CVCO earnings
Cavco Industries Inc. (CVCO) earnings releases and earnings dates - real-time wire coverage of every quarterly report.
Recent earnings items
- Cavco Industries Reports Fiscal 2026 Fourth Quarter and Year End ResultsPHOENIX, May 21, 2026 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (NASDAQ:CVCO) today announced financial results for the fourth quarter and fiscal year ended March 28, 2026. Quarterly Highlights Net revenue of $550 million up 8% from $508 million in the prior year quarter.Gross profit as a percentage of Net revenue was 23.1%, up 30 basis points ("bps"), with factory-built housing Gross profit as a percentage of Net revenue at 21.2%, down 110 bps.Net income was $42 million. Net income per diluted share was $5.42 compared to $4.47. Full Fiscal Year Highlights Net revenue was $2,245 million, up $230 million or 11.4% compared to $2,015 million last year.Factory-built housing Gross profit
- Webcast Alert: Cavco Industries, Inc. Announces Fiscal 2026 Fourth Quarter and Year End Earnings Release and Conference Call WebcastPhoenix, May 14, 2026 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (NASDAQ:CVCO) will release earnings for the fourth quarter and fiscal year ended March 28, 2026 on Thursday, May 21, 2026 after the close of market. Senior management will discuss the results in a live webcast the following day, Friday, May 22, 2026 at 1:00 p.m. Eastern Time. Date: May 22, 2026 Time: 1:00 p.m. ET Listen via Internet: https://investor.cavco.com/ Listen via Telephone: To participate in the call, please register here to receive the dial-in number and your unique PIN. If you are unable to participate during the live webcast, the call will be available for 90 days on https://investor.cavco.com/. Cavco
- Cavco Industries Reports Fiscal 2026 Third Quarter ResultsPHOENIX, Jan. 29, 2026 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (NASDAQ:CVCO) ("we," "our," the "Company" or "Cavco") today announced financial results for the third fiscal quarter ended December 27, 2025. On September 29, 2025, we completed the acquisition of American Homestar Corporation, which operates two manufacturing lines, nineteen retail locations and a financial services operation. Since the acquisition date, the results of American Homestar are included in Cavco's consolidated financial statements. Quarterly Highlights Net revenue was $581.0 million, up $59 million or 11.3% compared to $522.0 million in the third quarter of the prior year, primarily on home sales volume and
- Webcast Alert: Cavco Industries, Inc. Announces Fiscal 2026 Third Quarter Earnings Release and Conference Call WebcastPHOENIX, Jan. 22, 2026 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (NASDAQ:CVCO) will release earnings for the third quarter ended December 27, 2025 on Thursday, January 29, 2026 after the close of market. Senior management will discuss the results in a live webcast the following day, Friday, January 30, 2026 at 1:00 p.m. Eastern Time. Date: January 30, 2026 Time: 1:00 p.m. ET Listen via Internet: https://investor.cavco.com/ Listen via Telephone: To participate in the call, please register here to receive the dial-in number and your unique PIN. If you are unable to participate during the live webcast, the call will be available for 90 days on https://investor.cavco.com/.
