secwatch.observer — SEC 8-K summary
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Issuer:     Champion Homes, Inc. (SKY)
CIK:        0000090896
Form:       8-K
Filed at:   2023-05-30T23:59:59+00:00
Accession:  0000950170-23-024623
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/90896/000095017023024623/0000950170-23-024623-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/90896/000095017023024623/sky-20230530.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-024623

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