Champion Homes Sees 1.3% Sales Increase in Q1
Champion Homes reported financial results for its first quarter ended June 27. Net sales rose 1.3% to $710.2 million compared to the prior-year period...
Champion Homes reported financial results for its first quarter ended June 27. Net sales rose 1.3% to $710.2 million compared to the prior-year period. U.S. home sales increased 1.8% to 7,089 units, with average selling price up 0.6% to $95,600. Net income was $49.2 million, and adjusted EBITDA was $73.6 million. The company repurchased $50 million of stock and refreshed its buyback authorization to $150 million.