- Cavco Industries Reports Fiscal 2026 Second Quarter ResultsPHOENIX, Oct. 30, 2025 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (NASDAQ:CVCO) ("we," "our," the "Company" or "Cavco") today announced financial results for the second fiscal quarter ended September 27, 2025. Quarterly Highlights Net revenue was $556.5 million, up $49 million or 9.7% compared to $507.5 million in the second quarter of the prior year, primarily on home sales volume and average selling price per home growth.Home sales volume was up 5.4% and capacity utilization increased to approximately 75% from approximately 70% in the second quarter of the prior year.Factory-built housing Gross profit as a percentage of Net revenue was 22.9%, flat with the same period in the prior year
- Webcast Alert: Cavco Industries, Inc. Announces Fiscal 2026 Second Quarter Earnings Release and Conference Call WebcastPHOENIX, Oct. 23, 2025 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (NASDAQ:CVCO) will release earnings for the second quarter ended September 27, 2025 on Thursday, October 30, 2025 after the close of market. Senior management will discuss the results in a live webcast the following day, Friday, October 31, 2025 at 1:00 p.m. Eastern Time.Date: October 31, 2025Time: 1:00 p.m. ET Listen via Internet: https://investor.cavco.com/Listen via Telephone: To participate in the call, please register here to receive the dial-in number and your unique PIN.If you are unable to participate during the live webcast, the call will be available for 90 days on https://investor.cavco.com/.Cavco I
- Cavco Industries Reports Fiscal 2026 First Quarter ResultsPHOENIX, July 31, 2025 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (NASDAQ:CVCO) ("we," "our," the "Company" or "Cavco") today announced financial results for the first fiscal quarter ended June 28, 2025. Quarterly Highlights Net revenue was $557 million, up $79 million or 16.6% compared to $478 million in the first quarter of the prior year, primarily on home sales volume growth.Home sales volume was up 14.7% and capacity utilization increased to approximately 75% from approximately 65% in the first quarter of the prior year.Factory-built housing Gross profit as a percentage of Net revenue was 22.6%, unchanged from the same period in the prior year. Financial services Gross p
- Webcast Alert: Cavco Industries, Inc. Announces Fiscal 2026 First Quarter Earnings Release and Conference Call WebcastPHOENIX, July 23, 2025 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (NASDAQ:CVCO) will release earnings for the first quarter ended June 28, 2025 on Thursday, July 31, 2025 after the close of market. Senior management will discuss the results in a live webcast the following day, Friday, August 1, 2025 at 1:00 p.m. Eastern Time. Date: August 1, 2025 Time: 1:00 p.m. ET Listen via Internet: https://investor.cavco.com/ Listen via Telephone: To participate in the call, please register here to receive the dial-in number and your unique PIN. If you are unable to participate during the live webcast, the call will be available for 90 days on https://investor.cavco.com/. Cavco Indu
- Cavco Industries Announces Planned Acquisition of Manufactured Home Builder and Retailer, American Homestar CorporationPHOENIX, July 14, 2025 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (NASDAQ:CVCO) ("Cavco" or the "Company") announced today that it has entered into a definitive agreement to acquire American Homestar Corporation and its subsidiaries (collectively, "American Homestar"), a Houston-based company best known in the market as Oak Creek Homes. American Homestar operates two manufacturing facilities, nineteen retail locations, writes and sells a limited number of manufactured home loans and acts as an agent for third party insurers. With 800 employees, revenues for the twelve months ended May 31, 2025 were $194 million, net income was $16.6 million and earnings before interest, taxes, depreciation
- Cavco Industries Reports Fiscal 2025 Fourth Quarter and Year End ResultsPHOENIX, May 22, 2025 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (NASDAQ:CVCO) today announced financial results for the fourth quarter and fiscal year ended March 29, 2025. Quarterly Highlights Net revenue of $508 million up 21% from $420 million in the prior year quarter.Gross profit as a percentage of Net revenue was 22.8% with factory-built housing Gross profit as a percentage of Net revenue at 22.3%, down 80 basis points ("bps") and 10 bps, respectively, from last year's fourth quarter.Net income and Adjusted net income (non-GAAP)* were $36 million and $44 million, respectively. Net income per diluted share attributable to Cavco common stockholders was $4.47 and
