Champion Homes 2024年度报告

Dear Fellow Shareholders, Fiscal 2025 represented another exciting chapter in the continued growth and advancement of Champion Homes. I am pleasedthat since stepping into the role of CEO in December 2024, I have been able to meet with many of you and many of our businesspartners, customers, and employees. These interactions provide timely feedback and increase my confidence that we have a solidfoundation to build on — with meaningful near and long-term opportunities that we’ve aligned our strategic investments andexecution to deliver on. Our performance this year is a testament to the importance of tenacious execution, centered on an unwavering focus on ourcustomers. I am grateful to the entire Champion Homes team for their exceptional efforts to grow revenue and earnings in fiscal2025. In addition to growing Fiscal 2025 sales 22.7% to $2.5 Billion and delivering Adjusted EBITDA of $285.1 million, we made asignificant impact in the communities we serve, providing over 26,000 homes to customers and families across the US andCanada. Each home we sell is a direct result of our exciting home designs, quality, value, and the excellence that our teammembers strive to deliver before, during and after the sale. The need for affordable housing remains ever-present across the US and Canada. The long-term outlook for Champion is strongand we have the strategies in place to deliver for all our stakeholders. Strategies that we are thoughtfully executing as we evolve the team with a combination of internal advancement and new talent.Our guiding priorities are not only for the long-term, they provide a clear roadmap for today’s environment and deploying ourcapital. Including: ▪Winning as a customer-centric, high-performance agile team▪Innovating and differentiating with products and services by customer segment and that attracts new buyers▪Expanding and elevating our go-to-market channels, including delivering experiences before, during and after the sale, that earnnew customers and their referrals▪Increasing awareness, demand and advocacy for our brands and homes▪Leveraging our costs, capacity and investments in people, and technology▪Aligning our capital allocation with our strategy, including M&A and share repurchases In closing, I wanted to share my sincere appreciation for your support. We are excited about the future and all that we will continueto build together. Sincerely, UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549 ÈANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the fiscal year ended March 29, 2025‘TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF1934 FOR THE PERIOD FROMTOCommission File Number 001-04714 Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the SecuritiesAct. YesÈNo‘ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the ExchangeAct. Yes‘NoÈ Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file suchreports), and (2) has been subject to such filing requirements for the past 90 days. YesÈNo‘Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period thatthe registrant was required to submit such files). YesÈNo‘Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act:):Large accelerated filerÈAccelerated filer ‘Smaller reporting company‘Emerging growth company‘If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.‘Indicate by check mark whether the Registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) bythe registered public accounting firm that prepared or issued its audit report.ÈIf securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received