Cavco Industries (CVCO) Tops Q1 EPS by 91c

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Go back to Cavco Industries (CVCO) Tops Q1 EPS by 91c

Cavco Industries Reports Fiscal 2023 First Quarter Results

August 4, 2022 4:05 PM EDT

PHOENIX, Aug. 04, 2022 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) today announced financial results for the first fiscal quarter ended July 2, 2022 and provided updates on other business items.

Quarterly Highlights

Record breaking Net revenue and Net income of $588 million and $60 million, respectively.Gross profit as a percentage of Net revenue increased to 24.6% compared to 22.4% in last year's first quarter, with factory-built housing gross profit as a... More