Cavco Industries (CVCO) Tops Q3 EPS by 33c

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Cavco Industries Reports Fiscal 2020 Third Quarter Results

January 30, 2020 4:05 PM EST

PHOENIX, Jan. 30, 2020 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) today announced financial results for the third fiscal quarter ended December 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 consolidated financial statements presented herein.

Financial highlights include the following:

Net revenue for the third quarter of fiscal year 2020 was $273.7 million, up... More