Cavco Industries

Cavco Industries, Inc. engages in the development of residential modular structures. It offers manufactured homes, modular homes, park model RVs and cabins, commercial structures, mortgage lending, and insurance. The firm’s brands include Cavco, Fleetwood, Palm Harbor and Fairmont, Friendship, Chariot Eagle and Destiny. The company operates through following segments: Factory-Built Housing, which includes wholesale and retail systems-built housing operations and Financial Services, which include manufactured housing consumer finance and insurance. It also designs and produces factory-built housing products primarily distributed through a network of independent and Company-owned retailers. The company was founded in 1965 and is headquartered in Phoenix, AZ.

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Cavco Industries faces challenges but maintains strong margins and balance sheet

CVCO faced challenges in volume, revenue, and pre-tax profit, but demonstrated resilience with improved net orders and strong gross margins. The company's acquisition and share repurchases maintained a robust balance sheet. Retailer activity suggests potential for future order improvement, and the company is prepared for the return of demand.

CVCO reports consistent Q2 results, faces production challenges and opportunities

CVCO's Q2 2023 performance was marked by consistent financial results, a decrease in net revenue, and a focus on managing costs and generating cash. Despite challenges related to production outpacing orders and a decline in base business homes sold, the company's strong financial services segment and cash balance present opportunities for strategic adjustments and improvements.

Cavco Industries excels in Q3 earnings, eyes growth opportunities

Cavco Industries delivered strong financial results in Q3 2023, with revenue and profit growth driven by pricing strategies and operational efficiencies.
The company's focus on customer experience, strategic acquisitions, and operational collaboration positions it well for sustained growth and market competitiveness.
While facing challenges such as backlog fluctuations and regional risks, Cavco remains agile in seizing opportunities like increased demand and digital market expansion.
With a solid balance sheet and a commitment to through-the-cycle opportunities, Cavco is poised to navigate market uncertainties and drive long-term value creation.

Cavco Industries faces challenges but shows resilience and growth potential

Cavco Industries navigated a challenging operating environment in Q4 2023, focusing on cost management and sustaining profit amidst lower volumes. Despite revenue and profit declines, the company showcased resilience, completed a strategic acquisition, and emphasized growth opportunities in the manufactured housing business.

Cavco Industries reports steady Q1 performance amidst growth opportunities

Cavco Industries maintained stable financial performance in Q1 2024, with a focus on operational efficiency and strategic acquisitions.
While facing challenges such as lower revenue and margin pressures, the company is leveraging opportunities for growth and capital optimization.
With a strong balance sheet, focus on product enhancements, and readiness to meet increased demand, Cavco is poised for future success.
Investors can expect continued value creation through stock repurchases and operational improvements in a dynamic market environment.

Cavco Industries reports Q2 revenue of $452M, focuses on quality homes and growth opportunities

Cavco Industries navigated challenges in production and profitability, maintaining a strong backlog and cash balance while focusing on quality homes and social responsibility.
Despite margin pressures and profit decline, the company's strategic readiness for growth opportunities and market expansion positions them well for future success.
Management's emphasis on addressing housing deficits and gratitude for investor interest underscore a commitment to sustainable growth and market leadership.

Cavco Industries reports Q3 challenges, eyes strategic growth opportunities

Cavco Industries navigated challenges in Q3 2024 with a focus on strategic growth and affordable housing initiatives.
The company showcased strong financials, stable backlogs, and readiness for future expansion.
Management expressed optimism for improving market conditions and highlighted successful product developments.
Analysts raised concerns about production outlook, cost drivers, and industry capacity expansion.

Cavco Industries overcomes Q4 challenges, eyes growth opportunities ahead

Cavco Industries navigated a challenging Q4 2024 with revenue decline but showed resilience with increased backlog and cash balance. Strategic initiatives focusing on customer relationships, margin management, and retail expansion position the company for future growth amidst industry shifts and pricing pressures.

Cavco Industries reports mixed Q1 performance, eyes growth opportunities

Cavco Industries navigated a mixed performance in Q1 2025, with revenue growth in segments but challenges in profitability metrics.
The company's focus on managing costs, improving community orders, and leveraging product line strengths can drive future growth.
Despite margin pressure and profit decline, Cavco's liquidity position, backlog growth, and product reception offer optimism for the future.
Strategic actions to address challenges and capitalize on opportunities will be key for Cavco's sustained success and profitability.

Cavco Industries reports strong Q2 earnings amidst operational challenges

Cavco Industries delivered robust financial results in Q2 2025, driven by increased units sold and higher average selling prices, showcasing operational strength.
While facing challenges such as hurricane impacts and margin fluctuations, the company maintains financial stability and profitability.
Opportunities lie in leveraging strong demand, enhancing operational efficiency, and exploring new growth avenues to drive future success.
Overall, Cavco Industries' performance reflects resilience and potential for sustained growth in the dynamic housing market landscape.

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Cavco Industries, Inc. (CVCO) CEO Bill Boor on Q3 2021 Results - Earnings Call Transcript

Cavco (CVCO) delivered earnings and revenue surprises of 19.10% and 4.86%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Cavco (CVCO) Tops Q3 Earnings and Revenue Estimates

Shares of Cavco Indus (NASDAQ:CVCO) were flat in after-market trading after the company reported Q3 results. Quarterly Results Earnings per share were down 5.78% over the past year to $2.12, which beat the estimate of $1.73.

