Common Stock, par value $0.01
- Symbol
- CVCO
- Exchange
- NASDAQ
- Classification
- COMMON
- Status
- Current
Current Report · Items 2.02, 8.01, 9.01 · 8-K
Cavco Industries, Inc.
CVCONASDAQEQUITYCurrent
Results of Operations and Financial Condition · Other Events
Item 2.02. Results of Operations and Financial Condition On May 21, 2026, Cavco Industries, Inc., a Delaware corporation (the "Company"), announced financial results for its fiscal fourth quarter and year ended March 28, 2026. A copy of the Company’s press release announcing these financial results is attached as Exhibit 99.1 hereto and incorporated in this Item 2.02 by reference.
Company context
Headquartered in Phoenix, Arizona, Cavco Industries, Inc. (Nasdaq: CVCO) designs and builds manufactured homes and modular homes, distributed nationwide through a network of independent and Company-owned retailers. Cavco is one of the largest manufactured and modular home builders in the United States, based on reported wholesale shipments, and is also a leading producer of park model RVs, vacation cabins, and factory-built commercial structures. Cavco's finance subsidiary, CountryPlace Mortgage, is an approved Fannie Mae and Freddie Mac seller/servicer and a Ginnie Mae mortgage-backed securities issuer, offering manufactured home loans - including conforming, non-conforming, and home-only financing - to buyers of manufactured and modular homes. Cavco's insurance subsidiary, Standard Casualty, provides manufactured home insurance and other property and casualty coverage to manufactured homeowners. Learn more about Cavco's manufactured homes and modular homes at www.cavcohomes.com.
Current securities
Registered securities in this filing
CAVCO INDUSTRIES, INC. · 8-K · Filed 2026-05-22
Disclosure sections
Item 2.02Item 2.02 - Results of Operations
Item 2.02. Results of Operations and Financial Condition
On May 21, 2026, Cavco Industries, Inc., a Delaware corporation (the "Company"), announced financial results for its fiscal fourth quarter and year ended March 28, 2026. A copy of the Company’s press release announcing these financial results is attached as Exhibit 99.1 hereto and incorporated in this Item 2.02 by reference.
Item 8.01Item 8.01 - Other Events
Item 8.01. Other Events
On May 18, 2026, the Company's Board of Directors approved a new $150 million stock repurchase program which was also announced in the press release attached as Exhibit 99.1 hereto. The purchases may be made in the open market or one or more privately negotiated transactions in compliance with applicable securities laws and other legal requirements. The actual timing, number and value of shares repurchased under the program will be determined by the Company in its discretion and will depend on a number of factors, including market conditions, applicable legal requirements and other strategic capital needs and opportunities. The program does not obligate Cavco to acquire any particular amount of common stock and may be suspended or discontinued at any time. The Company expects to finance the program from existing cash resources.
Filed exhibits (1)
EX-99.1 2 cvco-2026328xex991.htm EX-99.1 Document For additional information, contact: Mark Fusler Corporate Controller and Investor Relations investor_relations@cavco.com News Release Phone: 602-256-6263 On the Internet: www.cavcoindustries.com FOR IMMEDIATE RELEASE CAVCO INDUSTRIES REPORTS FISCAL 2026 FOURTH QUARTER AND YEAR END RESULTS Cavco finishes fiscal year with record number of homes sold PHOENIX, May 21, 2026 (GLOBE NEWSWIRE) - Cavco Industries, Inc. (Nasdaq: CVCO) today announced financial results for the fourth quarter and fiscal year ended March 28, 2026. Quarterly Highlights • Net revenue of $550 million up 8% from $508 million in the prior year quarter. • Gross profit as a percentage of Net revenue was 23.1%, up 30 basis points ("bps"), with factory-built housing Gross profit as a percentage of Net revenue at 21.2%, down 110 bps. • Net income was $42 million. Net income per diluted share was $5.42 compared to $4.47. Full Fiscal Year Highlights • Net revenue was $2,245 million, up $230 million or 11.4% compared to $2,015 million last year. • Facto…
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