{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-024623","form_type":"8-K","ticker":"SKY","cik":"0000090896","company_name":"Champion Homes, Inc.","filed_at":"2023-05-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.749221+00:00","generated_at":"2026-06-14T12:19:08.513130+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Skyline Champion Q4 net sales down 23% to $491.5M; EPS $1.00; full year EPS up 62%","bullets":["Q4 net sales $491.5M (-23% YoY); U.S. homes sold 4,900 (-25.5%); backlog fell 42.1% to $308M.","Q4 EPS $1.00 (down 33.8%), net income $57.7M (down 33.5%); adjusted EBITDA $76.2M (down 37.3%).","Full year FY2023 net sales $2.6B (+18.1%), EPS $7.00 (+61.7%), adjusted EBITDA $545M (+54%).","Cash and equivalents $747.5M, up $312M from prior fiscal year end.","CEO cites retailer destocking and normalizing backlogs; demand for attainable homes remains."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-024623","json":"https://secwatch.observer/filing/0000950170-23-024623.json","markdown":"https://secwatch.observer/filing/0000950170-23-024623.md","text":"https://secwatch.observer/filing/0000950170-23-024623.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/90896/000095017023024623/0000950170-23-024623-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/90896/000095017023024623/sky-20230530.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T12:19:08.513130+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d04561ddd8d403df891ad851ca48a8309cde9f4b","claim":"Champion Homes, Inc. reported fourth quarter ended April 1, 2023 results: revenue $491.5 million, net income $57.7 million, EPS $1.00.","evidence_excerpt":"Fourth Quarter Fiscal 2023 Highlights (compared to Fourth Quarter Fiscal 2022) · Net sales decreased 23.0% to $491.5 million · U.S. homes sold decreased 25.5% to 4,900 · Total backlog decreased 42.1% to $308 million from the sequential third quarter · Average selling price (“ASP”) per U.S. home sold increased 5.6% to $92,700 · Gross profit margin contracted by 120 basis points to 28.7% · Net income decreased by 33.5% to $57.7 million · Earnings per share (“EPS”) decreased 33.8% to $1.00 · Adjusted EBITDA decreased 37.3% to $76.2 million · Adjusted EBITDA margin contracted by 350 basis points to 15.5% · Net cash generated by operating activities of $52.2 million during the quarter","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/90896/000095017023024623/0000950170-23-024623-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter ended April 1, 2023"},{"label":"Revenue","value":"$491.5 million"},{"label":"Net income","value":"$57.7 million"},{"label":"EPS","value":"$1.00"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"d5e8ee64cc66a16e23b8a028a1141aaff4c196d4","claim":"Champion Homes, Inc. reported full year ended April 1, 2023 results: revenue $2.6 billion, net income $401.8 million.","evidence_excerpt":"Full Year Fiscal 2023 Financial Highlights For fiscal 2023, net sales were $2.6 billion which represents an increase of 18.1%, or $399.3 million, compared to fiscal 2022. Net sales growth was primarily driven by higher average selling prices per home and $200 million of disaster relief housing revenue recorded in the first half of the fiscal year. Gross profit increased $229.6 million or 39.0% to $818.7 million in fiscal 2023, compared to $589.1 million in the prior year period. Gross profit margin increased by 470 basis points to 31.4% of net sales for fiscal 2023, compared to fiscal 2022, primarily due to disaster-relief housing mix, increased price levels, operational efficiencies and improved leverage of fixed costs. SG&A increased to $300.4 million for fiscal 2023, compared to $256.2 million in the prior year period primarily due to acquisitions and new plant startups, higher variable compensation from increased sales volumes and higher marketing expenses. As a percentage of sales","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/90896/000095017023024623/0000950170-23-024623-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full year ended April 1, 2023"},{"label":"Revenue","value":"$2.6 billion"},{"label":"Net income","value":"$401.8 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}