AI brief of an SEC Form 8-K · Champion Homes (SKY)

Champion Homes Q1 sales rise 1.3% to $710.2 million; net income falls to $49.2 million

Mixed Impact 3 of 5 earnings Written later

Champion Homes reported first-quarter fiscal 2027 results for the quarter ended June 27, 2026, with net sales up 1.3% to $710.2 million, while net income attributable to the company fell to $49.2 million from $64.7 million and diluted EPS fell to $0.89 from $1.13. The board also raised the share repurchase authorization by $50.0 million to $150.0 million. The company attributed the profit decline mainly to inflationary cost of sales and a higher effective tax rate, which matters to shareholders because per-share earnings fell year over year.

Key points

  • Net sales rose 1.3% to $710.2 million; U.S. homes sold rose 1.8% to 7,089
  • Net income attributable to Champion Homes was $49.2 million, versus $64.7 million a year earlier; diluted EPS was $0.89 versus $1.13
  • Adjusted EBITDA was $73.6 million, versus $94.2 million a year earlier, with an adjusted EBITDA margin of 10.4%
  • Board raised the share repurchase authorization by $50.0 million to $150.0 million; $50.0 million of stock was repurchased in the quarter

The filing

CompanyChampion Homes (SKY)
Form8-K, current report
Filed with the SECAug 4, 2026, 4:15 PM ET
Accession number0001193125-26-332837

Items reported: 2.02 Results of Operations8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:00 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 04, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.