- Webcast Alert: Cavco Industries, Inc. Announces Fiscal 2025 Fourth Quarter and Year End Earnings Release and Conference Call WebcastPHOENIX, May 14, 2025 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (NASDAQ:CVCO) will release earnings for the fourth quarter and fiscal year ended March 29, 2025 on Thursday, May 22, 2025 after the close of market. Senior management will discuss the results in a live webcast the following day, Friday, May 23, 2025 at 10:00 a.m. Eastern Time. Date: May 23, 2025 Time: 10:00 a.m. ET Listen via Internet: https://investor.cavco.com/ Listen via Telephone: To participate in the call, please register here to receive the dial-in number and your unique PIN. If you are unable to participate during the live webcast, the call will be available for 60 days on https://investor.cavco.com
- Cavco Industries Reports Fiscal 2025 Third Quarter ResultsPHOENIX, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (NASDAQ:CVCO) ("we," "our," the "Company" or "Cavco") today announced financial results for the third fiscal quarter ended December 28, 2024. Quarterly Highlights Net revenue was $522 million, up $75 million or 16.8% compared to $447 million in the third quarter of the prior year, primarily on home sales volume growth.Home sales volume is up 21.6% and capacity utilization is up to approximately 75% from approximately 60% in the third quarter of the prior year.Factory-built housing Gross profit as a percentage of Net revenue was 23.6%, compared to 22.4% in the prior year period. Financial services Gross profit as a percenta
- Webcast Alert: Cavco Industries, Inc. Announces Fiscal 2025 Third Quarter Earnings Release and Conference Call WebcastPHOENIX, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (NASDAQ:CVCO) will release earnings for the third quarter ended December 28, 2024, on Thursday, January 30, 2025, after the close of market. Senior management will discuss the results in a live webcast the following day, Friday, January 31, 2025, at 1:00 p.m. Eastern Time. Date: January 31, 2025 Time: 1:00 p.m. ET Listen via Internet: https://investor.cavco.com/ Listen via Telephone: To participate in the call, please register here to receive the dial-in number and your unique PIN. If you are unable to participate during the live webcast, the call will be available for 90 days on https://investor.cavco.com
- Cavco Industries Reports Fiscal 2025 Second Quarter Results and Announces New $100 Million Stock Repurchase ProgramPHOENIX, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (NASDAQ:CVCO) ("we," "our," the "Company" or "Cavco") today announced financial results for the second fiscal quarter ended September 28, 2024. Quarterly Highlights Net revenue was $507 million, up $55 million or 12.3% compared to $452 million in the second quarter of the prior year, primarily on home sales volume growth.Home sales volume is up 15.7% and capacity utilization is up to approximately 70% from approximately 60% in the second quarter of the prior year.Factory-built housing Gross profit as a percentage of Net revenue was 22.9%, compared to 23.2% in the prior year period. Financial services Gross profit as a
- Webcast Alert: Cavco Industries, Inc. Announces Fiscal 2025 Second Quarter Earnings Release and Conference Call WebcastPHOENIX, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (NASDAQ:CVCO) will release earnings for the second quarter ended September 28, 2024 on Thursday, October 31, 2024 after the close of market. Senior management will discuss the results in a live webcast the following day, Friday, November 1, 2024 at 1:00 p.m. Eastern Time. Date: November 1, 2024 Time: 1:00 p.m. ET Listen via Internet: https://investor.cavco.com/ Listen via Telephone: To participate in the call, please register here to receive the dial-in number and your unique PIN. If you are unable to participate during the live webcast, the call will be available for 90 days on https://inv
- Cavco Industries Reports Fiscal 2025 First Quarter ResultsPHOENIX, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (NASDAQ:CVCO) ("we," "our," the "Company" or "Cavco") today announced financial results for the first fiscal quarter ended June 29, 2024. Quarterly Highlights Net revenue was $478 million, up $2 million or 0.4% compared to $476 million in the first quarter of the prior year, primarily on home sales volume growth.Sequentially, home sales volume is up 20% and capacity utilization is up to approximately 65% from approximately 60%.Factory-built housing Gross profit as a percentage of Net revenue was 22.6%, compared to 24.8% in the prior year. Financial services Gross loss as a percentage of Net revenue was
