AI brief of an SEC Form 8-K · Cavco Industries (CVCO)

Cavco Industries fiscal Q4 profit rises 17%; board approves $150 million buyback

Positive Impact 4 of 5 earnings Written later

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.

Key points

  • 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.

The filing

CompanyCavco Industries (CVCO)
Form8-K, current report
Filed with the SECMay 22, 2026, 10:35 AM ET
Accession number0001628280-26-037575

Items reported: 2.02 Results of Operations8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:00 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 22, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.