Form 8-K

8-K — Champion Homes, Inc.

Accession: 0001193125-26-237809

Filed: 2026-05-26

Period: 2026-05-26

CIK: 0000090896

SIC: 2451 (MOBILE HOMES)

Item: Results of Operations and Financial Condition

Item: Other Events

Item: Financial Statements and Exhibits

Documents

8-K — sky-20260526.htm (Primary)

EX-99.1 (sky-ex99_1.htm)

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8-K

8-K (Primary)

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8-K

0000090896false00000908962026-05-262026-05-26

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 26, 2026

CHAMPION HOMES, INC.

(Exact name of Registrant as Specified in Its Charter)

Indiana

001-04714

35-1038277

(State or Other Jurisdiction

of Incorporation)

(Commission File Number)

(IRS Employer

Identification No.)

755 West Big Beaver Road, Suite 1000

Troy, Michigan

48084

(Address of Principal Executive Offices)

(Zip Code)

Registrant’s Telephone Number, Including Area Code: (248) 614-8211

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading

Symbol(s)

Name of each exchange on which registered

Common Stock

SKY

The New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02 Results of Operations and Financial Condition.

On May 26, 2026, Champion Homes, Inc. (the “Company”) issued a press release relating to its results of operations and financial condition for the quarter ended March 28, 2026. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

The attached press release contains both U.S. Generally Accepted Accounting Principles (“GAAP”) and non-GAAP financial measures. Reconciliations between non-GAAP and GAAP financial measures are included in the attached press release. The Company's management utilizes non-GAAP financial information to provide a useful measure of comparative operating performance of the Company. The non-GAAP financial measures are supplemental to, and not a substitute for, measures of financial performance prepared in accordance with GAAP.

The press release, and the information set forth therein, is being furnished pursuant to Item 2.02 of this Current Report and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that Section. Nor shall such document be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, regardless of any general incorporation language in the filing unless specifically stated so therein.

Item 8.01 Other Events.

On May 26, 2026 the Company announced that its Board of Directors approved an increase of $50.0 million to the Company's existing share repurchase program to refresh the available amount to $150.0 million. Portions of the press release attached as Exhibit 99.1 to this Current Report on Form 8-K with respect to the share repurchase program are incorporated in this Item 8.01 by reference.

Item 9.01 Financial Statements and Exhibits.

99.1

Press Release issued by Champion Homes, Inc. on May 26, 2026

104

Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Champion Homes, Inc.

Date:

May 26, 2026

By:

/s/ Laurel Krueger

Laurel Krueger

Chief Legal and Administrative Officer and Secretary

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99.1

CHAMPION HOMES ANNOUNCES FOURTH QUARTER AND FULL YEAR FISCAL 2026 RESULTS

Troy, Michigan, May 26, 2026 /Business Wire/ -- Champion Homes, Inc. (NYSE: SKY) (“Champion Homes” or the “Company”) today announced financial results for its fourth quarter and full year ended March 28, 2026 (“fiscal 2026”).

Fourth Quarter and Full Year Fiscal 2026 Highlights (compared to Fourth Quarter and Full Year Fiscal 2025, respectively, unless otherwise noted)

•

4QF26 net sales increased 4.6% to $621.3 million and FY26 net sales increased 7.3% to $2.7 billion

•

4QF26 net income decreased 18.4% to $29.7 million, while FY26 net income increased 4.3% to $206.9 million

•

Adjusted net income for 4QF26 increased 0.8% to $37.7 million; FY26 adjusted net income increased 6.2% to $217.4 million

•

Adjusted EBITDA increased 6.3% to $55.9 million in 4QF26 and FY26 adjusted EBITDA increased 8.1% to $308.2 million

•

4QF26 earnings per diluted share (“EPS”) was $0.53, and on an adjusted basis, EPS was $0.68; FY26 EPS was $3.66 and FY26 adjusted EPS increased 9.4% to $3.85

•

Backlog decreased 8.0% year-over-year and increased 18.8% in 4QF26 to $316.0 million from the sequential third quarter

“Fiscal 2026 was a year of strong execution. Champion continued to outperform the broader industry while consistently meeting our internal expectations despite a volatile and challenging macro environment,” said Tim Larson, President and Chief Executive Officer of Champion Homes. “Both our fourth quarter and full-year results reflect the commitment to our strategic priorities focused on addressing the unmet demand from affordability-constrained consumers with high-quality homes. Our strong balance sheet, differentiated channel strategy, and industry-leading family of brands position us well for continued execution and value creation for all our stakeholders. We continue to invest in new products and services and expand our retail capabilities, including the acquisition of Homes Direct.”