- Webcast Alert: Cavco Industries, Inc. Announces Fiscal 2025 First Quarter Earnings Release and Conference Call WebcastPHOENIX, July 26, 2024 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (NASDAQ:CVCO) will release earnings for the first quarter ended June 29, 2024 on Thursday, August 1, 2024 after the close of market. Senior management will discuss the results in a live webcast the following day, Friday, August 2, 2024 at 1:00 p.m. Eastern Time. Date: August 2, 2024 Time: 1:00 p.m. ET Listen via Internet: https://investor.cavco.com/ Listen via Telephone: To participate in the call, please register here to receive the dial-in number and your unique PIN. If you are unable to participate during the live webcast, the call will be available for 90 days on https://investor.cavco.com/. Cavco Ind
- Webcast Alert: Cavco Industries, Inc. Announces Fiscal 2024 Fourth Quarter and Year End Earnings Release and Conference Call WebcastPHOENIX, May 15, 2024 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (NASDAQ:CVCO) will release earnings for the fourth quarter and fiscal year ended March 30, 2024 on Thursday, May 23, 2024 after the close of market. Senior management will discuss the results in a live webcast the following day, Friday, May 24, 2024 at 1:00 p.m. Eastern Time. Date: May 24, 2024 Time: 1:00 p.m. ET Listen via Internet: https://investor.cavco.com/ Listen via Telephone: To participate in the call, please register here to receive the dial-in number and your unique PIN. If you are unable to participate during the live webcast, the call will be available for 90 days on ht
- Cavco Industries Reports Fiscal 2024 Third Quarter Results and Announces New $100 Million Stock Repurchase ProgramPHOENIX, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (NASDAQ:CVCO) ("we," "our," the "Company" or "Cavco") today announced financial results for the third fiscal quarter ended December 30, 2023. Third Quarter Summary Net revenue was $447 million, down $54 million or 10.8% compared to $501 million in the third quarter of the prior year.Factory-built housing Gross profit as a percentage of Net revenue was 22.4%, compared to 25.5% in the prior year. Financial services Gross profit as a percentage of Net revenue was 36.8%, compared to 46.6% in the prior year. Income before income taxes was $44 million, down $32 million or 42.1% compared to $76 million in the prior year perio
- Webcast Alert: Cavco Industries, Inc. Announces Fiscal 2024 Third Quarter Earnings Release and Conference Call WebcastPHOENIX, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (NASDAQ:CVCO) will release earnings for the third quarter ended December 30, 2023 on Thursday, February 1, 2024 after the close of market. Senior management will discuss the results in a live webcast the following day, Friday, February 2, 2024 at 1:00 p.m. Eastern Time. Date: February 2, 2024 Time: 1:00 p.m. ET Listen via Internet: https://investor.cavco.com/ Listen via Telephone: To participate in the call, please register here to receive the dial-in number and your unique PIN. If you are unable to participate during the live webcast, the call will be available for 90 days on https://investor.cavco.com/.
- Cavco Industries Reports Fiscal 2024 Second Quarter ResultsPHOENIX, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (NASDAQ:CVCO) ("we," "our," the "Company" or "Cavco") today announced financial results for the second fiscal quarter ended September 30, 2023. Second Quarter Summary Net revenue was $452 million, down 21.7% compared to $577 million in the second quarter of the prior year.Factory-built housing gross profit as a percentage of Net revenue was 23.2%, compared to 26.7% in the prior year. Financial services Gross profit as a percentage of Net revenue was 35.9% compared to 44.6% in the prior year. Income before income taxes was $52 million, down 44.1% compared to $93 million in the prior year period.Net income per diluted share
- Webcast Alert: Cavco Industries, Inc. Announces Fiscal 2024 Second Quarter Earnings Release and Conference Call WebcastPHOENIX, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (NASDAQ:CVCO) will release earnings for the second quarter ended September 30, 2023 on Thursday, November 2, 2023 after the close of market. Senior management will discuss the results in a live webcast the following day, Friday, November 3, 2023 at 1:00 p.m. Eastern Time. Date: November 3, 2023 Time: 1:00 p.m. ET Listen via Internet: https://investor.cavco.com/ Listen via Telephone: To participate in the call, please register here to receive the dial-in number and your unique PIN. If you are unable to participate during the live webcast, the call will be available for 90 days on https://investor.cavco.com/
