Champion Homes Inc is a leading manufacturer of manufactured and modular homes, catering to the housing market by providing a range of affordable living solutions
The company focuses on delivering high-quality homes that are customizable to meet the diverse needs and preferences of their customers. In addition to residential housing, Champion Homes also offers various services related to home financing, transportation, and setup, aiming to streamline the home buying process. Their commitment to innovation and sustainability positions them as a key player in the industry, addressing the growing demand for accessible and eco-friendly housing options.
As the Q4 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the home builders industry, including Lennar (NYSELEN) and its peers.
Growth is a hallmark of all great companies, but the laws of gravity eventually take hold.
Those who rode the COVID boom and ensuing tech selloff in 2022 will surely remember that the market’s punishment can be swift and severe when trajectories fall.
Building products installation services company Installed Building Products (NYSEIBP)
will be announcing earnings results tomorrow before the bell. Here’s what investors should know.
Affordable single-family home construction company LGI Homes (NASDAQLGIH)
will be reporting results tomorrow before market open. Here’s what to expect.
Shares of modular home and building manufacturer Champion Homes (NYSESKY)
jumped 11.1% in the morning session after the company reported fourth-quarter results that significantly exceeded analysts' sales volume expectations. Sales grew 15.3% year-on-year, driven by a 14.1% increase in US homes sold and a 2.8% rise in the average selling price per home.
Gross margin expanded to 28.1%, benefiting from higher sales through company-owned retail centers and lower input costs. EPS beat analysts' expectations, with growth of 30.9% supported by this margin expansion.
Guidance was not explicitly stated in the report, but backlog trends showed a mixed picture, up year on year, but down sequentially.
Zooming out, we think this was a good quarter with some key areas of upside.
Modular home and building manufacturer Skyline Champion (NYSESKY) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 15.3% year on year to $644.9 million. Its non-GAAP profit of $1.04 per share was 27.8% above analysts’ consensus estimates.
Modular home and building manufacturer Skyline Champion (NYSESKY)
will be announcing earnings results tomorrow afternoon. Here’s what investors should know.
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Toll Brothers (NYSETOL) and its peers.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at home builders stocks, starting with KB Home (NYSEKBH).
Looking back on home builders stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including LGI Homes (NASDAQLGIH) and its peers.
