Skyline Champion GAAP EPS of $2.04 beats by $0.47, revenue of $725.88M beats by $53.08M

Aug. 02, 2022 4:44 PM ETSkyline Champion Corporation (SKY)By: Pranav Ghumatkar, SA News Editor
  • Skyline Champion press release (NYSE:SKY): Q1 GAAP EPS of $2.04 beats by $0.47.
  • Revenue of $725.88M (+42.3% Y/Y) beats by $53.08M.
  • U.S. homes sold increased 6.9% to 6,813
  • Total backlog increased 14.1% to $1.4 billion
  • Average selling price per U.S. home sold increased 35.1% to $97,000
  • Gross profit margin expanded by 970 basis points to 31.6%
  • Adjusted EBITDA increased 159.4% to $162.7 million
  • Adjusted EBITDA margin expanded by 1,010 basis points to 22.4%.

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