SKY
A record year, with a little housing-market swagger
Champion Homes just wrapped its fiscal 2026 fourth-quarter call, and the big headline is simple: the company sold 26,622 homes in the year, its highest tally since going public in 2018. In a housing market where sticker shock has become a national sport, that’s not nothing.
The quarter itself was pretty solid too. Net sales rose 4.6% to $621.3 million, while gross profit and EBITDA both climbed year over year. Translation: the business is still finding buyers, and it isn’t just stuffing the pipeline with vibes.
Buying growth the old-fashioned way
Management also leaned into expansion mode. Champion said it closed the ECN transaction and plans to redirect capital toward strategic priorities, especially the retail channel. Then came the bigger move: the company announced the Homes Direct acquisition, which adds 11 retail locations across the West and brings Champion’s company-owned store count to 95.
That matters because retail is where the customer journey gets real. More locations can mean more reach, more control over the sale, and less dependence on someone else’s sales floor deciding your fate.
The catch? Costs are still annoying
Champion wasn’t pretending everything is sunshine and drywall. The company flagged inflationary pressure on input costs and said it’s using efficiency and value initiatives to keep margins from getting pinched. For Q1 fiscal 2027, it’s guiding to flat revenue and gross margins in the 24.5% to 25.5% range.
- Record annual home sales: 26,622
- Q4 net sales: up 4.6% to $621.3 million
- Homes Direct adds 11 West Coast retail sites
- Q1 fiscal 2027 revenue: expected to be flat
Big picture: Champion Homes is acting like a company that thinks the affordability trade is still alive and well. If the housing affordability crunch sticks around, that could keep this story rolling longer than your average earnings-call victory lap.