Cavco Industries (CVCO) Tops Q2 EPS by 26c
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Cavco Industries Reports Fiscal 2020 Second Quarter Results
October 28, 2019 5:23 PM EDTPHOENIX, Oct. 28, 2019 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) today announced financial results for the second fiscal quarter ended September 28, 2019. On August 2, 2019, the Company completed the acquisition of Destiny Homes, which operates a manufactured and modular housing factory in Moultrie, Georgia. The results from this acquired operation since the acquisition date are included in the current quarter's consolidated financial statements presented herein.
Financial highlights include the following:
Net revenue for the second quarter of fiscal year 2020 was $268.7 million, up 11.3% from $241.5... More