---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-036524"
form_type: "8-K"
ticker: "SKY"
cik: "0000090896"
company_name: "Champion Homes, Inc."
filed_at: "2023-08-01T23:59:59+00:00"
generated_at: "2026-06-12T21:29:27.468981+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Skyline Champion Q1 FY24 net sales down 36% to $464.8M; EPS $0.89 vs $2.04 YoY

## Summary
- Net sales fell 36% to $464.8M; US homes sold down 29.3% to 4,817; ASP down 8.2% to $89,000.
- Net income decreased 56.2% to $51.3M; diluted EPS $0.89 (down 56.4% YoY).
- Adjusted EBITDA fell 58.9% to $66.8M; margin contracted 800 bps to 14.4%.
- Gross profit margin 27.9% vs 31.6% YoY; absence of $82.5M FEMA sales weighed on results.
- Backlog $260M, down 15.7% sequentially; cash and equivalents $797.7M, up $50.3M QoQ.

## SEC filing metadata
- accession: 0000950170-23-036524
- form_type: 8-K
- ticker: SKY
- cik: 0000090896
- company_name: Champion Homes, Inc.
- filed_at: 2023-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/90896/000095017023036524/0000950170-23-036524-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/90896/000095017023036524/sky-20230801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-036524
- JSON: https://secwatch.observer/filing/0000950170-23-036524.json
- Plain text: https://secwatch.observer/filing/0000950170-23-036524.txt

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