Champion Homes, Inc. Files 8-K on Financials

TL;DR

Champion Homes (CHMP) filed an 8-K detailing financial results and other events.

AI Summary

Champion Homes, Inc. filed an 8-K on October 28, 2024, to report on its results of operations and financial condition, as well as other events. The filing also includes financial statements and exhibits. The company was formerly known as Skyline Corp and later as Skyline Champion Corp before its current name.

Why It Matters

This 8-K filing provides an update on Champion Homes, Inc.'s financial performance and operational status, which is crucial for investors to assess the company's current health and future prospects.

Risk Assessment

Risk Level: low — This is a routine 8-K filing reporting financial information and other events, not indicating any immediate or significant new risks.

Key Players & Entities

• Champion Homes, Inc. (company) — Registrant
• Skyline Champion Corp (company) — Former company name
• Skyline Corp (company) — Former company name
• October 28, 2024 (date) — Date of report

FAQ

Key Financial Figures

• $20 m — repurchase program up to an additional $20 million, which was also announced in the

Filing Documents

• sky-20241028.htm (8-K) — 39KB
• sky-ex99_1.htm (EX-99.1) — 404KB
• img82385316_0.jpg (GRAPHIC) — 52KB
• 0000950170-24-117737.txt ( ) — 645KB
• sky-20241028.xsd (EX-101.SCH) — 23KB
• sky-20241028_htm.xml (XML) — 4KB

02 Results of Operations and Financial Condition

Item 2.02 Results of Operations and Financial Condition. On October 28, 2024, Champion Homes, Inc. (the "Company") issued a press release relating to its results of operations and financial condition for the quarter ended September 28, 2024. 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.

01 Other Events

Item 8.01 Other Events. On October 28, 2024, the Company's Board of Directors approved an increase to the Company's existing share repurchase program up to an additional $20 million, which was also announced in the press release attached as Exhibit 99.1 to this Current Report on Form 8-K. Portions of such press release with respect to the share repurchase program are incorporated in this Item 8.01 by reference.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. 99.1 Press Release issued by Champion Homes, Inc. on October 28, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

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: October 28, 2024 By: /s/ Laurel Krueger Laurel Krueger Senior Vice President, General Counsel and Secretary

View Full Filing

View this 8-K filing on SEC EDGAR