Champion Homes, Inc. reported a notable increase in financial performance for the second quarter of fiscal 2026, with net sales reaching $684.4 million, an 11% rise from $616.9 million in the same period last year. The company's gross profit also improved, totaling $187.9 million, up from $166.3 million, reflecting a gross margin of 27.5%. Operating income increased to $74.8 million, compared to $66.7 million in the prior year, while net income attributable to Champion Homes rose to $58.2 million, or $1.03 per diluted share, from $54.7 million, or $0.94 per diluted share.
The company’s financial results for the first half of fiscal 2026 also showed significant growth, with net sales of $1.4 billion, an increase of 11.3% compared to $1.2 billion in the first half of fiscal 2025. Gross profit for this period was $377.8 million, up from $330.5 million, and net income attributable to Champion Homes increased to $122.9 million from $100.5 million. The growth in revenue was attributed to a combination of higher sales volumes and increased average selling prices, particularly in the U.S. manufacturing and retail segments.
Strategically, Champion Homes expanded its operations through the acquisition of Iseman Homes in May 2025, which added 10 retail sales centers in the North Central U.S. This acquisition is expected to enhance distribution capabilities from nearby manufacturing facilities. Additionally, the company has focused on operational improvements, including idling production at its Bartow, Florida facility and ceasing operations at its Kelowna, British Columbia plant, which are anticipated to lead to greater efficiency and profitability.
Operationally, the company reported a decrease in its manufacturing backlog to $313.2 million as of September 27, 2025, down from $427.5 million a year earlier, driven by lower customer orders and higher production rates. The company operated 42 manufacturing facilities in the U.S. and four in Canada, with 82 retail sales centers in operation. The U.S. market share for HUD-code homes sold increased to 22.6%, up from 21.9% in the previous year, indicating a strengthening position in the market.
Looking ahead, Champion Homes anticipates continued demand for affordable housing solutions, driven by demographic trends and economic conditions. The company remains focused on expanding its manufacturing and retail footprint while enhancing operational efficiencies. However, it acknowledges potential risks, including economic fluctuations, supply chain issues, and changes in consumer preferences, which could impact future performance.
About Champion Homes, Inc.
Champion Homes, Inc. is a leading North American manufacturer of factory-built housing, including manufactured and modular homes, park model RVs, and accessory dwelling units. With a broad product portfolio, extensive manufacturing footprint, and retail network, it serves primarily first-time, affordability-conscious, and retiree homebuyers. The company emphasizes quality, innovation, sustainability, and customer engagement within a competitive, regulated industry.
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