Champion Homes grew sales and U.S. home sales, and rising orders lifted pending factory work to $422 million from $302 million. Industry shipments fell about 5%, results matched expectations, and Homes Direct adds little financially next quarter, but stronger orders and sales support a brighter outlook.
The larger pool of pending factory orders gives Champion Homes more work to build. U.S. sales grew even as industry shipments fell about 5%. Results matched expectations, and Homes Direct will add little financially in the second quarter. The order growth and sales gains point to stronger business prospects.
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