Cavco Industries (CVCO) Misses Q3 EPS by 1c

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Cavco Industries Reports Fiscal 2019 Third Quarter Results and Corporate Update

February 4, 2019 4:05 PM EST

PHOENIX, Feb. 04, 2019 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (NASDAQ: CVCO) today announced financial results for the third fiscal quarter ended December 29, 2018.

Financial highlights include the following:

Net revenue for the third quarter of fiscal year 2019 was $233.7 million, up 5.6% from $221.4 million for the third quarter of fiscal year 2018. The increase was primarily from higher home selling prices as a result of input cost inflation and modestly larger home sizes. Net revenue for the first nine months of fiscal 2019 was $721.6 million, a 14.8% increase from... More