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Skyline Champion(SKY) - 2024 Q4 - Annual Results
SKYSkyline Champion(SKY)2024-05-21 20:15

• Net sales decreased 22.3% to 2.0billionGrossprofitmargincontractedby740basispointsto24.02.0 billion • Gross profit margin contracted by 740 basis points to 24.0% • Earnings per share ("EPS") decreased 63.9% to 2.53 • Adjusted EBITDA decreased 55.0% to 245.3millionAdjustedEBITDAmargincontractedby880basispointsto12.1245.3 million • Adjusted EBITDA margin contracted by 880 basis points to 12.1% • Net cash generated by operating activities of 222.7 million during the year "Fiscal 2024 was a transformative year for our organization, marked by strategic investments and expanding our market presence," said Mark Yost, Skyline Cha ...