NYSE$SKY

Skyline Champion Corporation · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Skyline Champion's Q4 2021 results were announced, featuring significant growth in net sales, home sales, backlog, and net income.

Skyline Champion Corporation reported a strong fourth quarter in fiscal year 2021, marked by substantial increases in net sales, U.S. home sales, average selling price, and net income. The company also completed the acquisition of ScotBilt Homes, contributing to its growth and expanded footprint.

  • Net sales increased by 48.6% to $447.6 million.
  • U.S. factory-built homes sold increased by 28.7% to 5,923.
  • Net income increased by 465.0% to $33.9 million.
  • Total backlog increased 573.7% to $858.6 million.

Headline financials

Total Revenue

$448M

Previous: $301M+48.6%
EPS (adj)

$0.61

Previous: $0.14+335.7%
U.S. Homes Sold

5.9K

Previous: 4.6K+28.8%
U.S. Avg Home Price

$67.2K

Previous: $60.2K+11.6%
Canadian Homes Sold

419

Previous: 130+222.3%
Capital Expenditures

$3.78M

Previous: $3.28M+15.3%
Free Cash Flow

$46.3M

Previous: $387K+11863.8%
Net Income

$33.9M

Previous: $6M+465.0%
Operating Income

$46.6M

Previous: $12.8M+263.9%
Gross Profit

$99.1M

Previous: $60M+65.2%
Cash & Equivalents

$263M

Previous: $209M+25.4%
Total Assets

$918M

Previous: $782M+17.4%
Stock-Based Comp

$1.41M

Previous: $2.18M-35.3%

Revenue & EPS history

Skyline Champion · Revenue · Quarterly

$448M

Q4 2021+48.6%vs Q4 2020
Beat estimate in 13 of 14 quarters(93%)
ActualEstimate

Forward guidance

Skyline Champion is in an amazing position to capitalize on the demand for affordable housing solutions.

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 Q4 2021

Historical avgQ4 2021

-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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