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.

Earnings data Q4 2021

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Earnings data Q1 2025

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Earnings data Q3 2025

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 William Boor on Q2 2020 Results - Earnings Call Transcript

PHOENIX, Oct.  28, 2019  (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) today announced financial results for the second fiscal quarter ended September 28, 2019. 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 current quarter's consolidated financial statements presented herein.

Cavco Industries Reports Fiscal 2020 Second Quarter Results

Cavco Industries, Inc. (CVCO) CEO Bill Boor on Q1 2020 Results - Earnings Call Transcript

Cavco Industries (NASDAQ: CVCO) releases its next round of earnings this Monday, July 29.

Cavco Industries Q1 Earnings Preview

Cavco Industries produces manufactured homes and is benefiting from a shortage in U.S. housing.

Cavco Industries Is Benefiting From The Housing Shortage

Cavco Industries Inc (NASDAQ:CVCO) files its latest 10-K with SEC for the fiscal year ended on March 31, 2019.

Cavco Industries Inc (CVCO) Files 10-K for the Fiscal Year Ended on March 31, 2019

Cavco Industries, Inc. (CVCO) CEO Bill Boor on Q4 2019 Results - Earnings Call Transcript

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