Skyline Champion reports Q3 EPS $1.44, consensus 92c

Reports Q3 revenue $582.3M, consensus $533.1M. "We delivered solid sales and earnings growth in the third quarter," said Mark Yost, CEO. "While backlogs continue to trend toward historical levels due to retailer destocking, we saw positive demand in key channels and select markets during the quarter. The momentum in our business continues to be driven by our ability to increase engagement with a growing base of home buyers and highlights our unique offering of value-oriented home solutions. We are confident that Skyline Champion can continue to perform due to our attractive price points, differentiated product offering, and enhanced production capabilities."