 







 






(1,000






)







 






319






 







 






(1,000






)








Adjusted EBITDA






 






$






74,778






 






 






$






83,261






 






 






$






252,307






 






 






$






232,470






 























 




CHAMPION HOMES, INC.




RECONCILIATION OF NET INCOME TO ADJUSTED NET INCOME AND ADJUSTED EARNINGS PER SHARE




(Unaudited, dollars and shares in thousands, except per share amounts)




(Certain amounts shown net of tax, as applicable)











 





Three months ended







Nine months ended










December 27, 2025







December 28, 2024







December 27, 2025







December 28, 2024















 



Net income attributable to Champion Homes, Inc.







$






54,336






 







$






61,537






 






 






$






177,222






 







$






162,065






 








Adjustments:
















Equity in net (income) of ECN







 






(1,176






)







 






(656






)






 






 






(669






)







 






(135






)








Change in fair value of contingent consideration







 






—






 







 






—






 







 






—






 







 






6,088






 








Plant closure costs







 






—






 







 






—






 






 






 






4,786






 







 






—






 








Gain on sale of idle facility







 






—






 







 






—






 







 






(2,749






)







 






—






 








Transaction costs







 






350






 







 






—






 






 






 






915






 







 






—






 








Other







 






241






 







 






(753






)







 






241






 







 






(753






)








Adjusted net income attributable to Champion Homes, Inc.







$






53,751






 







$






60,128






 







$






179,746






 







$






167,265






 















 



Adjusted basic net income per share







$






0.96






 







$






1.05






 






 






$






3.18






 







$






2.90






 








Adjusted diluted net income per share







$






0.96






 







$






1.04






 






 






$






3.16






 







$






2.88






 








Average basic shares outstanding







 






55,920






 







 






57,407






 






 






 






56,459






 







 






57,640






 








Average diluted shares outstanding







 






56,277






 







 






58,021






 







 






56,798






 







 






58,177






 







 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260203021542/en/
Investor contact information:

Name: Alex Thompson and Cody Cree

Email: investorrelations@championhomes.com

Phone: (248) 614-8211


Original: Champion Homes Announces Third Quarter Fiscal 2026 Results