Cavco Industries (CVCO) Tops Q4 EPS by 1c

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Go back to Cavco Industries (CVCO) Tops Q4 EPS by 1c

Cavco Industries Reports Fiscal 2016 Fourth Quarter and Year End Results

May 26, 2016 4:05 PM EDT

PHOENIX, May 26, 2016 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) today announced financial results for the fourth quarter and fiscal year ended April 2, 2016. The financial statements include the operations of two regional manufactured home builders acquired during the first quarter of fiscal 2016: Chariot Eagle, which primarily produces park model RVs; and Fairmont Homes, a premier builder of manufactured and modular homes and park model RVs.

Financial highlights include the following:

Net revenue for the fourth quarter of fiscal year 2016 totaled $177.3 million, up 25.6% from $141.2 million... More