Champion Homes Projects 8% to 10% Q3 Revenue Growth Amid Input Cost Inflation
Champion Homes (SKY) reported momentum in its second quarter, driven by organic growth and increased market share. CEO Timothy Larson noted that the company is successfully advancing strategic initiatives while maintaining year-over-year performance gains. Despite the positive revenue outlook, the company faces headwinds regarding profitability. Management expects Q3 revenue to grow between 8% and 10%, but cautioned that rising input cost inflation is expected to exert pressure on gross margins during the upcoming quarter.
Tickers: $SKY
Topics: earnings report market share organic growth
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