Cavco Industries (CVCO) Tops Q1 EPS by 55c

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Go back to Cavco Industries (CVCO) Tops Q1 EPS by 55c

Cavco Industries Reports Fiscal 2019 First Quarter Results

August 6, 2018 4:05 PM EDT

PHOENIX, Aug. 06, 2018 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (NASDAQ: CVCO) today announced financial results for the first fiscal quarter ended June 30, 2018.

Financial highlights include the following:

Net revenue for the first quarter of fiscal year 2019 totaled $246.4 million, up 19.1% from $206.8 million in the first quarter of fiscal year 2018. The increase was primarily from improved home sales volume and higher home selling prices from input cost inflation and modestly larger home sizes. Current quarter net revenue also includes $6.5 million from this quarter's required implementation of... More