04:31 PM EDT, 05/21/2024 (MT Newswires) -- Skyline Champion ( SKY ) reported fiscal Q4 adjusted net income Tuesday of $0.62 per diluted share, down from $1.01 a year earlier.

Four analysts polled by Capital IQ expected $0.67.

Net sales for the quarter ended March 30 was $536.4 million, up from $491.5 million a year earlier. Analysts surveyed by Capital IQ expected $560.9 million.

The company's board recently approved a new share repurchase program of up to $100 million.

Skyline shares were down 2% in after-hours activity.

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