Fourth Quarter Fiscal 2026 Results

Net sales for the fourth quarter fiscal 2026 increased 4.6% to $621.3 million compared to the prior-year period. The number of U.S. homes sold in the fourth quarter fiscal 2026 decreased 0.6% to 5,908, driven by lower community/REIT channel volume, partially offset by sales from the Iseman Homes acquisition. The ASP per U.S. home sold increased 4.6% to $98,600 due to product mix and channel dynamics. The

number of Canadian factory-built homes sold in the quarter increased to 243 homes compared to 230 homes in the prior-year period.

Gross profit increased 1.3% to $154.4 million in the fourth quarter fiscal 2026 compared to the prior-year period. Adjusted gross profit for the fourth quarter fiscal 2026 increased 4.6% to $159.4 million compared to the prior-year period. On an adjusted basis, gross profit margin was 25.7%, flat compared to the fourth quarter fiscal 2025.

Net income decreased 18.4% to $29.7 million for the fourth quarter fiscal 2026 compared to the prior-year period. The decrease in net income was primarily driven by charges related to the change in fair value of acquisition contingent consideration and product liability true-up. On an adjusted basis, net income increased 0.8% to $37.7 million for the fourth quarter fiscal 2026.

For the fourth quarter fiscal 2026, EBITDA decreased 11.1% to $45.7 million. Adjusted EBITDA for the fourth quarter fiscal 2026 increased 6.3% to $55.9 million compared to the prior-year period. Adjusted EBITDA margin for the quarter increased slightly to 9.0%, compared to 8.9% in the prior-year period.

As of March 28, 2026, Champion Homes had $638.3 million in cash and cash equivalents. The Company repurchased and retired $50.0 million of its common stock during the fourth quarter and $200.0 million for the full fiscal year under the previously announced repurchase program. In May 2026, the Board of Directors refreshed the share repurchase authorization to provide for $150 million of potential future repurchases.

Full Year Fiscal 2026 Results

For fiscal year 2026, net sales increased 7.3% to $2.7 billion compared to $2.5 billion in fiscal 2025. The increase in net sales was primarily driven by ASP per US home sold and the inclusion of Iseman Homes, acquired in May 2025.

Gross profit increased 6.1% to $704.3 million in fiscal 2026 compared to $664.0 million in fiscal 2025. On an adjusted basis, gross profit for fiscal 2026 increased 6.8% to $709.3 million compared to the prior-year period. Adjusted gross profit margin was 26.6% compared to 26.7% in fiscal 2025. Gross profit margin was 26.4% of net sales, compared to 26.7% in fiscal 2025.

Net income for fiscal 2026 increased 4.3% to $206.9 million compared to $198.4 million for fiscal 2025, driven by higher sales, partially offset by higher SG&A and the aforementioned one-time acquisition contingent consideration and product liability true-up. Adjusted net income increased 6.2% to $217.4 million for fiscal 2026.

For fiscal 2026, EBITDA increased 6.5% to $295.0 million compared to $277.1 million in fiscal 2025. Adjusted EBITDA for fiscal 2026 increased 8.1% to $308.2 million, compared to $285.1 million for fiscal 2025. Adjusted EBITDA margin increased slightly to 11.6% in fiscal 2026, compared to 11.5% in fiscal 2025.

Conference Call and Webcast Information

Champion Homes will host a conference call today, Tuesday, May 26, 2026, at 8:00 A.M. Eastern Time to discuss the Company's financial results and an update on current operations.

Investors and interested other parties can listen to a webcast of the live conference call here, and also by visiting the Investor Relations section of Champion Homes’ website at ir.championhomes.com. The online replay will be available on the same website immediately following the call.

The conference call can also be accessed by dialing (800) 225-9448 (domestic) or (203) 518-9708 (international) and using the Conference ID: CHAMPION when joining. A telephonic replay will be available approximately three hours after the call by dialing (844) 512-2921, or for international callers, (412) 317-6671. The passcode for the replay is 11161365. The telephonic replay will be available until 11:59 P.M. Eastern Time on June 9, 2026.

About Champion Homes, Inc.

