Cavco Industries Inc.
CVCOCavco Industries Inc. (CVCO) is a leading manufacturer of factory-built homes, including modular, prefabricated, and manufactured housing. The company designs and produces affordable housing solutions for various market segments, including retail, park, and vacation home markets, with a focus on innovation, energy efficiency, and quality craftsmanship. Cavco operates through several subsidiaries and emphasizes sustainable building practices within the affordable housing industry.
Company News
Cavco Industries reported strong Q2 fiscal 2026 earnings, beating analyst expectations with nearly 10% revenue growth and almost 20% increase in net income, driven by robust housing market demand and performance across all business segments.
Cavco Industries will release its fiscal 2026 second quarter earnings on October 30, 2025, with a live webcast conference call on October 31, 2025 at 1:00 p.m. Eastern Time to discuss financial results.
Cavco Industries completed the acquisition of American Homestar Corporation for $190 million, expanding its manufactured home manufacturing and retail operations across Texas, Louisiana, and Oklahoma.
Cavco, a homebuilder, reported Q1 earnings of $4.11 per share, missing the Zacks Consensus Estimate of $4.97 per share. The company's revenues also fell short of expectations. The outlook for the company is mixed, with the Zacks Rank #3 (Hold) indicating the stock is expected to perform in line with the market.