- Cavco Industries Reports Fiscal 2024 First Quarter Results and Announces New $100 Million Stock Repurchase ProgramPHOENIX, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (NASDAQ:CVCO) ("we," "our," the "Company" or "Cavco") today announced financial results for the first fiscal quarter ended July 1, 2023. First Quarter Summary Net revenue was $476 million, down 19% compared to $588 million in the first quarter of the prior year.Factory-built housing Gross profit as a percentage of Net revenue was 24.8%, compared to 24.4% in the prior year. The current year period was impacted by purchase accounting adjustments on acquired inventory related to Solitaire Homes, which reduced Factory-built housing margins by 40 basis points.Financial services Gross profit as a percentage of Net revenu
- Webcast Alert: Cavco Industries, Inc. Announces Fiscal 2024 First Quarter Earnings Release and Conference Call WebcastPHOENIX, July 27, 2023 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (NASDAQ:CVCO) will release earnings for the first quarter ended July 1, 2023 on Thursday, August 3, 2023 after the close of market. Senior management will discuss the results in a live webcast the following day, Friday, August 4, 2023 at 1:00 p.m. Eastern Time. Date: August 4, 2023 Time: 1:00 p.m. ET Listen via Internet: https://investor.cavco.com/ Listen via Telephone: To participate in the call, please register here to receive the dial-in number and your unique PIN. If you are unable to participate during the live webcast, the call will be available for 90 days on https://investor.cavco.com/. Cavco Indu
- Cavco industries Reports Fiscal 2023 Fourth Quarter and Year End ResultsPHOENIX, May 18, 2023 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (NASDAQ:CVCO) today announced financial results for the fourth quarter and fiscal year ended April 1, 2023. On January 3, 2023, we completed the acquisition of Solitaire Homes, which operates four manufacturing lines and twenty-two retail locations. Since the acquisition date, the results of Solitaire Homes are included in Cavco's consolidated financial statements. Quarterly Highlights Net revenue and Net income of $476 million and $47 million, respectively. Solitaire Homes contributed $28 million of Net revenue and had a pre-tax loss of $0.8 million, which includes expected purchase accounting adjustments.Gross profit as
- Webcast Alert: Cavco Industries, Inc. Announces Fiscal 2023 Fourth Quarter and Year End Earnings Release and Conference Call WebcastPHOENIX, May 11, 2023 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (NASDAQ:CVCO) will release earnings for the fourth quarter and fiscal year ended April 1, 2023 on Thursday, May 18, 2023 after the close of market. Senior management will discuss the results in a live webcast the following day, Friday, May 19, 2023 at 1:00 p.m. Eastern Time. Date: May 19, 2023 Time: 1:00 p.m. ET Listen via Internet: https://investor.cavco.com/ Listen via Telephone: To participate in the call, please register here to receive the dial-in number and your unique PIN. If you are unable to participate during the live webcast, the call will be available for 60 days on https://investor.cavc
- Cavco Industries Reports Fiscal 2023 Third Quarter Results and Provides Business UpdatesPHOENIX, Feb. 02, 2023 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (NASDAQ:CVCO) ("we," "our," the "Company" or "Cavco") today announced financial results for the third fiscal quarter ended December 31, 2022 and provided updates on other business items. Third Quarter Highlights Net revenue increased to $501 million, or 16.0%, compared to $432 million in the third quarter of the prior year.Income before income taxes increased to $76 million, or 29%, compared to $59 million in the prior year period.Gross profit as a percentage of Net revenue was 26.4%, with Factory-built housing gross profit as a percentage of Net revenue at 25.5%.Net income per diluted share attributable to Cavco common st
- Webcast Alert: Cavco Industries, Inc. Announces Fiscal 2023 Third Quarter Earnings Release and Conference Call WebcastPHOENIX, Jan. 25, 2023 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (NASDAQ:CVCO) will release earnings for the third quarter ended December 31, 2022 on Thursday, February 2, 2023 after the close of market. Senior management will discuss the results in a live webcast the following day, Friday, February 3, 2023 at 1:00 p.m. Eastern Time. Date: February 3, 2023 Time: 1:00 p.m. ET Listen via Internet: https://investor.cavco.com/ Listen via Telephone: To participate in the call, please register here to receive the dial-in number and your unique PIN. If you are unable to participate during the live webcast, the call will be available for 90 days on https://investor.cavco.com/.
