Champion Homes stock jumps 12% on earnings, buyback refresh — what to watch next
Champion Homes shares surged 12.3% to $85.36 after reporting a 1.8% sales increase and an expanded $150 million buyback authorization. Net income fell 11.7% to $54.3 million, while backlog dropped 15.1% to $266 million. U.S. home sales slipped 2.6%, but average selling price rose 4.6% to $99,300. Other housing stocks also gained during the session.
