Cavco Industries (CVCO) Tops Q1 EPS by 78c

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Cavco Industries Reports Record Fiscal 2022 First Quarter Results and Provides Further Business Updates

August 5, 2021 4:05 PM EDT

PHOENIX, Aug. 05, 2021 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) today announced financial results for the first fiscal quarter ended July 3, 2021 and provides updates on other business items.

Highlights

Recorded highest quarterly Net revenue and Net income in the Company's history at $330 million and $27 million, respectivelyGross profit as a percentage of Net revenue increased to 22.4% and factory-built housing gross profit to... More