- Cavco Industries Reports Fiscal 2023 Second Quarter Results, Discusses Planned Acquisition of Solitaire Homes and Provides Further Business UpdatesPHOENIX, Nov. 03, 2022 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (NASDAQ:CVCO) ("we," "our," the "Company" or "Cavco") today announced financial results for the second fiscal quarter ended October 1, 2022, provided further discussion on the planned acquisition of Solitaire Homes, Inc. and provided updates on other business items. Second Quarter Highlights Net revenue increased to $577 million, or 60.6%, compared to $360 million in the second quarter of the prior year, and Net income attributable to Cavco common stockholders increased to $74 million, or 97.1%, compared to the same period last year.Gross profit as a percentage of Net revenue increased 230 bps to 27.3% and Factory-built ho
- Cavco Industries Announces Planned Acquisition of Manufactured Home Builder and Retailer, Solitaire HomesPHOENIX, Ariz., Oct. 27, 2022 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (NASDAQ:CVCO) ("Cavco" or the "Company") announced today that it has signed a binding offer to acquire the business of Solitaire Homes, Inc. and other related entities (collectively "Solitaire Homes"), including its four manufacturing facilities, twenty-two retail locations and its dedicated transportation operations. Solitaire Homes is headquartered in Duncan, Oklahoma. For the calendar year ending December 31, 2021, Solitaire Homes had pro-forma earnings before taxes, depreciation and amortization of $16.5 million. Solitaire has over 950 employees and operates manufacturing facilities in New Mexico, Oklahoma and Me
- Webcast Alert: Cavco Industries, Inc. Announces Fiscal 2023 Second Quarter Earnings Release and Conference Call WebcastPHOENIX, Oct. 27, 2022 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (NASDAQ:CVCO) will release earnings for the second quarter ended October 1, 2022 on Thursday, November 3, 2022 after the close of market. Senior management will discuss the results in a live webcast the following day, Friday, November 4, 2022 at 1:00 p.m. Eastern Time. Date: November 4, 2022 Time: 1:00 p.m. ET Listen via Internet: https://investor.cavco.com/ Listen via Telephone: To participate in the call, please register here to receive the dial-in number and your unique PIN. If you are unable to participate during the live webcast, the call will be available for 90 days on https://investor.cavco.com/.
- Cavco Industries Reports Fiscal 2023 First Quarter ResultsPHOENIX, Aug. 04, 2022 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (NASDAQ:CVCO) today announced financial results for the first fiscal quarter ended July 2, 2022 and provided updates on other business items. Quarterly Highlights Record breaking Net revenue and Net income of $588 million and $60 million, respectively.Gross profit as a percentage of Net revenue increased to 24.6% compared to 22.4% in last year's first quarter, with factory-built housing gross profit as a percentage of Net revenue at 24.4% in the current year quarter.Earnings per diluted share were $6.63 compared to $2.92 in last year's first quarter.Factory utilization increased to over 85%, a record level over the las
- Cavco Industries Reports Fiscal 2022 Fourth Quarter and Year End Results and Announces New $100 Million Stock Repurchase ProgramPHOENIX, May 26, 2022 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (NASDAQ:CVCO) today announced financial results for the fourth quarter and fiscal year ended April 2, 2022 and provided updates on other business items. The current fiscal year includes 52 weeks while fiscal year 2021 contained 53 weeks, with the extra week falling in the fourth quarter. On September 24, 2021, we completed the acquisition of certain assets and liabilities of The Commodore Corporation ("Commodore"), which operates six manufacturing plants and two retail locations. Since the acquisition date, the results of Commodore are included in Cavco's consolidated financial statements. Quarterly Highlights
- Webcast Alert: Cavco Industries, Inc. Announces Fiscal 2022 Fourth Quarter and Year End Earnings Release and Conference Call WebcastPHOENIX, May 19, 2022 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (NASDAQ:CVCO) will release earnings for the fourth quarter and fiscal year ended April 2, 2022 on Thursday, May 26, 2022 after the close of market. Senior management will discuss the results in a live webcast the following day, Friday, May 27, 2022 at 1:00 p.m. Eastern Time. Date: May 27, 2022 Time: 1:00 p.m. ET Listen via Internet: https://investor.cavco.com/ Listen via Telephone: + 1 (844) 348-1686 (domestic) or + 1 (213) 358-0891 (international) If you are unable to participate during the live webcast, the call will be available for 60 days on https://investor.cavco.com/. Cavco Industries, Inc., headqua
