---
schema_version: "secwatch.filing_event.v1"
accession: "0000278166-22-000063"
form_type: "8-K"
ticker: "CVCO"
cik: "0000278166"
company_name: "CAVCO INDUSTRIES, INC."
filed_at: "2022-11-03T23:59:59+00:00"
generated_at: "2026-06-22T09:58:40.930490+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Cavco Q2 net rev $577M (+60.6%), EPS $8.25; acquires Solitaire Homes for $93M cash

## Summary
- Net revenue $577M (+60.6% YoY), net income $74M (+97.1%), diluted EPS $8.25 vs $4.06.
- Factory-built housing revenue $560M (+63.6%), homes sold 5,111 (+42.1%), average price $109,490 (+15.1%).
- Backlog $651M, down $347M from prior quarter due to lower order rates and improved plant utilization (~80%).
- Acquired Solitaire Homes (4 plants, 22 retail locations) for $93M cash, expected close early Q4 FY2023.
- SEC litigation resolved with $1.5M penalty and injunction; facility expansions in AZ and NC commenced.

## SEC filing metadata
- accession: 0000278166-22-000063
- form_type: 8-K
- ticker: CVCO
- cik: 0000278166
- company_name: CAVCO INDUSTRIES, INC.
- filed_at: 2022-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/278166/000027816622000063/0000278166-22-000063-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/278166/000027816622000063/cvco-2022101x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000278166-22-000063
- JSON: https://secwatch.observer/filing/0000278166-22-000063.json
- Plain text: https://secwatch.observer/filing/0000278166-22-000063.txt

## Key facts
- Earnings Releases
  CAVCO INDUSTRIES, INC. reported fiscal second quarter ended October 1, 2022 results: revenue $577 million, net income $74 million, EPS $8.25.
  - Period: fiscal second quarter ended October 1, 2022
  - Revenue: $577 million
  - Net income: $74 million
  - EPS: $8.25
  - Result: reported results
  source text: further discussion on the planned acquisition of Solitaire Homes, Inc. and provided updates on other business items. Second Quarter Highlights • Net revenue increased to $577 million, or 60.6%, compared to $360 million in the second quarter of the prior year, and Net income attributable to Cavco common stockholders increased to $74 million, or 97.1%, compared
  evidence_url: https://www.sec.gov/Archives/edgar/data/278166/000027816622000063/0000278166-22-000063-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.