Champion Homes, Inc. (NYSE: SKY) is a leading producer of factory-built housing in North America and employs more than 9,300 people. With more than 70 years of homebuilding experience and 46 manufacturing facilities throughout the United States and western Canada, Champion Homes is well positioned with an innovative portfolio of manufactured and modular homes, ADUs, park-models and modular buildings for the single-family, multi-family, and hospitality sectors.

In addition to its core home building business, Champion Homes provides construction services to install and set-up factory-built homes, operates a factory-direct retail business with 84 retail locations across the United States, and operates Star Fleet Trucking, providing transportation services to the manufactured housing and other industries from several dispatch locations across the United States.

Manufactured and Modular Homes

www.championhomes.com

www.skylinehomes.com

www.genesishomes.com

Park Model RVs

www.championparkmodelscabins.com

Star Fleet Trucking

www.starfleettrucking.com

Presentation of Non-GAAP Financial Measures

In addition to the results provided in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) throughout this press release, Champion Homes has provided Non-GAAP financial measures, Adjusted Gross Profit, Adjusted Gross Profit Margin, Adjusted Selling, General, and Administrative expenses (“SG&A”), Adjusted EBITDA, Adjusted EBITDA Margin, Adjusted Net Income, and Adjusted EPS, (collectively the “Non-GAAP Financial Measures”) which present operating results on a basis adjusted for certain items. Champion Homes uses these Non-GAAP Financial Measures for business planning purposes and in measuring its performance relative to that of its competitors. Champion Homes believes that these Non-GAAP Financial Measures are useful financial metrics to assess its operating performance from period-to-period by excluding certain items that Champion Homes believes are not representative of its core business. These Non-GAAP Financial Measures are not intended to replace, and should not be considered superior to, the presentation of Champion Homes’ financial results in accordance with U.S. GAAP.

Champion Homes defines Adjusted Gross Profit as gross profit or loss plus expenses or minus income for charges related to the remediation of the water intrusion product liability. Adjusted Gross Profit Margin is calculated as Adjusted Gross Profit as a percentage of net sales. Champion Homes defines Adjusted SG&A as SG&A plus expenses or minus income for the change in fair value of contingent consideration. Champion Homes defines Adjusted EBITDA as net income or loss attributable to Champion Homes, Inc. plus expenses or minus income, (a) the provision for income taxes, (b) interest income or expense, net, (c) depreciation and amortization, (d) gain or loss from discontinued operations, (e) restructuring charges and impairment of assets, (f) equity in net earnings or losses of ECN Capital Corp., (g) charges related to the remediation of the water intrusion product liability claims and reimbursement of water intrusion costs; and (h) other non-operating income and costs, including but not limited to those costs for the acquisition and integration or disposition of businesses, including the change in fair value of contingent consideration, and idle facilities. Adjusted EBITDA Margin is calculated as Adjusted EBITDA divided by net sales reported in the income statements.

Champion Homes defines Adjusted Net Income as net income or loss attributable to Champion Homes, Inc. plus expenses or minus income (net of tax where applicable), (a) gain or loss from discontinued operations, (b) restructuring charges and impairment of assets, (c) equity in net earnings or losses of ECN Capital Corp., (d) charges related to the remediation of estimated water intrusion product liability claims and reimbursement of water intrusion costs, and (e) other non-operating income or expense including, but not limited to those costs for the acquisition and integration or disposition of businesses, including the change in fair value of contingent consideration, and idle facilities. Champion Homes defines Adjusted EPS as Adjusted Net Income divided by shares outstanding.

Adjusted Gross Profit, Adjusted Gross Profit Margin, Adjusted SG&A, Adjusted EBITDA, Adjusted EBITDA Margin, Adjusted Net Income and Adjusted EPS are not measures of earnings calculated in accordance with U.S. GAAP, and should not be considered an alternative to, or more meaningful than, net income or loss, net sales, operating income or earnings per share prepared on a U.S. GAAP basis. These Non-GAAP Financial Measures do not purport to represent cash flow provided by, or used in, operating activities as defined by U.S. GAAP. Champion Homes believes that similar Non-GAAP Financial Measures are commonly used by investors to evaluate its performance and that of its competitors. However, Champion Homes use of Non-GAAP Financial Measures may vary from that of others in its industry. The Non-GAAP Financial Measures are reconciled from the respective measure under U.S. GAAP in the tables below.