- Cavco Industries Reports Record Fiscal 2022 Third Quarter ResultsPHOENIX, Feb. 03, 2022 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (NASDAQ:CVCO) today announced financial results for the third fiscal quarter ended January 1, 2022 and provided updates on other business items. On September 24, 2021, we completed the acquisition of certain assets and liabilities of The Commodore Corporation ("Commodore"), which operates six manufacturing plants and two retail locations. Since the acquisition date, the results of Commodore are included in Cavco's consolidated financial statements. Quarterly Highlights Record breaking Net revenue and Net income of $432 million and $80 million, respectively, of which Commodore contributed $73 million and $2 million, respec
- Cavco Industries, Inc. Announces Fiscal 2022 Third Quarter Earnings Release and Conference Call WebcastPHOENIX, Jan. 27, 2022 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (NASDAQ:CVCO) will release earnings for the third quarter ended January 1, 2022 on Thursday, February 3, 2022 after the close of market. Senior management will discuss the results in a live webcast the following day, Friday, February 4, 2022 at 1:00 p.m. Eastern Time. Date: February 4, 2022 Time: 1:00 p.m. ET Listen via Internet: https://investor.cavco.com/ Listen via Telephone: + 1 (844) 348-1686 (domestic) or + 1 (213) 358-0891 (international) If you are unable to participate during the live webcast, the call will be available for 90 days on https://investor.cavco.com/. Cavco Industries, Inc.,
- Cavco Industries Reports Record Fiscal 2022 Second Quarter ResultsPHOENIX, Nov. 04, 2021 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (NASDAQ:CVCO) today announced financial results for the second fiscal quarter ended October 2, 2021 and provided updates on other business items. On September 24, 2021, we completed the acquisition of certain assets and liabilities of The Commodore Corporation ("Commodore"), which operates six manufacturing plants and two retail locations. Since the acquisition date, the results of Commodore are included in Cavco's consolidated financial statements. Quarterly Highlights Record breaking Net revenue and Net income of $360 million and $38 million, respectivelyGross profit as a percentage of Net revenue increased
- Webcast Alert: Cavco Industries, Inc. Announces Fiscal 2022 Second Quarter Earnings Release and Conference Call WebcastPHOENIX, Oct. 29, 2021 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (NASDAQ:CVCO) will release earnings for the second quarter ended October 2, 2021 on Thursday, November 4, 2021 after the close of market. Senior management will discuss the results in a live webcast the following day, Friday, November 5, 2021 at 1:00 p.m. Eastern Time. Date: November 5, 2021 Time: 1:00 p.m. ET Listen via Internet: https://investor.cavco.com/ Listen via Telephone: + 1 (844) 348-1686 (domestic) or + 1 (213) 358-0891 (international) If you are unable to participate during the live webcast, the call will be available for 90 days on https://investor.cavco.com/. Cavco Industries, Inc., headquar
- Cavco Industries Reports Record Fiscal 2022 First Quarter Results and Provides Further Business UpdatesPHOENIX, Aug. 05, 2021 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (NASDAQ:CVCO) today announced financial results for the first fiscal quarter ended July 3, 2021 and provides updates on other business items. Highlights Recorded highest quarterly Net revenue and Net income in the Company's history at $330 million and $27 million, respectivelyGross profit as a percentage of Net revenue increased to 22.4% and factory-built housing gross profit to 21.2%Earnings per diluted share was $2.92 compared to $1.80 for the same quarter last yearHome order rates improved nearly 50% over last year's quarterBacklogs increased $189 million during the quarterReleased first ever Corporate Responsibility Re
- Webcast Alert: Cavco Industries, Inc. Announces Fiscal 2022 First Quarter Earnings Release and Conference Call WebcastPHOENIX, July 29, 2021 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (NASDAQ:CVCO) will release earnings for the first quarter ended July 3, 2021 on Thursday, August 5, 2021 after the close of market. Senior management will discuss the results in a live webcast the following day, Friday, August 6, 2021 at 1:00 p.m. Eastern Time. Date: August 6, 2021 Time: 1:00 p.m. ET Listen via Internet: https://investor.cavco.com/ Listen via Telephone: + 1 (844) 348-1686 (domestic) or + 1 (213) 358-0891 (international) If you are unable to participate during the live webcast, the call will be available for 90 days on https://investor.cavco.com/. Cavco Industries, Inc., headquartered in P
- Cavco Industries Announces Planned Acquisition of Manufactured and Modular Home Builder the Commodore CorporationPHOENIX, July 26, 2021 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (NASDAQ:CVCO) ("Cavco" or the "Company") announced today that it has signed a binding offer to acquire the business and certain assets and liabilities of The Commodore Corporation ("Commodore"), including its six manufacturing facilities and two wholly owned retail locations. Commodore is the largest independent builder of manufactured and modular housing in the United States, operating under a variety of brand names such as Commodore Homes of Pennsylvania, Commodore Homes of Indiana, Colony Homes, MidCountry Homes, Pennwest Homes and R-Anell Homes. Commodore has over 1,200 employees and operates across the Northeast, Midwes