earnings
confidence high
sentiment positive
materiality 0.85
Champion Q1 FY2026 net sales +11.7% to $701M; EPS $1.13 (+43%); boosts buyback to $150M
Champion Homes, Inc.
2026-Q1 EPS reported
$1.13
revenue$701,318,000
- Net sales $701.3M (+11.7% YoY); U.S. homes sold increased 6.5% to 6,965; ASP up 3.6% to $95,000.
- Net income $64.7M (+41.3%); diluted EPS $1.13 (+43%); adjusted EBITDA $94.2M (+25.6%); gross margin 27.1% (+90bps).
- Closed Iseman Homes acquisition; repurchased $50M of stock in Q1; Board refreshed authorization to $150M on July 24, 2025.
- Cash and cash equivalents $605.3M; credit facility amended and extended through 2030.
- Backlog decreased 11.9% sequentially to $302.5M; SG&A as % of sales improved to 15.9% from 17.3%.
item 2.02item 8.01item 9.01