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CHAMPION HOMES ANNOUNCES SECOND QUARTER FISCAL 2027 RESULTS

Troy, Michigan, November 3, 2026 /Business Wire/ -- Champion Homes, Inc. (NYSE: SKY) (“Champion Homes” or the “Company”) today announced financial results for its second quarter ended September 26, 2026 (“fiscal 2027”).

Second Quarter Fiscal 2027 Highlights

• Net sales increased 6.2% to $727.0 million compared to second quarter fiscal 2026

• Gross profit margin of 25.5%

• Earnings per diluted share (“EPS”) of $0.97; adjusted EPS of $0.95

• EBITDA of $77.6 million; adjusted EBITDA of $76.6 million and adjusted EBITDA margin of 10.5%

• Backlog increased to approximately $500 million

“We delivered strong results in our second quarter that were in line with our expectations," said Tim Larson, President and Chief Executive Officer of Champion Homes. "Our team’s focused execution against our strategic priorities enabled us to outperform the housing market in the quarter and build meaningful order momentum. From a product and regulatory perspective, our team flawlessly executed and delivered our two-story home, the New Horizon, to the National Mall for Homes on the Hill in September. This innovative home, which was built to the HUD Code, features a removed second-floor chassis and is designed for vertical construction in narrow urban infill lots offering a unique solution for attainable housing. In addition to delivering new and innovative products, we continue to drive long-term growth across our business, including in our retail channel through the recently announced planned acquisition of Timberline Homes.”

Second Quarter Fiscal 2027 Results

Net sales for the second quarter fiscal 2027 increased 6.2% to $727.0 million compared to the prior-year period. The number of U.S. homes sold in the second quarter fiscal 2027 increased 2.3% to 6,724, driven primarily by higher production rates and an increase in sales from captive retail stores. The ASP per U.S. home sold increased 4.1% to $102,700 due to channel and product mix, as well as improved price realization. The number of Canadian factory-built homes sold in the quarter was 198, compared to 196 in the prior year period.

Gross profit was $185.6 million in the second quarter fiscal 2027. Adjusted gross profit was $185.3 million for an adjusted gross profit margin of 25.5%. Higher material costs were partially offset by sales growth and improved price realization.

Selling, general, and administrative expenses (“SG&A”) in the second quarter fiscal 2027 increased to $119.8 million from $113.1 million in the same period last year. On an adjusted basis, SG&A increased 5.4% to $118.5 million due to the company’s expanded retail footprint. Adjusted SG&A as a percentage of net sales was 16.3%.

Net income was $52.7 million for the second quarter fiscal 2027. Adjusted net income was $51.9 million. The decrease in net income compared to the prior year was primarily driven by inflationary increases in cost of sales.

EBITDA was $77.6 million for the second quarter fiscal 2027 and adjusted EBITDA was $76.6 million. Adjusted EBITDA margin for the quarter was 10.5%.

As of September 26, 2026, Champion Homes had $702.8 million in cash and cash equivalents. The Company repurchased and retired $50.0 million of its common stock during the second quarter under the previously announced repurchase program. In October 2026, the Board of Directors refreshed the share repurchase authorization to provide for $150.0 million of potential future repurchases.

Conference Call and Webcast Information

Champion Homes will host a conference call tomorrow, Wednesday, November 4, 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 11162595. The telephonic replay will be available until 11:59 P.M. Eastern Time on November 18, 2026.

About Champion Homes, Inc.

Champion Homes, Inc. (NYSE: SKY) is a leading producer of factory-built housing in North America and employs approximately 9,200 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,

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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