NYSE$SKY
Skyline Champion Corporation · Q2 2023 earnings
Q2 2023 earnings · · Investor relations
Briefing
Reported strong sales and earnings growth, driven by increased capacity, improved production levels, and strategic initiatives.
Skyline Champion Corporation announced strong second quarter fiscal 2023 results, with net sales increasing by 53.9% to $806.8 million and net income increasing by 184.1% to $144.1 million compared to the prior-year period. The company's performance was driven by increased capacity, improved production levels, and strategic initiatives.
- Net sales increased 53.9% to $806.8 million.
- U.S. homes sold increased 23.2% to 7,274.
- Gross profit margin expanded by 930 basis points to 34.0%.
- Net income increased by 184.1% to $144.1 million.
Headline financials
Revenue & EPS history
Skyline Champion · Revenue · Quarterly
$807M
Forward guidance
Skyline Champion believes it can continue to outperform the broader housing industry due to attractive price points, product offerings, enhanced production capabilities and future growth opportunities as more people become buyers of our homes.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q2 2023
-0.1%
Avg return
Earnings day
+2.8%
Avg return
5 days after
+5.2%
Avg return
30 days after
55%
35 / 64 earnings
Positive
+25.9%
Q4 2017
Best reaction
-27.8%
Q3 2017
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2026 | — | — | — | |
| Q3 2026 | +4.3% | +14.1% | +8.4% | |
| Q2 2026 | +9.6% | +25.3% | +28.4% | |
| Q1 2026 | +4.8% | -0.4% | +18.5% | |
| Q4 2025 | -16.9% | -22.4% | -26.0% | |
| Q3 2025 | +13.5% | +13.7% | +4.1% | |
| Q2 2025 | +1.5% | +3.8% | +17.7% | |
| Q1 2025 | +12.1% | +12.8% | +21.3% | |
| Q4 2024 | -10.6% | -10.9% | -10.8% | |
| Q3 2024 | +11.4% | +13.7% | +15.4% | |
| Q2 2024 | -5.7% | +0.7% | +1.9% | |
| Q1 2024 | -5.9% | -2.7% | +2.3% | |
| Q4 2023 | -9.9% | -3.3% | +2.1% | |
| Q3 2023 | +11.0% | +7.8% | +12.4% | |
| Q2 2023 | -18.5% | -19.7% | -7.7% | |
| Q1 2023 | -4.6% | +3.3% | -13.7% | |
| Q4 2022 | -16.6% | +0.8% | -15.9% | |
| Q3 2022 | +4.4% | +9.9% | -0.3% | |
| Q2 2022 | +6.2% | +11.7% | +24.1% | |
| Q1 2022 | +4.3% | +3.9% | +11.8% | |
| Q4 2021 | +22.6% | +19.3% | +24.6% | |
| Q3 2021 | +17.6% | +21.7% | +29.8% | |
| Q2 2021 | +7.1% | +2.6% | +26.9% | |
| Q1 2021 | +10.7% | +12.2% | +14.2% | |
| Q4 2020 | +9.0% | +9.6% | +3.4% | |
| Q3 2020 | -14.1% | -20.0% | -29.2% | |
| Q2 2020 | -2.9% | +8.6% | +14.2% | |
| Q1 2020 | +3.0% | +0.4% | -3.9% | |
| Q4 2019 | +18.2% | +22.0% | +33.1% | |
| Q3 2019 | +10.9% | +8.9% | +13.0% | |
| Q2 2019 | +0.6% | -6.2% | -27.2% | |
| Q1 2019 | +1.8% | -9.2% | +3.6% | |
| Q4 2018 | +6.1% | +7.1% | +19.5% | |
| Q3 2018 | +6.1% | +7.1% | +19.5% | |
| Q2 2018 | -0.9% | -3.2% | +0.4% | |
| Q4 2017 | +25.9% | -7.7% | +0.2% | |
| Q3 2017 | -27.8% | -17.2% | -26.2% | |
| Q2 2017 | -8.8% | -17.0% | -27.2% | |
| Q1 2017 | +5.7% | +3.3% | -0.8% | |
| Q4 2016 | +3.8% | +4.1% | +19.3% | |
| Q3 2016 | -1.8% | — | — | |
| Q2 2016 | +22.7% | — | — | |
| Q1 2016 | +8.3% | — | — | |
| Q4 2015 | +3.0% | — | — | |
| Q3 2015 | -0.3% | — | — | |
| Q2 2015 | -6.2% | — | — | |
| Q1 2015 | +3.7% | — | — | |
| Q4 2014 | -5.8% | — | — | |
| Q3 2014 | -9.4% | — | — | |
| Q2 2014 | -4.2% | — | — | |
| Q1 2014 | -6.8% | — | — | |
| Q4 2013 | -2.7% | — | — | |
| Q3 2013 | -8.1% | — | — | |
| Q2 2013 | +0.2% | — | — | |
| Q1 2013 | -2.1% | — | — | |
| Q4 2012 | +10.5% | — | — | |
| Q3 2011 | -2.4% | — | — | |
| Q3 2012 | -2.4% | — | — | |
| Q2 2012 | +0.9% | — | — | |
| Q4 2011 | -26.6% | — | — | |
| Q2 2011 | -26.6% | — | — | |
| Q1 2012 | -26.6% | — | — | |
| Q1 2011 | -26.6% | — | — | |
| Q1 2010 | +6.3% | — | — | |
| Q4 2009 | +6.8% | — | — |
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