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Champion Homes Stock Drops 16% Despite Surge In Q4 Net Income

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Champion Homes, Inc. (SKY) shares fell 14.40 percent to $72.26 on Tuesday, a decline of $12.13, following the release of its fourth quarterly financial results.

For the three months ended March 29, 2025, the company reported net sales of $593.9 million, up from $536.4 million a year earlier. Net income surged to $37.7 million from $2.8 million in the same period last year, signaling a significant improvement in profitability.

The stock opened at $74.95 and traded between $71.44 and $76.75 on the New York Stock Exchange. Volume soared to 1.32 million shares, well above the average of 449,350.

SKY had closed at $84.26 in the previous session. Over the past 52 weeks, the stock has ranged from $64.82 to $116.49.

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