Cavco FY27 Q1 diluted EPS drops 15.4% to $5.43; net revenue rises 9.5% to $610 million

Reuters2026/07/30 20:22

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Cavco posted fiscal 2027 Q1 net revenue of USD 610 million, up 9.5%, while diluted EPS fell to USD 5.43.
Income before income taxes slid 14.6% to USD 55.8 million, reflecting lower profitability in factory-built housing.
Factory-built housing gross margin narrowed 1.8 percentage points to 20.8% as home sales volume rose 4.4% to 5,657.
Financial services gross margin widened 11.5 percentage points to 52.4% on lower claims losses and unrealized gains on its equity portfolio.
Backlog climbed to USD 298 million from a year earlier, while stock repurchases totaled about USD 30 million with USD 188 million remaining authorized.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cavco Industries Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607301605PRIMZONEFULLFEED9801248) on July 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Cavco FY27 Q1 diluted EPS drops 15.4% to $5.43; net revenue rises 9.5% to $610 million

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