earnings
confidence high
sentiment neutral
materiality 0.70
Champion Homes Q1 fiscal 2025: net sales up 35% to $627.8M; net income down 11% to $45.8M
Champion Homes, Inc.
2025-Q1 EPS reported
$0.79
revenue$627,779,000
- Net sales increased 35.1% to $627.8M; U.S. homes sold up 35.7% to 6,538; ASP $91,700 (+3%).
- Gross margin contracted 170 bps to 26.2%; net income fell 10.7% to $45.8M ($0.79 diluted EPS).
- Adjusted EBITDA up 12.2% to $75.0M; adjusted EPS up 2.2% to $0.91.
- Backlog increased 28.2% sequentially to $405M; repurchased $20M shares in Q1.
- Board refreshed share repurchase program to $100M as of Aug 1, 2024.