Expands Champion Homes' Retail Presence in the Western United States

Champion Homes, Inc. (NYSE:SKY) ("Champion" or "the Company") today announced that it has entered into a definitive agreement to acquire the assets of Homes Direct representing 11 retail locations across key Western U. S. markets, including Arizona, California, Colorado, New Mexico and Oregon. These locations represent the majority of Homes Direct's operating footprint and align closely with Champion's manufacturing and distribution presence in the region.

Homes Direct is the largest independent manufactured and modular home dealer in the western region of the United States, with a differentiated business model that engages a broad set of customers. The company offers a range of options and elevated purchasing experience, supporting customers through permitting, financing, home selection and site preparation. Through its innovative retail platform and additional go‑to‑market channels, Homes Direct expands Champion's ability to drive retail growth and sales across key Western markets.

The transaction is an opportunity to expand Champion's Western U.S. retail footprint and accelerate the Company's direct‑to‑consumer strategy by increasing access to high‑quality retail locations closely aligned with Champion's manufacturing network.

The completion of the acquisition is subject to the satisfaction or waiver of certain customary closing conditions and is expected to close in Champion's second quarter of fiscal year 2027. To ensure a seamless integration process, all Homes Direct employees at impacted locations will be offered employment by Champion following the completion of the transaction.