Forward-Looking Statements

Statements in this press release, including certain statements regarding Champion Homes’ strategic initiatives, and future market demand are intended to be covered by the safe harbor for "forward-looking statements" provided by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by use of words such as "believe," "expect," "future," "anticipate," "intend," "plan," "foresee," "may," "could," "should," "will," "potential," "continue," or other similar words or phrases. Similarly, statements that describe objectives, plans, or goals also are forward-looking statements. Such forward-looking statements involve inherent risks and uncertainties, many of which are difficult to predict and are generally beyond the control of Champion Homes. We caution readers that a number of important factors could cause actual results to differ materially from those expressed in, implied, or projected by such forward-looking statements. Risks and uncertainties include regional, national and international economic, financial, public health and labor conditions, and the following: supply-related issues, including prices and availability of materials; changes in U.S. trade policies, including tariffs or other trade protection measures; labor-related issues; inflationary pressures in the

North American economy; the cyclicality and seasonality of the housing industry and its sensitivity to changes in general economic or other business conditions; demand fluctuations in the housing industry, including as a result of actual or anticipated increases in homeowner borrowing rates; the possible unavailability of additional capital when needed; competition and competitive pressures; changes in consumer preferences for our products or our failure to gauge those preferences; quality problems, including the quality of parts sourced from suppliers and related liability and reputational issues; data security breaches, cybersecurity attacks, and other information technology disruptions; the potential disruption of operations caused by the conversion to new information systems; the extensive regulation affecting the production and sale of factory-built housing and the effects of possible changes in laws with which we must comply; the potential impact of natural disasters or geopolitical conflict on sales and raw material costs; the risks associated with mergers and acquisitions, including integration of operations and information systems; periodic inventory adjustments by, and changes to relationships with, independent retailers; changes in interest and foreign exchange rates; insurance coverage and cost issues; the possibility that all or part of our intangible assets, including goodwill, might become impaired; the possibility that our risk management practices may leave us exposed to unidentified or unanticipated risks; the potential disruption to our business caused by public health issues, such as an epidemic or pandemic, and resulting government actions; and other risks set forth in the “Risk Factors” section, the “Legal Proceedings” section, the “Management's Discussion and Analysis of Financial Condition and Results of Operations” section, and other sections, as applicable, in our Annual Reports on Form 10-K, including our Annual Report on Form 10-K for the fiscal year ended March 29, 2025 previously filed with the Securities and Exchange Commission (“SEC”), as well as in our Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K, filed with or furnished to the SEC.

If any of these risks or uncertainties materializes or if any of the assumptions underlying such forward-looking statements proves to be incorrect, then the developments and future events concerning Champion Homes set forth in this press release may differ materially from those expressed or implied by these forward-looking statements. You are cautioned not to place undue reliance on these statements, which speak only as of the date of this release. We anticipate that subsequent events and developments will cause our expectations and beliefs to change. Champion Homes assumes no obligation to update such forward-looking statements to reflect events or circumstances after the date of this document or to reflect the occurrence of unanticipated events, unless obligated to do so under the federal securities laws.

Investor contact information:

Name: Ellen Kaleniecki, Head of Investor Relations

Email: investorrelations@championhomes.com

Phone: (248) 614-8211

CHAMPION HOMES, INC.

CONSOLIDATED BALANCE SHEETS

(Unaudited, dollars in thousands)

March 28,

2026

March 29,

2025

ASSETS

Current assets:

Cash and cash equivalents

638,259

610,338

Trade accounts receivable, net

88,810

84,103

Inventories, net

358,313

360,629

Other current assets

42,836

31,428

Total current assets

1,128,218

1,086,498

Long-term assets:

Property, plant, and equipment, net

314,197

307,140

Goodwill

365,151

357,973

Amortizable intangible assets, net

55,815

64,712

Deferred tax assets

23,456

37,998

Other noncurrent assets

244,709

256,087

Total assets

2,131,546

2,110,408

LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:

Floor plan payable

94,649

106,091

Accounts payable

70,546

65,136

Other current liabilities

290,147

280,081

Total current liabilities

455,342

451,308

Long-term liabilities:

Long-term debt

14,440

24,773

Deferred tax liabilities

8,445

7,350

Other liabilities

80,382

82,539

Total long-term liabilities

103,267

114,662

Stockholders' Equity:

Common stock

1,521

1,584

Additional paid-in capital

611,934

586,941

Retained earnings

975,947

975,981

Accumulated other comprehensive loss

(16,465

)

(20,068

)

Total stockholders’ equity

1,572,937

1,544,438

Total liabilities and stockholders' equity

2,131,546

2,110,408

CHAMPION HOMES, INC.

