CAVCO INDUSTRIES, INC. (CVCO) Form 8-K — Jul 30, 2026
Cavco Industries reported fiscal first-quarter net revenue of $610 million, an increase of 9.5% compared to the prior year, driven by a 4.4% rise in home sales volume and higher revenue per home sold. The company achieved record shipments and grew its backlog by over 50% to $298 million, representing 7-9 weeks of production. Despite the top-line growth, net income decreased 18.1% to $42.3 million, with diluted net income per share falling to $5.43 from $6.42 in the same period last year. This decline was attributed to higher input costs and increased selling, general, and administrative expenses, partially offset by improved results in the financial services segment.
Key figures
- Eps
- 5.43
- Revenue
- 609959000
- Net Income
- 42271000
- Revenue Yoy
- 9.5%
- Cash Position
- 243195000
- Shares Outstanding
- 7709359
- Backlog Usd
- $298 million
- Stock Repurchases
- $30 million
- Capacity Utilization
- 75%
- Remaining Authorization
- $188 million
Price after filing
Close on the filing date to close N calendar days later (from $589.08). Historical, not a forecast.
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