• Reported GAAP EPS of $0.54 down -14.29% YoY • Reported revenue of $621.28M up 4.62% YoY
Bullish
Champion Homes achieved Q4 net sales growth of 4.6% and adjusted EBITDA increased 6.3%. The company maintained a strong balance sheet and executed $200.0 million in stock repurchases.
Bearish
Champion Homes' Q4 net income decreased 18.4% due to charges, U.S. homes sold declined 0.6% from lower channel volume, and backlog decreased 8.0% year-over-year.