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Champion Homes (SKY +10.07%) was an aptly named stock on Wednesday, as its share price zoomed nearly 14% higher. That was the understandably enthusiastic reaction by investors to the company's fiscal second quarter of 2026 earnings report. The big jump in share price was several degrees of magnitude higher than the S&P 500 index's 0.4% gain. A champ in its segment Champion Homes specializes in the manufacture and sale of mobile homes and other factory-produced housing, which is quite a thriving business if the company's latest quarterlies are anything to go by. The recently completed quarter saw the company's net sales leap by 11% year over year to more than $684 million. This was helped by a 3% increase in total home sales to 6,575, combined with a nearly 7% rise in average selling price to $98,700. Net income not according to generally accepted accounting principles (GAAP) rose more modestly. It ticked up by 6% to $57.4 million for the period, or $1.01 per share. Both headline numbers crushed the consensus analyst estimates of just under $637 million for revenue and $0.82 per share for non-GAAP (adjusted) net income. A good time to be a homebuilder and seller In Champion's earnings release, the company quoted CEO Tim Larson as attributing the solid performance to "disciplined execution and continued focus on our strategic priorities." We can expect this ball to continue rolling as long as the U.S. economy remains relatively sturdy and demand continues to be high for housing.
