Champion Homes Inc (SKY) Enjoys Good Home Prices and Rests on Solid Cash Position

Champion Homes Inc (NYSE:SKY) is among the best homebuilder stocks to buy according to hedge funds. On February 3, Champion Homes Inc (NYSE:SKY) reported its fiscal Q3 2026 results. These are results for the three-month period ended December 27. The homebuilder posted adjusted EPS of $0.96, surpassing the consensus estimate of $0.84. It delivered revenue of $656.6 million, which increased 1.8% YoY and topped the consensus expectation of $647.1 million.

​The quarter was supported by strong home prices. The company achieved an average selling price of $99,300 per US home, representing an increase of 4.6% from the same period a year ago. Otherwise, home unit sales fell 2.6% amid soft market conditions.

​”Despite a challenging environment in the third quarter, we delivered strong operational execution, advanced our strategic priorities, and achieved financial results in line with our expectations,” commented Tim Larson, CEO of Champion Homes.

​Champion Homes’ operating cash flow during the quarter was $100 million. The homebuilder finished the quarter with $659.8 million in cash and cash equivalents after spending $50 million on share repurchases. Notably, the cash increased by $41 million from the previous quarter.

​In other news, Champion Homes’ board refreshed the company’s buyback program, providing for $150 million of potential repurchases in the future.

​Champion Homes, Inc. (NYSE:SKY) is a manufactured housing company. It produces factory-built homes for single-family, multi-family, and hospitality consumers. The company has been in business for more than 70 years and operates 46 manufacturing facilities across the US and western Canada. It operates through brands such as Skyline Homes, Champion Homes, Genesis Homes, and Athens Park Models.

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