Skyline Champion reports Q3 EPS 81c, consensus 64c

Reports Q3 revenue $559.5M, consensus $499.7M. “I am really impressed with how the team handled our business goals this quarter and their ability to execute on our operational and strategic priorities,” said Mark Yost, Skyline Champion’s President, and CEO. “Executing during a seasonally slower period while making great progress on the integration of Regional Homes and the rollout of Champion Financing is a testament to our people and our partners. In addition, we expanded our capacity during the quarter with the opening of a new plant in Bartow, Florida to support our growing builder developer channel in the region. The need for housing remains strong and Skyline Champion continues to position itself to better serve the needs of our customers.”