Champion Homes 2025年季度报告

FORM10-Q (Mark One)☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 For the quarterly period endedSeptember 27,2025 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 For the transition period fromtoCommission file number:001-04714 Champion Homes, Inc.(Exact name of registrant as specified in its charter) Indiana35-1038277(State of Incorporation)(I.R.S. Employer Identification No.) 755 West Big Beaver Road,Suite 1000Troy,Michigan48084(Address of Principal Executive Offices)(Zip Code) (248)614-8211(Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Title of each classTrading Symbol(s)Name of each exchange on which registeredCommon StockSKYNew York Stock Exchange Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Actof 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subjectto such filing requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required tosubmit such files).Yes☒No☐ Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany or an emerging growth company. See the definitions of “large accelerated filers,” “accelerated filer,” “smaller reporting company,” and“emerging growth company” in Rule 12b-2 of the Exchange Act:): Large accelerated filer☒Accelerated filer☐Non-accelerated filer☐Smallerreportingcompany☐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 withany new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the Registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No☒ Number of shares of common stock outstanding asof October 31, 2025:55,858,285 CHAMPION HOMES, INC.FORM 10-Q TABLE OF CONTENTS PART I – FINANCIAL INFORMATION Item 1. Financial StatementsCondensed Consolidated Balance Sheets as of September 27, 2025 (unaudited) and March 29, 20251Condensed Consolidated Income Statements (unaudited) for the three and six months ended September 27, 2025and September 28, 20242Condensed Consolidated Statements of Comprehensive Income (unaudited) for the three and six months endedSeptember 27, 2025 and September 28, 20243Condensed Consolidated Statements of Cash Flows (unaudited) for the six months ended September 27, 2025 andSeptember 28, 20244Condensed Consolidated Statements of Stockholders’ Equity (unaudited) for the three and six months endedSeptember 27, 2025 and September 28, 20245Notes to Condensed Consolidated Financial Statements6Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations18Item 3. Quantitative and Qualitative Disclosures About Market Risk31Item 4. Controls and Procedures31 PART II – OTHER INFORMATION Item 1. Legal Proceedings33Item 2. Unregistered Sales of Equity Securities and Use of Proceeds33Item 5. Other Information33Item 6. Exhibits34 PART I - FINANCIAL INFORMATION Champion Homes, Inc.Condensed Consolidated Balance Sheets(Dollars and shares in thousands, except per share amounts) Champion Homes, Inc.Condensed Consolidated Income Statements(Unaudited, dollars in thousands, except per share amounts) Champion Homes, Inc.Condensed Consolidated Statementsof Comprehensive Income(Unaudited, dollars in thousands) Champion Homes, Inc.Condensed Consolidated Statements of Cash Flows(Unaudited, dollars in thousands) Champion Homes, Inc.Condensed Consolidated Statements of Stockholders’ Equity(Unaudited, dollars and shares in thousands) See accompanying Notes to Condensed Consolidated Financial Statements. Champion Homes, Inc.Notes to Condensed Consolidated Financial Statements 1.Basis of Presentation and Business Nature of Operations:The operations of Champion Homes, Inc., formerly known as Skyline Champion Corporation (the“Company”), consist of manufacturing, retail, construction services, and transportation activities. At September 27, 2025, theCompany operated42manufacturing facilities throughout the United States (“U.S.”) and4manufacturing facilities in westernCanada that primarily construct factory-built, timber-framed manufactured and modular houses that are sold primarily toindependent retailers, builders/developers, and manufactured home community operators. The Company’s retail operations consistof82sales centers that sell