secwatch.observer — SEC 8-K summary
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Issuer:     Champion Homes, Inc. (SKY)
CIK:        0000090896
Form:       8-K
Filed at:   2023-02-06T23:59:59+00:00
Accession:  0000950170-23-001887
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Skyline Champion Q3 net sales +8.9% to $582M; EPS $1.44 +22%; backlog down 35%
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- Net income $82.8M (+22.5% YoY); diluted EPS $1.44 vs $1.18 prior year.
- U.S. homes sold 5,749 (-1.4% YoY); backlog fell to $532M from $814M sequentially.
- ASP per U.S. home rose 13.5% to $94,200; gross margin expanded 50bps to 29.9%.
- Adjusted EBITDA margin 18.7% (+60bps); cash and equivalents $712.4M.
- Retailer destocking drove backlog normalization; momentum driven by price increases and retail expansion.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/90896/000095017023001887/0000950170-23-001887-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/90896/000095017023001887/sky-20230206.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-001887

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer