CVCO news

Cavco reported record revenue of $656 million and higher net income, driven by home sales volume growth despite gross margin compression and high backlogs.

Cavco Industries delivered record first quarter net revenue of $610 million, though adjusted gross margins and diluted earnings per share declined year-over-year, while the backlog grew over 50%.

Cavco Industries posted fiscal 2026 full-year net revenue of $2.245 billion, up 11.4% YoY, with net income per diluted share reaching $23.98 versus $20.71 prior year. The company completed the American Homestar acquisition, approved a $150 million additional stock repurchase program, and broke groun…