CONSOLIDATED INCOME STATEMENTS

(Unaudited, dollars in thousands, except per share amounts)

Three Months Ended

Twelve Months Ended

March 28,

2026

March 29,

2025

March 28,

2026

March 29,

2025

Net sales

621,278

593,867

2,663,639

2,483,448

Cost of sales

466,914

441,414

1,959,320

1,819,425

Gross profit

154,364

152,453

704,319

664,023

Selling, general, and administrative expenses

118,401

110,295

452,554

426,991

Operating income

35,963

42,158

251,765

237,032

Interest (income), net

(4,095

)

(3,997

)

(16,444

)

(16,974

)

Other (income) expense

—

(2,362

)

(3,362

)

Income before income taxes

40,058

46,154

270,571

257,368

Income tax expense

8,132

7,915

56,757

53,724

Net income before equity in net (income) loss of affiliates

31,926

38,239

213,814

203,644

Equity in net (income) loss of affiliates

(179

)

538

(382

)

2,004

Net income

32,105

37,701

214,196

201,640

Net income attributable to non-controlling interest

2,429

1,353

7,298

3,227

Net income attributable to Champion Homes, Inc

29,676

36,348

206,898

198,413

Net income per share:

Basic

0.54

0.63

3.68

3.45

Diluted

0.53

0.63

3.66

3.42

CHAMPION HOMES, INC.

CONSOLIDATED STATEMENTS OF CASH FLOWS

(Unaudited, dollars in thousand)

Year Ended

March 28,

2026

March 29,

2025

Cash flows from operating activities

Net income

214,196

201,640

Adjustments to reconcile net income to net cash provided by operating activities:

Depreciation and amortization

47,789

41,910

Equity-based compensation

20,889

18,269

Deferred taxes

13,899

(10,585

)

Amortization of deferred financing fees

521

414

(Gain) loss on disposal of property, plant, and equipment

(2,583

)

Foreign currency transaction (gain) loss

(488

)

1,305

Equity in net (income) loss of affiliates

(382

)

2,004

Dividends from equity method investment

956

1,242

Change in fair value of contingent consideration

4,497

8,620

Change in assets and liabilities, net of businesses acquired:

Accounts receivable

(4,181

)

(19,507

)

Floor plan receivables

(9,008

)

(22,601

)

Inventories

20,126

(41,961

)

Other assets

5,797

15,594

Accounts payable

4,291

14,424

Accrued expenses and other current liabilities

(12,451

)

30,054

Net cash provided by operating activities

303,868

240,857

Cash flows from investing activities

Additions to property, plant, and equipment

(34,119

)

(50,532

)

Cash paid for acquisitions, net of cash acquired

(27,336

)

—

Cash paid for equity method investment

(895

)

—

Proceeds from floor plan loans

—

2,745

Proceeds from disposal of property, plant, and equipment

5,154

1,632

Net cash (used in) investing activities

(57,196

)

(46,155

)

Cash flows from financing activities

Changes in floor plan financing, net

(11,588

)

14,805

Payments on long term-debt

(1,096

)

—

Payments for deferred financing fees

(1,048

)

—

Distributions to noncontrolling interest

(7,298

)

—

Payments for repurchase of common stock

(200,000

)

(79,999

)

Stock option exercises

4,111

473

Tax payments for equity-based compensation

(5,301

)

(8,317

)

Net cash (used in) financing activities

(222,220

)

(73,038

)

Effect of exchange rate changes on cash and cash equivalents

3,469

(6,389

)

Net increase in cash and cash equivalents

27,921

115,275

Cash and cash equivalents at beginning of period

610,338

495,063

Cash and cash equivalents at end of period

638,259

610,338

CHAMPION HOMES, INC.

RECONCILIATION OF NET INCOME TO ADJUSTED EBITDA

(Unaudited, dollars in thousand)

Three months ended

Twelve Months Ended

March 28,

2026

March 29,

2025

March 28,

2026

March 29,

2025

Net income attributable to Champion Homes, Inc.