Cavco Indus: Q3 Earnings Insights

PHOENIX, Jan. 28, 2021 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) today announced financial results for the third fiscal quarter ended December 26, 2020.

Cavco Industries Reports Fiscal 2021 Third Quarter Results

PHOENIX, Jan. 21, 2021 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq:CVCO) will release earnings for the third quarter ended December 26, 2020 on Thursday, January 28, 2021 after the close of market. Senior management will discuss the results in a live webcast the following day, Friday, January 29, 2021 at 1:00 PM Eastern Time.

Webcast Alert: Cavco Industries, Inc. Announces Fiscal 2021 Third Quarter Earnings Release and Conference Call Webcast

Cavco Industries (CVCO) has been struggling lately, but the selling pressure may be coming to an end soon.

Cavco Industries (CVCO) Sees Hammer Chart Pattern: Time to Buy?

Cavco Industries (CVCO) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.

Moving Average Crossover Alert: Cavco Industries (CVCO)

Cavco Industries, Inc. (CVCO) CEO Bill Boor on Q2 2021 Results - Earnings Call Transcript

Cavco Industries, Inc.'s (CVCO) CEO Bill Boor on Q2 2021 Results - Earnings Call Transcript

Cavco (CVCO) delivered earnings and revenue surprises of 36.13% and 12.90%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Cavco (CVCO) Q2 Earnings and Revenues Surpass Estimates

PHOENIX, Oct. 29, 2020 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) today announced financial results for the second fiscal quarter ended September 26, 2020.

Cavco Industries Reports Fiscal 2021 Second Quarter Results and Announces New $100 Million Stock Repurchase Program

PHOENIX, Oct. 23, 2020 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq:CVCO) will release earnings for the second quarter ended September 26, 2020 on Thursday, October 29, 2020 after the close of market. Senior management will discuss the results in a live webcast the following day, Friday, October 30, 2020 at 1:00 PM Eastern Time.

Webcast Alert: Cavco Industries, Inc. Announces Fiscal 2021 Second Quarter Earnings Release and Conference Call Webcast

Cavco (CVCO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Cavco (CVCO) to Report a Decline in Earnings: What to Look Out for

Cavco Industries, Inc. (CVCO) CEO Bill Boor on Q1 2021 Results - Earnings Call Transcript

PHOENIX, July  30, 2020  (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) today announced financial results for the first fiscal quarter ended June 27, 2020. On August 2, 2019, the Company completed the acquisition of Destiny Homes, which operates a manufactured and modular housing factory in Moultrie, Georgia. The results from this acquired operation since the acquisition date are included in the consolidated financial statements presented herein.

Cavco Industries Reports Fiscal 2021 First Quarter Results

PHOENIX, July  24, 2020  (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq:CVCO) will release earnings for the first quarter ended June 27, 2020 on Thursday, July 30, 2020 after the close of market. Senior management will discuss the results in a live webcast the following day, Friday, July 31, 2020 at 1:00 PM Eastern Time.

Webcast Alert: Cavco Industries, Inc. Announces Fiscal 2021 First Quarter Earnings Release and Conference Call Webcast

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Cavco Industries, Inc. (CVCO) CEO Bill Boor on Q4 2020 Results - Earnings Call Transcript

PHOENIX, May  26, 2020  (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) today announced financial results for the fourth quarter and fiscal year ended March 28, 2020. As previously reported, on August 2, 2019, the Company completed the acquisition of Destiny Homes, which operates a manufactured and modular housing factory in Moultrie, Georgia. The results from this acquired operation since the acquisition date are included in the consolidated financial statements presented herein.

Cavco Industries Reports Fiscal 2020 Fourth Quarter and Year End Results

PHOENIX, March  30, 2020  (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) today provided a business and operations update regarding the novel coronavirus COVID-19 ("COVID-19") pandemic. The Company is taking actions to minimize exposure and transmission risks while continuing to serve its customers, support its suppliers and maintain a safe work environment for its employees.

CAVCO INDUSTRIES PROVIDES BUSINESS UPDATE ON CORONAVIRUS (COVID-19) PANDEMIC

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2 Outperforming Homebuilders to Consider as Industry Stumbles

PHOENIX, Feb.  03, 2020  (GLOBE NEWSWIRE) -- Larry Keener has announced his intention to retire from Cavco Industries, Inc. (NASDAQ: CVCO) ("the "Company") effective March 28, 2020. Effective March 29, 2020, Matt Niño has been named to replace Mr. Keener in the role of President, Retail.

Larry Keener to Retire as President, Retail at Cavco Industries, Inc.; Matt Niño Named as Replacement

Cavco Industries, Inc. (CVCO) CEO Bill Boor on Q3 2020 Results - Earnings Call Transcript

Experienced Public Company Chief Executive Officer Will Contribute Significant Strategic, Organizational, and Operational Expertise to Board Experienced Public Company Chief Executive Officer Will Contribute Significant Strategic, Organizational, and Operational Expertise to Board

Cavco Industries Appoints Steven W. Moster to Board of Directors

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