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News  ›  The Motley Fool

Why One Fund Just Put $23.5 Million Into Champion Homes Despite an 18% Stock Slide

The Motley Fool Logo The Motley Fool By Jonathan Ponciano
Why One Fund Just Put $23.5 Million Into Champion Homes Despite an 18% Stock Slide

Tensile Capital Management invested $23.5 million in Champion Homes, acquiring 308,162 shares despite the stock's 18% annual decline, indicating potential long-term growth opportunity in factory-built housing.

Insights
SKY   neutral

Despite stock's recent underperformance, the company shows solid fundamentals with 11% net sales growth, expanded gross margins, and strong operational execution