---
schema_version: "secwatch.filing_event.v1"
accession: "0000278166-23-000006"
form_type: "8-K"
ticker: "CVCO"
cik: "0000278166"
company_name: "CAVCO INDUSTRIES, INC."
filed_at: "2023-02-02T23:59:59+00:00"
generated_at: "2026-06-20T02:47:26.833557+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Cavco Q3 rev $501M (+16%), EPS $6.66; backlog down 34%; acquires Solitaire Homes for $93M

## Summary
- Net revenue $500.6M, up 16% YoY; factory-built housing revenue $481.2M (+16.3%).
- Diluted EPS $6.66 vs $8.57 prior year, which included $3.23/share energy tax credit benefit.
- Backlog $427M, down $224M (34%) from $651M in prior quarter due to lower orders.
- Acquired Solitaire Homes on Jan 3, 2023 for $93M cash; adds four factories and 22 retail locations.
- Stock repurchases totaled $34M in Q3 and $73M fiscal year-to-date; cash balance over $280M.

## SEC filing metadata
- accession: 0000278166-23-000006
- form_type: 8-K
- ticker: CVCO
- cik: 0000278166
- company_name: CAVCO INDUSTRIES, INC.
- filed_at: 2023-02-02T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/278166/000027816623000006/0000278166-23-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/278166/000027816623000006/cvco-20230202.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000278166-23-000006
- JSON: https://secwatch.observer/filing/0000278166-23-000006.json
- Plain text: https://secwatch.observer/filing/0000278166-23-000006.txt

## Key facts
- Earnings Releases
  CAVCO INDUSTRIES, INC. reported fiscal third quarter ended December 31, 2022 results: revenue $501 million, net income $59,524 thousand, EPS $6.66.
  - Period: fiscal third quarter ended December 31, 2022
  - Revenue: $501 million
  - Net income: $59,524 thousand
  - EPS: $6.66
  - Result: reported results
  source text: financial results for the third fiscal quarter ended December 31, 2022 and provided updates on other business items. Third Quarter Highlights • Net revenue increased to $501 million, or 16.0%, compared to $432 million in the third quarter of the prior year. • Income before income taxes increased to $76 million, or 29%, compared to $59 million in the prior
  evidence_url: https://www.sec.gov/Archives/edgar/data/278166/000027816623000006/0000278166-23-000006-index.htm

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