NYSE$SKY

Skyline Champion Corporation · Q3 2026 earnings

Q3 2026 earnings · · After market close · Investor relations

Briefing

Champion Homes reported a slight increase in net sales, a decrease in net income, and a decline in EPS for the third quarter of fiscal year 2026.

Champion Homes announced its third quarter fiscal 2026 results, with net sales increasing by 1.8% to $656.6 million. However, net income decreased by 11.7% to $54.3 million, and diluted EPS fell by 8.5% to $0.97. The company also saw a decrease in U.S. homes sold and a decline in gross profit margin.

  • Net sales increased by 1.8% to $656.6 million compared to the prior-year period.
  • Net income decreased by 11.7% to $54.3 million, and diluted EPS was $0.97, down 8.5%.
  • U.S. homes sold decreased by 2.6% to 6,270, while the average selling price per U.S. home sold increased by 4.6% to $99,300.
  • Gross profit margin decreased by 190 basis points to 26.2%, primarily due to higher manufacturing material costs and lower sales volumes.

Headline financials

Total Revenue

$657M

Previous: $645M+1.8%
EPS

$0.97

Previous: $1.04-6.7%
U.S. Homes Sold

6.3K

No prior period
U.S. Avg Home Price

$99.3K

No prior period
Canadian Homes Sold

215

No prior period
Net Cash from Operating Activities

$100M

No prior period
Shares Repurchased

$50M

No prior period
Backlog

$266M

No prior period
Adjusted EBITDA

$74.8M

No prior period
Gross Profit Margin

26.2%

No prior period
Adjusted EBITDA Margin

11.4%

No prior period
Capital Expenditures

-$24.9M

Previous: -$38M+34.4%
Free Cash Flow

$29.4M

Previous: $157M-81.2%
Net Income

$54.3M

Previous: $61.5M-11.7%
Operating Income

$62.5M

Previous: $72.8M-14.2%
Gross Profit

$172M

Previous: $181M-4.9%
Cash & Equivalents

$660M

Previous: $582M+13.4%
Total Assets

$2.11B

Previous: $2.04B+3.8%

Revenue & EPS history

Skyline Champion · Revenue · Quarterly

$657M

Q3 2026+1.8%vs Q3 2025
Beat estimate in 13 of 15 quarters(87%)
ActualEstimate

Forward guidance

Champion Homes anticipates continued success by capitalizing on promising growth opportunities, supported by strategic initiatives and an evolving product catalog, despite inherent market risks and uncertainties.

Tailwinds

  • Continued evolution and elevation of the catalog of differentiated products across various price points and value propositions.
  • Progress on digital and retail strategies to serve diverse customer segments.
  • Benefit from new Board Chair's insights and guidance to drive growth and performance.
  • Well-positioned to capitalize on promising growth opportunities ahead.
  • Strategic initiatives aimed at enhancing market demand and operational efficiency.

Headwinds

  • Challenging environment in the third quarter, indicating potential ongoing headwinds.
  • Risks associated with regional, national, and international economic, financial, public health, and labor conditions.
  • Supply-related issues, including prices and availability of materials, and changes in U.S. trade policies.
  • Cyclicality and seasonality of the housing industry, sensitive to general economic conditions and homeowner borrowing rates.
  • Potential disruptions from cybersecurity attacks, new information systems, and extensive regulation affecting factory-built housing.

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 Q3 2026

Historical avgQ3 2026

-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

Earnings price reactions
QuarterReport dateReaction (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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