---
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"
generated_at: "2026-06-14T12:19:08.513130+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Skyline Champion Q4 net sales down 23% to $491.5M; EPS $1.00; full year EPS up 62%

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-024623
- JSON: https://secwatch.observer/filing/0000950170-23-024623.json
- Plain text: https://secwatch.observer/filing/0000950170-23-024623.txt

## Key facts
- Earnings Releases
  Champion Homes, Inc. reported fourth quarter ended April 1, 2023 results: revenue $491.5 million, net income $57.7 million, EPS $1.00.
  - Period: fourth quarter ended April 1, 2023
  - Revenue: $491.5 million
  - Net income: $57.7 million
  - EPS: $1.00
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/90896/000095017023024623/0000950170-23-024623-index.htm
- Earnings Releases
  Champion Homes, Inc. reported full year ended April 1, 2023 results: revenue $2.6 billion, net income $401.8 million.
  - Period: full year ended April 1, 2023
  - Revenue: $2.6 billion
  - Net income: $401.8 million
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/90896/000095017023024623/0000950170-23-024623-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.