Skyline Champion reports Q2 EPS 82c, consensus 79c

Reports Q2 revenue $464.2M, consensus $459.5M. “Skyline Champion continued to demonstrate our commitment to the customer and our ability to execute our strategy in an evolving economic environment,” said Mark Yost, CEO. “We continued to see a healthy increase in order volumes sequentially. In addition, we have recently closed two transformational strategic opportunities – our investment in ECN Capital including the formation of Champion Financing, and the acquisition of Regional Homes. We are excited by these new developments and remain confident that execution of our strategic initiatives will continue to position us to better serve our customers for years to come.”