29,676

36,348

206,898

198,413

Income tax expense

8,132

7,915

56,757

53,724

Interest (income), net

(4,095

)

(3,997

)

(16,444

)

(16,974

)

Depreciation and amortization

11,964

11,114

47,789

41,910

EBITDA

45,677

51,380

295,000

277,073

Equity in net (income) loss of ECN

(523

)

498

(1,192

)

363

Change in fair value of contingent consideration

4,496

708

4,496

8,620

Plant closure costs

—

5,832

—

Gain on Sale of idle facility

—

(3,650

)

—

Product liability - water intrusion, net

5,030

Transaction costs

642

—

1,794

—

Other

600

—

919

(1,000

)

Adjusted EBITDA

55,922

52,586

308,229

285,056

CHAMPION HOMES, INC.

RECONCILIATION OF NET INCOME TO ADJUSTED NET INCOME AND ADJUSTED EARNINGS PER SHARE

(Unaudited, dollars and shares in thousands, except per share amounts)

(Certain amounts shown net of tax, as applicable)

Three Months Ended

Twelve Months Ended

March 28,

2026

March 29,

2025

March 28,

2026

March 29,

2025

Net income attributable to Champion Homes, Inc.

29,676

36,348

206,898

198,413

Adjustments:

Equity in net loss of ECN

(523

)

498

(1,192

)

363

Change in fair value of contingent consideration

3,552

533

3,546

6,621

Plant closure costs

—

4,786

—

Gain on sale of idle facility

—

(2,749

)

—

Product liability - water intrusion, net

3,974

—

3,974

—

Transaction costs

507

—

1,422

—

Other

474

—

715

(753

)

Adjusted net income attributable to Champion Homes, Inc.

37,660

37,379

217,400

204,644

Adjusted basic net income per share

0.68

0.65

3.87

3.56

Adjusted diluted net income per share

0.68

0.65

3.85

3.52

Average basic shares outstanding

55,223

57,330

56,150

57,562

Average diluted shares outstanding

55,617

57,793

56,502

58,075

CHAMPION HOMES, INC.

RECONCILIATION OF GROSS PROFIT TO ADJUSTED GROSS PROFIT

(Unaudited, dollars in thousand)

Three Months Ended

Twelve Months Ended

March 28,

2026

March 29,

2025

March 28,

2026

March 29,

2025

Gross Profit

154,364

152,453

704,319

664,023

Product liability - water intrusion, net

5,030

—

5,030

—

Adjusted Gross Profit

159,394

152,453

709,349

664,023

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v3.26.1

Document And Entity Information

May 26, 2026

Cover [Abstract]

Document Type

8-K

Amendment Flag

false

Document Period End Date

May 26, 2026

Entity Registrant Name

CHAMPION HOMES, INC.

Entity Central Index Key

0000090896

Entity Emerging Growth Company

false

Entity File Number

001-04714

Entity Incorporation, State or Country Code

Entity Tax Identification Number

35-1038277

Entity Address, Address Line One

755 West Big Beaver Road, Suite 1000

Entity Address, City or Town

Troy

Entity Address, State or Province

Entity Address, Postal Zip Code

48084

City Area Code

(248)

Local Phone Number

614-8211

Written Communications

false

Soliciting Material

false

Pre-commencement Tender Offer

false

Pre-commencement Issuer Tender Offer

false

Title of 12(b) Security

Common Stock

Trading Symbol

SKY

Security Exchange Name

NYSE

- Definition

Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.

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No definition available.

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Area code of city

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- Definition

Cover page.

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No definition available.

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For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

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No definition available.

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- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

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No definition available.

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- Definition

Address Line 1 such as Attn, Building Name, Street Name

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Name of the City or Town

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No definition available.

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Code for the postal or zip code

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No definition available.

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Name of the state or province.

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- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

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- Definition

Indicate if registrant meets the emerging growth company criteria.

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-Publisher SEC

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-Subsection b-2

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- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

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No definition available.

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- Definition

Two-character EDGAR code representing the state or country of incorporation.

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No definition available.

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- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

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- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

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Local phone number for entity.

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No definition available.

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- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

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-Section 13e

-Subsection 4c

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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

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-Section 14d

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- Definition

Title of a 12(b) registered security.

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-Publisher SEC

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Name of the Exchange on which a security is registered.

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-Section 12

-Subsection d1-1

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- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

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Trading symbol of an instrument as listed on an exchange.

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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

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