Tue, May 27, 8:32 PM (25 days ago)
**Champion Homes, Inc. (SKY) Financial Summary** **Financial Performance (Fiscal Year Ended March 29, 2025):** - **Revenue:** $2.5 billion, up 22.7% from fiscal 2024. - **Net Income:** $201.6 million, an increase from $146.7 million in fiscal 2024. - **Earnings per Share (EPS):** $3.45 basic, $3.42 diluted. - **Operating Income:** $237.0 million, up from $175.2 million in fiscal 2024. - **Gross Profit Margin:** 26.7%, up from 24.0% in fiscal 2024. - **Adjusted EBITDA:** $285.1 million, an increase from $245.3 million in fiscal 2024. **Strategic Overview:** - **Market Position:** Leading producer of factory-built housing in North America. - **Product Portfolio:** Manufactured and modular homes, park model RVs, ADUs, and modular buildings. - **Operational Footprint:** 43 U.S. and 5 Canadian manufacturing facilities, 72 retail sales centers. - **Strategic Pillars:** Customer-centric approach, product innovation, market expansion, brand awareness, operational efficiency. **Future Outlook:** - **Growth Initiatives:** Focus on operational excellence, customer engagement, digital technologies, and disciplined growth. - **Market Trends:** Increased demand for affordable housing, strategic acquisitions, and expansions. - **Risk Factors:** Supply chain disruptions, regulatory changes, economic fluctuations, and competitive pressures. **Financial Condition:** - **Liquidity:** Strong cash position, adequate cash flows from operations. - **Debt:** $24.8 million in long-term debt, revolving credit facility of $200.0 million. - **Cash Flow:** Positive cash flow from operations, strategic investments in growth. **Market Position Changes:** - **U.S. Market Share:** 22.0% in fiscal 2025, up from 19.9% in fiscal 2024. - **Canadian Market:** 4% of consolidated sales in fiscal 2025, down from 5% in fiscal 2024. **Risk Factors:** - **Supply Chain:** Raw material shortages and price increases. - **Economic:** Inflation, interest rates, and economic downturns. - **Regulatory:** Changes in HUD codes, zoning laws, and environmental regulations. - **Operational:** Labor shortages, cybersecurity threats, and data security breaches. **Summary:** Champion Homes, Inc. demonstrated strong financial performance in fiscal 2025, with significant revenue and net income growth. The company's strategic focus on operational excellence, market expansion, and product innovation positions it well for future growth. However, it faces challenges related to supply chain disruptions, regulatory changes, and economic fluctuations. The company's strong liquidity and strategic investments in growth initiatives support its positive outlook.