Cavco Industries Reports Fiscal 2024 Fourth Quarter and Year End Results
Cavco Industries, Inc. (CVCO)
US:NASDAQ Investor Relations:
investor.cavco.com
Company Research
Source: GlobeNewswire
PHOENIX, May 23, 2024 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) today announced financial results for the fourth quarter and fiscal year ended March 30, 2024. Quarterly Highlights Net revenue and Net income of $420 million and $34 million, respectively. Gross profit as a percentage of Net revenue was 23.6% with factory-built housing Gross profit as a percentage of Net revenue at 22.4%, down 170 bps and 200 bps, respectively, from last year's fourth quarter.Net income per diluted share attributable to Cavco common stockholders was $4.03 compared to $5.39 in last year's fourth quarter. Full Fiscal Year Highlights Net revenue was $1,795 million, down $348 million or 16.2% compared to $2,143 million last year.Factory-built housing Gross profit as a percentage of Net revenue was 23.2%, compared to 25.3% in the prior year.Income before income taxes was $199 million, down $108 million or 35.2% compared to $307 million in the prior yearNet income per diluted share att
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News
- Those who invested in Cavco Industries (NASDAQ:CVCO) five years ago are up 131% [Yahoo! Finance]Yahoo! Finance
- UMH PROPERTIES, INC. WILL ATTEND AND SHOWCASE TWO DUPLEX HOMES AT THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT'S ANNUAL INNOVATIVE HOUSING SHOWCASE [Yahoo! Finance]Yahoo! Finance
- Cavco Industries, Inc. (NASDAQ:CVCO) Just Released Its Yearly Earnings: Here's What Analysts Think [Yahoo! Finance]Yahoo! Finance
- Cavco Industries Reports Fiscal 2024 Fourth Quarter and Year End Results [Yahoo! Finance]Yahoo! Finance
- A Look At The Intrinsic Value Of Cavco Industries, Inc. (NASDAQ:CVCO) [Yahoo! Finance]Yahoo! Finance
CVCO
Earnings
- 5/23/24 - Miss
CVCO
Sec Filings
- 6/14/24 - Form DEFA14A
- 6/14/24 - Form ARS
- 6/14/24 - Form DEF
- CVCO's page on the SEC website