NYSE$SKY

Skyline Champion Corporation · Q4 2024 earnings

Q4 2024 earnings · · Investor relations

Briefing

Skyline Champion reported mixed results for Q4 2024, with increased net sales and US homes sold offset by lower gross profit margins and net income.

Skyline Champion's Q4 2024 saw a 9.1% increase in net sales to $536.4 million and a 15.3% rise in US homes sold, driven by the Regional Homes acquisition. However, gross profit margin contracted significantly due to remediation costs for water intrusion issues, leading to a 95.2% decrease in net income to $2.8 million. The company also announced a new $100 million share repurchase program.

  • Net sales increased by 9.1% to $536.4 million compared to the prior-year period.
  • U.S. homes sold increased by 15.3% to 5,652, influenced by the Regional Homes acquisition.
  • Gross profit margin contracted by 1,040 basis points to 18.3%, impacted by $34.5 million in remediation costs.
  • Net income decreased by 95.2% to $2.8 million due to lower gross profit margins and increased SG&A spend.

Headline financials

Total Revenue

$536M

Previous: $492M+9.1%
EPS (adj)

$0.62

Previous: $1.00-38.0%
U.S. Homes Sold

5.7K

Previous: 4.9K+15.3%
U.S. Avg Home Price

$89.7K

Previous: $92.7K-3.2%
Canadian Homes Sold

189

No prior period
Capital Expenditures

-$11.9M

Previous: $14.1M-184.8%
Net Income

$2.8M

Previous: $57.7M-95.1%
Operating Income

$7.76M

Previous: $68.8M-88.7%
Gross Profit

$98.4M

Previous: $141M-30.3%
Stock-Based Comp

$4.33M

Previous: $2.53M+71.2%

Revenue & EPS history

Skyline Champion · Revenue · Quarterly

$536M

Q4 2024+9.1%vs Q4 2023
Beat estimate in 13 of 15 quarters(87%)
ActualEstimate

Forward guidance

Skyline Champion did not provide specific financial guidance in the earnings report.

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 2024

Historical avgQ4 2024

-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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