secwatch.observer — SEC 8-K summary
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Issuer:     CAVCO INDUSTRIES, INC. (CVCO)
CIK:        0000278166
Form:       8-K
Filed at:   2022-05-26T23:59:59+00:00
Accession:  0000278166-22-000014
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cavco Q4 revenue $505M, EPS $5.80; full-year EPS $21.34; approves $100M buyback
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- Q4 net revenue $505M (+65% YoY); net income $54M (+113%); diluted EPS $5.80 vs $2.71.
- Full-year net revenue $1.63B (+47%); EPS $21.34 vs $8.25; includes $3.28/share from energy tax credits.
- Backlog $1.1B (+82% YoY); factory utilization >80%; added Commodore operations (6 plants).
- Board approved $100M stock repurchase program; prior $100M program fully utilized.
- Factory-built housing gross margin 24.5% (+390 bps YoY); consolidated gross margin 25.6%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/278166/000027816622000014/0000278166-22-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/278166/000027816622000014/cvco-20220526.htm
  HTML page:      https://secwatch.observer/filing/0000278166-22-000014

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