secwatch.observer — SEC 8-K summary
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Issuer:     CAVCO INDUSTRIES, INC. (CVCO)
CIK:        0000278166
Form:       8-K
Filed at:   2021-11-04T23:59:59+00:00
Accession:  0000278166-21-000071
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cavco Industries reports record Q2 revenue $360M, EPS $4.06, acquires Commodore for $156M
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- Net revenue $360M, up 39% YoY; net income $38M, diluted EPS $4.06 vs $1.62.
- Factory-built housing revenue $342M (+42%), home selling prices up 35% to $95,105.
- Backlogs $1.1B, up 245% YoY, including $279M from Commodore acquisition.
- Completed Commodore acquisition Sept 24 for $156M cash; adds 6 plants, 2 retail locations.
- Returned $7.6M to shareholders via stock repurchases.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/278166/000027816621000071/0000278166-21-000071-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/278166/000027816621000071/cvco-20211104.htm
  HTML page:      https://secwatch.observer/filing/0000278166-21-000071

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer