05:34 PM EDT, 08/06/2024 (MT Newswires) -- Skyline Champion ( SKY ) late Tuesday reported fiscal Q1 adjusted net income of $0.91 per diluted share, up from $0.89 a year earlier.

Five analysts polled by Capital IQ expected $0.73.

Net sales for the quarter ended June 29 were $627.8 million, up from $464.8 million a year ago.

Five analysts polled by Capital IQ projected $600.3 million.

The company said it bought back nearly 292,000 common shares during the quarter for about $20 million, and on Thursday it board increased the share repurchase program to $100 million.