Oct 29, 4:57 PM ET
Cavco Industries reported fiscal second-quarter 2027 results for the period ended September 26, 2026, with net revenue up 17.9% to $656.4 million and diluted earnings per share of $7.17, up from $6.55. Those earnings include a one-time $7 million insurance premium return worth $0.70 per diluted share, and factory-built housing gross margin fell to 21.1% from 22.9%.
- Net revenue was $656.4 million, up $100 million or 17.9% from $556.5 million a year earlier, driven by home sales volume and higher average selling price per home.
- Diluted EPS was $7.17 versus $6.55; a one-time $7 million benefit from a return of insurance premium added $0.70 per diluted share.
- Factory-built housing gross profit as a percentage of net revenue was 21.1%, down from 22.9% a year earlier.
- Backlog reached $348 million at quarter end, up $50 million from $298 million sequentially; stock repurchases were about $30 million, with $158 million remaining under Board authorizations.
Read the filing on SEC.gov ↗
Jul 30, 4:41 PM ET
Cavco Industries reported fiscal first-quarter 2027 results for the quarter ended June 27, 2026. Net revenue rose 9.5% to $610 million, but net income fell 18.1% to $42.3 million and diluted earnings per share fell to $5.43 from $6.42. For shareholders, higher sales came with lower profit in the quarter, as factory-built housing gross margin narrowed to 20.8% from 22.6%.
- Net revenue was $610 million, up $53 million or 9.5% from $557 million a year earlier.
- Net income was $42.3 million, down 18.1% from $51.6 million; diluted EPS was $5.43 versus $6.42.
- Factory-built housing gross profit as a percentage of net revenue was 20.8%, compared with 22.6% a year earlier.
- Backlog was $298 million at quarter end, up from $195 million a year earlier; about $188 million remains available for repurchases.
Read the filing on SEC.gov ↗
May 22, 10:35 AM ET
Cavco Industries reported higher fourth-quarter and full-year fiscal 2026 revenue and diluted earnings per share compared with the prior year. On May 18, 2026, the board approved a new $150 million stock repurchase program, which the company expects to fund from existing cash. The company is not obligated to buy any particular amount of stock, and the program can be suspended or discontinued at any time.
- Fourth-quarter net revenue was $550 million, up 8.2% from $508 million; diluted EPS was $5.42 versus $4.47.
- Fiscal 2026 net revenue was $2.245 billion, up 11.4%; diluted EPS was $23.98 versus $20.71.
- Factory-built housing gross margin for the year was 22.1%, down from 22.9%.
- Backlog at March 28, 2026 was $195 million, down from $197 million a year earlier.
Read the filing on SEC.gov ↗
Jan 29, 4:53 PM ET
Cavco Industries reported results for the fiscal third quarter ended December 27, 2025. Net revenue rose 11.3% to $581.0 million, helped by higher home sales volume and the September 29, 2025 acquisition of American Homestar, but diluted earnings per share fell 19.1% to $5.58 from $6.90 as income before taxes declined 16.9%.
- Net revenue was $581.0 million, up $59 million or 11.3% from $522.0 million a year earlier.
- Diluted net income per share was $5.58, down 19.1% from $6.90; net income was $44.1 million versus $56.5 million.
- American Homestar contributed $42 million to net revenue and $2.9 million of deal costs were recorded in the quarter.
- Stock repurchases were approximately $44 million in the quarter, leaving approximately $98 million available under Board authorizations.
Read the filing on SEC.gov ↗
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